GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » LiveOne Inc (NAS:LVO) » Definitions » Total Inventories

LVO (LiveOne) Total Inventories : $1.7 Mil (As of Sep. 2024)


View and export this data going back to 2011. Start your Free Trial

What is LiveOne Total Inventories?

LiveOne's total inventories for the quarter that ended in Sep. 2024 was $1.7 Mil. LiveOne's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $2.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. LiveOne's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-0.66.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. LiveOne's Days Inventory for the three months ended in Sep. 2024 was 8.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. LiveOne's Inventory Turnover for the quarter that ended in Sep. 2024 was 10.94.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. LiveOne's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.07.


LiveOne Total Inventories Historical Data

The historical data trend for LiveOne's Total Inventories can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

LiveOne Total Inventories Chart

LiveOne Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.57 2.60 2.60 1.80

LiveOne Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.28 2.09 1.80 2.81 1.68

LiveOne Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


LiveOne  (NAS:LVO) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

LiveOne's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(11.053+0.75 * 14.079+0.5 * 1.675-61.359
-13.187-10.506)/94.9574
=-0.66

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

LiveOne's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=2.242/24.518*365 / 4
=8.34

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

LiveOne's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=24.518 / 2.242
=10.94

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

LiveOne's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=2.242 / 32.594
=0.07

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


LiveOne Total Inventories Related Terms

Thank you for viewing the detailed overview of LiveOne's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


LiveOne Business Description

Traded in Other Exchanges
Address
269 South Beverly Drive, Suite 1450, Beverly Hills, CA, USA, 90212
LiveOne Inc, formerly LiveXLive Media Inc is a premium internet network devoted to live music and music-related video content. The company has been building an online destination for music fans to enjoy live performances from music venues and music festivals around the world, such as Rock in Rio, Outside Lands Music and Arts Festival, and Hangout Music Festival, as well as original content, artist exclusives, and industry interviews. The Company operates mainly through three segments, PodcastOne, Slacker, and Media Group, with a majority of its revenue derived from the Slacker segment.
Executives
Kristopher Wright director 269 SOUTH BEVERLY DRIVE, SUITE 1450, BEVERLY HILLS CA 90212
Robert S Ellin director, 10 percent owner, officer: CEO and Chairman 4751 WILSHIRE BLVD, 3RD FLOOR, LOS ANGELES CA 90010
Aaron Sullivan officer: Interim CFO, Controller & EVP 269 SOUTH BEVERLY DRIVE, SUITE 1450, BEVERLY HILLS CA 90212
Jay E. Krigsman director C/O LATERAL MEDIA, INC., 2121 AVENUE OF THE STARS, SUITE 2550, LOS ANGELES CA 90067
Patrick D Wachsberger director C/O LIVEXLIVE MEDIA, INC., 9200 SUNSET BOULEVARD, SUITE #1201, WEST HOLLYWOOD CA 90069
Maria D Garrido director C/O LIVEXLIVE MEDIA, INC.,, 269 SOUTH BEVERLY DRIVE, SUITE 1450, BEVERLY HILLS CA 90212
Michael Quartieri officer: CFO, EVP & Secretary C/O SCIENTIFIC GAMES CORPORATION, 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Bridget Baker director 2550 DENALI STREET, SUITE 1000, ANCHORAGE X1 99503
Tim J. Spengler director C/O LIVEXLIVE MEDIA, INC, 269 SOUTH BEVERLY DRIVE, SUITE 1450, BEVERLY HILLS CA 90212
Dermot A Mccormack officer: President C/O LIVEXLIVE MEDIA, INC., 269 SOUTH BEVERLY DRIVE, SUITE #1450, BEVERLY HILLS CA 90212
Kenneth A Solomon director C/O LIVEXLIVE MEDIA, INC., 9200 SUNSET BOULEVARD, SUITE #1201, WEST HOLLYWOOD CA 90069
Ramin Arani director C/O LIVEXLIVE MEDIA, INC, 920 SUNSET BOULEVARD, SUITE #1201, WEST HOLLYWOOD CA 90069
Douglas D Schaer officer: Chief Operating Officer C/O LIVEXLIVE MEDIA, INC., 269 SOUTH BEVERLY DRIVE, SUITE 1450, BEVERLY HILLS CA 90212
Michael Leonard Zemetra officer: CFO and EVP 5264 CALATRANA DRIVE, WOODLAND HILLS CA 91364
Jerome N. Gold officer: CFO and EVP C/O LIVEXLIVE MEDIA, INC, 269 SOUTH BEVERLY DRIVE, SUITE 1450, BEVERLY HILLS CA 90212