Lok'n Store Group (LSE:LOK) Total Inventories : £0.13 Mil (As of Jan. 2024)

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What is Lok'n Store Group Total Inventories?

Lok'n Store Group's total inventories for the quarter that ended in Jan. 2024 was £0.13 Mil. Lok'n Store Group's average total inventories from the quarter that ended in Jul. 2023 to the quarter that ended in Jan. 2024 was £0.14 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Lok'n Store Group's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was £-3.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lok'n Store Group's Days Inventory for the six months ended in Jan. 2024 was 8.62.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lok'n Store Group's Inventory Turnover for the quarter that ended in Jan. 2024 was 21.17.

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. Lok'n Store Group's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.01.

Lok'n Store Group Total Inventories Historical Data

The historical data trend for Lok'n Store Group'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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Lok'n Store Group Total Inventories Chart

Lok'n Store Group Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Total Inventories

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0.30

0.27

0.29

0.14

0.15

Lok'n Store Group Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Total Inventories	Get a 7-Day Free Trial															0.25	0.14	0.13	0.15	0.13

Lok'n Store Group 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.

Lok'n Store Group (LSE:LOK) 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.

Lok'n Store Group's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is

	Net-Net Working Capital Per Share (Q: Jan. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(14.975	+	0.75 * 1.293	+	0.5 * 0.131	-	132.969
-	0	-	0)	/	32.2719
=	-3.62

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

Lok'n Store Group's Days Inventory for the six months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	0.138	/	2.921	*	365 / 2
	=	8.62

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

Lok'n Store Group's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jan. 2024 )	/	Average Total Inventories (Q: Jan. 2024 )
	=	2.921	/	0.138
	=	21.17

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.

Lok'n Store Group's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	0.138	/	14.168
	=	0.01

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.

Lok'n Store Group Total Inventories Related Terms

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Lok'n Store Group (LSE:LOK) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lok'n Store Group PLC (LSE:LOK) » Definitions » Total Inventories

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Address

112 Hawley Lane, Farnborough, Hampshire, GBR, GU14 8JE

Website

https://www.loknstore.co.uk

Lok'n Store Group PLC operates in the real estate industry based in the United Kingdom. Its business involves buying or leasing warehouses or industrial buildings and letting them out as self-storage units to its customers. Operating through the Self-Storage segments, the company caters to both households and business customers. Its self-storage segment accounts for the bulk of its operations with the provision of storage rooms, student storage, pallet storage, warehouse space, self-storage archiving, flexible office space, and multi-site business storage accounts.

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