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Coastal Contacts (OSTO:COA) Total Inventories : kr178 Mil (As of Jan. 2014)


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What is Coastal Contacts Total Inventories?

Coastal Contacts's total inventories for the quarter that ended in Jan. 2014 was kr178 Mil. Coastal Contacts's average total inventories from the quarter that ended in Oct. 2013 to the quarter that ended in Jan. 2014 was kr179 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Coastal Contacts's Net-Net Working Capital per share for the quarter that ended in Jan. 2014 was kr-2.33.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Coastal Contacts's Days Inventory for the three months ended in Jan. 2014 was 93.13.

Inventory Turnover measures how fast the company turns over its inventory within a year. Coastal Contacts's Inventory Turnover for the quarter that ended in Jan. 2014 was 0.98.

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. Coastal Contacts's Inventory-to-Revenue for the quarter that ended in Jan. 2014 was 0.58.


Coastal Contacts Total Inventories Historical Data

The historical data trend for Coastal Contacts'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.

Coastal Contacts Total Inventories Chart

Coastal Contacts Annual Data
Trend Oct04 Oct05 Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 103.54 115.03 170.76 171.08 179.29

Coastal Contacts Quarterly Data
Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14
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 173.87 158.95 176.99 179.29 178.37

Coastal Contacts 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.


Coastal Contacts  (OSTO:COA) 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.

Coastal Contacts's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2014 is

Net-Net Working Capital Per Share (Q: Jan. 2014 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(80.23+0.75 * 0+0.5 * 178.371-334.235
-0-0)/70.821
=-2.33

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

Coastal Contacts's Days Inventory for the three months ended in Jan. 2014 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2014 )/Cost of Goods Sold (Q: Jan. 2014 )*Days in Period
=178.828/175.217*365 / 4
=93.13

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

Coastal Contacts's Inventory Turnover for the quarter that ended in Jan. 2014 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2014 ) / Average Total Inventories (Q: Jan. 2014 )
=175.217 / 178.828
=0.98

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.

Coastal Contacts's Inventory to Revenue for the quarter that ended in Jan. 2014 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2014 ) / Revenue (Q: Jan. 2014 )
=178.828 / 308.925
=0.58

* 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.


Coastal Contacts Total Inventories Related Terms

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Coastal Contacts (OSTO:COA) Business Description

Traded in Other Exchanges
N/A
Address
Coastal Contacts Inc. was incorporated under the Canada Business Corporations Act on December 14, 2000. The Company is an online retailer of vision care products. It is a direct-to-consumer retailer of vision care products and services. The Company sells contact lenses, eyeglasses and related products mainly through the Company's internet websites, although customers may also place orders over the telephone. It has operations and distribution centers in North America, Europe and Australia. The Company sells contact lenses manufactured by multinational companies such as Johnson and Johnson Inc., CIBA Vision Corporation (a division of Alcon), Bausch & Lomb Inc. and Coopervision Inc. It sells eyeglasses, which are mainly assembled in the Company's own laboratories, composed of frames and lenses purchased from a variety of different suppliers. The frames it uses in its eyeglasses include both branded frames and the Company's own private label frames such as Derek Cardigan, Kam Dhillon, Ltede and Joseph Marc. The Company also sells a variety of vision related products such as sunglasses and contact lens solutions including its own Healthy Eyes brand multipurpose contact lens solution for soft contact lenses. It offers substantially all of the soft contact lenses produced by the contact lens manufacturers, including Johnson & Johnson Inc., CIBA Vision Corporation, Bausch & Lomb Inc. and Coopervision Inc. The Company conducts all of its product fulfillment operations from the Company's distribution facilities in Vancouver, British Columbia, Canada; Stockholm, Sweden; Blaine, Washington and Sydney, Australia.

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