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Brainy Brands Co (Brainy Brands Co) Total Inventories : $0.05 Mil (As of Dec. 2010)


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What is Brainy Brands Co Total Inventories?

Brainy Brands Co's total inventories for the quarter that ended in Dec. 2010 was $0.05 Mil. Brainy Brands Co's average total inventories from the quarter that ended in Dec. 2009 to the quarter that ended in Dec. 2010 was $0.07 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Brainy Brands Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2010 was $-0.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Brainy Brands Co's Days Inventory for the six months ended in Dec. 2010 was 79.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. Brainy Brands Co's Inventory Turnover for the quarter that ended in Dec. 2010 was 2.28.

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. Brainy Brands Co's Inventory-to-Revenue for the quarter that ended in Dec. 2010 was 0.15.


Brainy Brands Co Total Inventories Historical Data

The historical data trend for Brainy Brands Co'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.

Brainy Brands Co Total Inventories Chart

Brainy Brands Co Annual Data
Trend Dec09 Dec10
Total Inventories
0.10 0.05

Brainy Brands Co Semi-Annual Data
Dec09 Dec10
Total Inventories 0.10 0.05

Brainy Brands Co 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.


Brainy Brands Co  (OTCPK:TBBC) 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.

Brainy Brands Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2010 is

Net-Net Working Capital Per Share (Q: Dec. 2010 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.922+0.75 * 0.084+0.5 * 0.052-3.318
-0-0)/32.7
=-0.07

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

Brainy Brands Co's Days Inventory for the six months ended in Dec. 2010 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2010 )/Cost of Goods Sold (Q: Dec. 2010 )*Days in Period
=0.074/0.169*365 / 2
=79.91

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

Brainy Brands Co's Inventory Turnover for the quarter that ended in Dec. 2010 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2010 ) / Average Total Inventories (Q: Dec. 2010 )
=0.169 / 0.074
=2.28

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.

Brainy Brands Co's Inventory to Revenue for the quarter that ended in Dec. 2010 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2010 ) / Revenue (Q: Dec. 2010 )
=0.074 / 0.499
=0.15

* 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.


Brainy Brands Co Total Inventories Related Terms

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Brainy Brands Co (Brainy Brands Co) Business Description

Traded in Other Exchanges
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Address
Website
Brainy Brands Company Inc. was incorporated under the laws of the State of Delaware on November 21, 2007 and began activity in 2008.Previously, it was known as Enter Corp. The proposed business plan of the Company is to use innovative agricultural technology and know-how to grow vegetables and other crops, initially in the former Soviet Republic of Georgia, and later in other selected locations. The Company is in the development stage and has yet to realize revenues from operations. It intends to locate a local, joint venture partner to co-invest with them in its pilot project on a 30-hectare plot of land. If it does not locate a local, joint venture partner but do raise funds, it will execute the Pilot Project on its own. It initially intended to conduct a pilot project at a suitable location, which it has found in the town of Natakhtari in Georgia. Its President, Mr. Ayalon, has the experience of setting up farming operations in foreign countries and is capable of hiring local staff and managing them for its farming operations. Since the growing season starts in March in most regions of Georgia, it has missed the 2010 growing season. Hence, 2010 will be dedicated to building its infrastructure and locating the financing it require for its Pilot Project. It intends to advertise in local newspapers in Georgia in order to attract a possible local, joint venture partner. It intends to begin its Pilot Project operation in March 2011. It intends to bring Western know-how and precision farming techniques to its Georgian operations. Precision farming is based on proper soil analysis, proper seed choice, and the use of precise amounts of fertilizer, herbicides and pesticides. The use of drip irrigation plays an important role in precision farming by enabling the delivery of exact amounts of water and fertilizer. Additionally, the proper timing of planting, harvesting, fertilizer and pest control are all part of what is known as "precision farming techniques". Precision farming helps improve crop yields, because it is a scientific method that treats each crop individually. The Pilot Project's main focus is to prove its ability to produce vegetables for the local market. It hopes to locate a distributor that will supply its produce to local retailers and local wholesalers who will purchase its produce.