Brite-Strike Tactical Illumination Products (Brite-Strike Tactical Illumination Products) Total Inventories : $0.03 Mil (As of Sep. 2023)

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What is Brite-Strike Tactical Illumination Products Total Inventories?

Brite-Strike Tactical Illumination Products's total inventories for the quarter that ended in Sep. 2023 was $0.03 Mil. Brite-Strike Tactical Illumination Products's average total inventories from the quarter that ended in Dec. 2015 to the quarter that ended in Sep. 2023 was $0.10 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Brite-Strike Tactical Illumination Products's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Brite-Strike Tactical Illumination Products's Days Inventory for the three months ended in Sep. 2023 was 921.63.

Inventory Turnover measures how fast the company turns over its inventory within a year. Brite-Strike Tactical Illumination Products's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.10.

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. Brite-Strike Tactical Illumination Products's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 3.74.

Brite-Strike Tactical Illumination Products Total Inventories Historical Data

The historical data trend for Brite-Strike Tactical Illumination Products'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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Brite-Strike Tactical Illumination Products Total Inventories Chart

Brite-Strike Tactical Illumination Products Annual Data

Trend

Dec96

Dec12

Dec13

Dec14

Dec15

Total Inventories

2.60

0.22

0.30

0.24

0.17

Brite-Strike Tactical Illumination Products Quarterly Data
	Mar96	Jun96	Sep96	Dec96	Mar97	Jun97	Sep97	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Dec14	Mar15	Jun15	Sep15	Dec15	Sep23
Total Inventories	Get a 7-Day Free Trial															0.15	0.20	0.18	0.17	0.03

Brite-Strike Tactical Illumination Products 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.

Brite-Strike Tactical Illumination Products (OTCPK:BSTK) 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.

Brite-Strike Tactical Illumination Products's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

	Net-Net Working Capital Per Share (Q: Sep. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.014	+	0.75 * 0.023	+	0.5 * 0.028	-	0.177
-	0	-	0)	/	72.5501
=	-0.00

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

Brite-Strike Tactical Illumination Products's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	0.101	/	0.01	*	365 / 4
	=	921.63

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

Brite-Strike Tactical Illumination Products's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2023 )	/	Average Total Inventories (Q: Sep. 2023 )
	=	0.01	/	0.101
	=	0.10

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.

Brite-Strike Tactical Illumination Products's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	0.101	/	0.027
	=	3.74

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.

Brite-Strike Tactical Illumination Products Total Inventories Related Terms

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Brite-Strike Tactical Illumination Products (Brite-Strike Tactical Illumination Products) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Brite-Strike Tactical Illumination Products Inc (OTCPK:BSTK) » Definitions » Total Inventories

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Traded in Other Exchanges

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Address

1145 Franklin Street, Duxbury, MA, USA, 02332

Website

https://www.brite-strike.com

Brite-Strike Tactical Illumination Products Inc is a United States-based company engaged in designing and manufacturing tactical flashlights with Digital Power Management chip technology. The company's products are used as a non-lethal means of defense for law enforcement, the military, and safety-minded citizens. Its products are used in the police and military industry, outdoor adventures, water sports, fishing, flashlights, hunting, and citizen safety, and also provides related accessories.

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