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Liquidmetal Technologies (Liquidmetal Technologies) Days Inventory : 11.81 (As of Dec. 2023)


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What is Liquidmetal Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Liquidmetal Technologies's Average Total Inventories for the three months ended in Dec. 2023 was $0.03 Mil. Liquidmetal Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.20 Mil. Hence, Liquidmetal Technologies's Days Inventory for the three months ended in Dec. 2023 was 11.81.

The historical rank and industry rank for Liquidmetal Technologies's Days Inventory or its related term are showing as below:

LQMT' s Days Inventory Range Over the Past 10 Years
Min: 9.43   Med: 34.65   Max: 204.79
Current: 25.48

During the past 13 years, Liquidmetal Technologies's highest Days Inventory was 204.79. The lowest was 9.43. And the median was 34.65.

LQMT's Days Inventory is ranked better than
95.56% of 2905 companies
in the Industrial Products industry
Industry Median: 119.85 vs LQMT: 25.48

Liquidmetal Technologies's Days Inventory declined from Dec. 2022 (50.00) to Dec. 2023 (11.81).

Inventory Turnover measures how fast the company turns over its inventory within a year. Liquidmetal Technologies's Inventory Turnover for the three months ended in Dec. 2023 was 7.73.

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. Liquidmetal Technologies's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.09.


Liquidmetal Technologies Days Inventory Historical Data

The historical data trend for Liquidmetal Technologies's Days Inventory 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.

Liquidmetal Technologies Days Inventory Chart

Liquidmetal Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.43 16.16 22.67 34.65 25.28

Liquidmetal Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 50.00 99.18 43.87 26.14 11.81

Competitive Comparison of Liquidmetal Technologies's Days Inventory

For the Metal Fabrication subindustry, Liquidmetal Technologies's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Liquidmetal Technologies's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Liquidmetal Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Liquidmetal Technologies's Days Inventory falls into.



Liquidmetal Technologies Days Inventory Calculation

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

Liquidmetal Technologies's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0.025 + 0.025) / 2 ) / 0.361*365
=0.025 / 0.361*365
=25.28

Liquidmetal Technologies's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.026 + 0.025) / 2 ) / 0.197*365 / 4
=0.0255 / 0.197*365 / 4
=11.81

* 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.


Liquidmetal Technologies  (OTCPK:LQMT) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Liquidmetal Technologies's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

2. 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.

Liquidmetal Technologies's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Liquidmetal Technologies Days Inventory Related Terms

Thank you for viewing the detailed overview of Liquidmetal Technologies's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Liquidmetal Technologies (Liquidmetal Technologies) Business Description

Traded in Other Exchanges
N/A
Address
20321 Valencia Circle, Lake Forest, CA, USA, 92630
Liquidmetal Technologies Inc is a materials technology and manufacturing company that develops and commercializes products made from amorphous alloys. The alloys consist of a variety of proprietary bulk alloys and composites that utilize the advantages offered by amorphous alloy technology. Its product application spreads across various industries which include aerospace components, defense parts, medical devices, sporting goods, leisure products, automotive components, and industrial machines.
Executives
Tony Chung officer: Vice President of Finance 25800 COMMERCENTRE DRIVE, SUITE 100, LAKE FOREST CA 92630
Bryce Van officer: Vice President of Finance LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Paul A Hauck officer: VP-Worldwide Sales & Marketing 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Isaac Bresnick director C/O LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Vincent Carrubba director C/O LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Lugee Li Yeung Tak director, 10 percent owner 8 FLEMING ROAD, ROOM 906, TAI TUNG BUILDING, WANCHAI K3 999077
Liquidmetal Technology Ltd 10 percent owner 8 FLEMING ROAD, ROOM 906, TAI TUNG BUILDING, WANCHAI K3 999077
Walter Eugen Weyler director C/O LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Norden, Llc 10 percent owner 5641 NORTH BROADWAY, DENVER CO 80216
Thomas W Steipp director, officer: President and CEO
Mark S Hansen director 4551 W 107TH STREET, SUITE 100, OVERLAND PARK KS 66207
Richard W Sevcik director C/O LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Bruce Bromage officer: EVP-Business Development C/O LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Robert Howard Anderson director
Barney D Visser 10 percent owner

Liquidmetal Technologies (Liquidmetal Technologies) Headlines

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