LifeQuest World (LifeQuest World) Total Inventories : $0.26 Mil (As of May. 2009)

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

What is LifeQuest World Total Inventories?

LifeQuest World's total inventories for the quarter that ended in May. 2009 was $0.26 Mil. LifeQuest World's average total inventories from the quarter that ended in May. 2008 to the quarter that ended in May. 2009 was $0.27 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. LifeQuest World's Net-Net Working Capital per share for the quarter that ended in May. 2009 was $-10.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. LifeQuest World's Days Inventory for the six months ended in May. 2009 was 252.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. LifeQuest World's Inventory Turnover for the quarter that ended in May. 2009 was 0.72.

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. LifeQuest World's Inventory-to-Revenue for the quarter that ended in May. 2009 was 0.35.

LifeQuest World Total Inventories Historical Data

The historical data trend for LifeQuest World'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.

LifeQuest World Total Inventories Chart

LifeQuest World Annual Data

Trend

May00

May01

May02

May03

May04

May05

May06

May07

May08

May09

Total Inventories

Get a 7-Day Free Trial

0.10

0.06

0.28

0.26

LifeQuest World Semi-Annual Data
	May99	May00	May01	May02	May03	May04	May05	May06	May07	May08	May09
Total Inventories	Get a 7-Day Free Trial						0.10	0.06	0.06	0.28	0.26

LifeQuest World 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.

LifeQuest World (OTCPK:LQWC) 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.

LifeQuest World's Net-Net Working Capital Per Share for the quarter that ended in May. 2009 is

	Net-Net Working Capital Per Share (Q: May. 2009 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0	+	0.75 * 0.024	+	0.5 * 0.256	-	2.629
-	0.01	-	0)	/	0.24531
=	-10.16

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

LifeQuest World's Days Inventory for the six months ended in May. 2009 is calculated as:

Days Inventory	=	Average Total Inventories (Q: May. 2009 )	/	Cost of Goods Sold (Q: May. 2009 )	*	Days in Period
	=	0.267	/	0.193	*	365 / 2
	=	252.47

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

LifeQuest World's Inventory Turnover for the quarter that ended in May. 2009 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: May. 2009 )	/	Average Total Inventories (Q: May. 2009 )
	=	0.193	/	0.267
	=	0.72

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.

LifeQuest World's Inventory to Revenue for the quarter that ended in May. 2009 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: May. 2009 )	/	Revenue (Q: May. 2009 )
	=	0.267	/	0.77
	=	0.35

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.

LifeQuest World Total Inventories Related Terms

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

LifeQuest World (LifeQuest World) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LifeQuest World Corp (OTCPK:LQWC) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Challenger Road, 8th Floor, Ridgefield Park, NJ, USA, 07660

Website

https://www.lifequestcorp.com

LifeQuest World Corp is a technology leader in low-cost, low-maintenance, eco-friendly, decentralized wastewater treatment. It intends to rapidly add solutions for the treatment of effluents. The company markets the following products namely BioPipe; Abrimix water treatment technology is capable of treating industrial wastewater and Goslyn is a patented fat, oil, and grease recovery device used in restaurants, hotels, and industrial kitchens.

Executives

Anthony Carl Jurak	director, 10 percent owner, officer: CEO	297 MARIN ST, SAINTE ADELE QUEBEC A1 J8B2P8
Roger Theriault	director, officer: President	1181 GRIER DR., SUITE C, LAS VEGAS NV 89119
Maria Jose Guedes	officer: V.P. of Operations/Asst. Secy.	1181 GRIER DR., SUITE C, LAS VEGAS NV 89119