MOCON (MOCO) Total Inventories : $7.52 Mil (As of Mar. 2017)

View and export this data going back to 1989. Start your Free Trial

What is MOCON Total Inventories?

MOCON's total inventories for the quarter that ended in Mar. 2017 was $7.52 Mil. MOCON's average total inventories from the quarter that ended in Dec. 2016 to the quarter that ended in Mar. 2017 was $7.12 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. MOCON's Net-Net Working Capital per share for the quarter that ended in Mar. 2017 was $1.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MOCON's Days Inventory for the three months ended in Mar. 2017 was 95.12.

Inventory Turnover measures how fast the company turns over its inventory within a year. MOCON's Inventory Turnover for the quarter that ended in Mar. 2017 was 0.96.

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. MOCON's Inventory-to-Revenue for the quarter that ended in Mar. 2017 was 0.46.

MOCON Total Inventories Historical Data

The historical data trend for MOCON'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.

MOCON Total Inventories Chart

MOCON Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Total Inventories

Get a 7-Day Free Trial

6.35

7.47

8.71

7.79

6.73

MOCON Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Total Inventories	Get a 7-Day Free Trial															7.73	7.66	7.36	6.73	7.52

MOCON 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.

MOCON (NAS:MOCO) 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.

MOCON's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2017 is

	Net-Net Working Capital Per Share (Q: Mar. 2017 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(11.162	+	0.75 * 10.443	+	0.5 * 7.515	-	15.516
-	0	-	0)	/	5.86713
=	1.23

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

MOCON's Days Inventory for the three months ended in Mar. 2017 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2017 )	/	Cost of Goods Sold (Q: Mar. 2017 )	*	Days in Period
	=	7.1215	/	6.832	*	365 / 4
	=	95.12

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

MOCON's Inventory Turnover for the quarter that ended in Mar. 2017 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2017 )	/	Average Total Inventories (Q: Mar. 2017 )
	=	6.832	/	7.1215
	=	0.96

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.

MOCON's Inventory to Revenue for the quarter that ended in Mar. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2017 )	/	Revenue (Q: Mar. 2017 )
	=	7.1215	/	15.496
	=	0.46

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.

MOCON Total Inventories Related Terms

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

MOCON (MOCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MOCON Inc (NAS:MOCO) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.mocon.com

MOCON Inc was incorporated as a Minnesota corporation in February 1966. The Company designs, manufactures, markets and services products, and provides consulting services, in the test and measurement, analytical instrument and services markets. Its products includes instruments that detects, measures and monitors gases and other chemical compounds which help its customers improves the quality of their products, as well as develops new products. Its gas and vapor permeation instruments were first used in the food packaging industry, starting in the 1970s, to measure small amounts of moisture which can adversely affect dry cereals and other food packaging. The Company's products serve markets such as foods, beverages, pharmaceuticals and consumer products, oil and gas exploration and industrial and environmental safety. It develops, manufactures, markets and services test and measurement, analytical and monitoring instruments and systems used to detect, measure and analyze gases and other chemical compounds, as well as providing related consulting services. The market for these products consists of manufacturers of packaging materials, including manufacturers of papers, plastic films, coatings and containers and the users of such packaging materials, such as companies in the food, beverage, pharmaceutical and consumer product industries. Its other customers include manufacturers of flat panel displays, solar panels, electronics, and many other sophisticated materials. The Company has four operating segments which are combined into three reporting segments as follows; Permeation Products and Services, Package Testing Products and Services, and Industrial Analyzer Products and Services and Other. Its permeation products consist of systems and services that measure the rate at which various gases and vapors transmit through a variety of materials. These products perform measurements under precise temperature, pressure and relative humidity conditions. It manufactures and sells three products in this group; headspace analyzers, leak detection equipment and gas mixers. Its headspace analyzer products are used to analyze the amount and type of gas present in the headspace of flexible and rigid packages, as applied to gas flushing in modified or controlled atmosphere packaging. It manufactures and distributes gas analysis and monitoring instrumentation used in applications such as oil and gas exploration, process gas analysis, industrial hygiene and safety, environmental air monitoring and indoor air quality. Its microbial detection products are designed to rapidly detect microbial growth in food and beverage samples. The Company manufactures and sells three products in this group; headspace analyzers, leak detection equipment and gas mixers. Its trademarks and service marks include the following; MOCON, APCHECK, AQUATRACE, AQUATRAN, AROMATRAN, AROMATRAX, BASELINE, BEVALERT, CALCARD, CAL-SMART, CheckPoint, CMV-2, COULOX, FLO SMART, GREENL

Executives

Bradley D Goskowicz	director
Kathleen P Iverson	director	5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Robert F Gallagher	director	C/O RESISTANCE TECHNOLOGY INC 1260 RED FOX ROAD ARDEN HILLS MN 55112
Robert L Demorest	director, officer: Chairman, President and CEO	2235 VALE CREST, MINNEAPOLIS MN 55422
Paul R Zeller	director	C/O IMATION CORP, 1 IMATION PL, OAKDALE MN 55128
Darrell B Lee	officer: VP, CFO, Treasurer & Secretary	C/O MOCON, INC., 7500 BOONE AVENUE NORTH, MINNEAPOLIS MN 55428