Davi Luxury Brand Group (Davi Luxury Brand Group) Total Inventories : $0.04 Mil (As of Mar. 2014)

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What is Davi Luxury Brand Group Total Inventories?

Davi Luxury Brand Group's total inventories for the quarter that ended in Mar. 2014 was $0.04 Mil. Davi Luxury Brand Group's average total inventories from the quarter that ended in Dec. 2013 to the quarter that ended in Mar. 2014 was $0.04 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Davi Luxury Brand Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2014 was $0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Davi Luxury Brand Group's Days Inventory for the three months ended in Mar. 2014 was 1,802.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. Davi Luxury Brand Group's Inventory Turnover for the quarter that ended in Mar. 2014 was 0.05.

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. Davi Luxury Brand Group's Inventory-to-Revenue for the quarter that ended in Mar. 2014 was 0.84.

Davi Luxury Brand Group Total Inventories Historical Data

The historical data trend for Davi Luxury Brand Group'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.

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Davi Luxury Brand Group Total Inventories Chart

Davi Luxury Brand Group Annual Data

Trend

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Total Inventories

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0.02

0.08

0.01

Davi Luxury Brand Group Quarterly Data
	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14
Total Inventories	Get a 7-Day Free Trial															0.01	0.01	0.01	0.04	0.04

Davi Luxury Brand Group 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.

Davi Luxury Brand Group (OTCPK:MDAV) 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.

Davi Luxury Brand Group's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2014 is

	Net-Net Working Capital Per Share (Q: Mar. 2014 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.427	+	0.75 * 0.023	+	0.5 * 0.039	-	0.328
-	0	-	0)	/	14.1959
=	0.01

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

Davi Luxury Brand Group's Days Inventory for the three months ended in Mar. 2014 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2014 )	/	Cost of Goods Sold (Q: Mar. 2014 )	*	Days in Period
	=	0.0395	/	0.002	*	365 / 4
	=	1,802.19

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

Davi Luxury Brand Group's Inventory Turnover for the quarter that ended in Mar. 2014 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2014 )	/	Average Total Inventories (Q: Mar. 2014 )
	=	0.002	/	0.0395
	=	0.05

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.

Davi Luxury Brand Group's Inventory to Revenue for the quarter that ended in Mar. 2014 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2014 )	/	Revenue (Q: Mar. 2014 )
	=	0.0395	/	0.047
	=	0.84

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.

Davi Luxury Brand Group Total Inventories Related Terms

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Davi Luxury Brand Group (Davi Luxury Brand Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Davi Luxury Brand Group Inc (OTCPK:MDAV) » Definitions » Total Inventories

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Address

9426 Dayton Way, Beverly Hills, CA, USA, 90210

Website

http://www.daviskin.com

Davi Luxury Brand Group Inc is a skin care (cosmetics) company that offers a grape-vineyard, botanical based skin care products marketed under the Company's 'DAVI', 'DAVI NAPA' and 'DAVI SKIN' brand names. All of its products are, or will be sold 'over the counter.' Through licensing and other arrangements, its products are available in high-end retail stores in Asia, luxury hotels worldwide, and in-flight and duty-free shops of a global luxury airline. The Company's products compete against similar, branded products of many large and small companies.

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