LED iBond International A/S (OCSE:LEDIBOND) Total Inventories : kr2.57 Mil (As of Mar. 2024)

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What is LED iBond International A/S Total Inventories?

LED iBond International A/S's total inventories for the quarter that ended in Mar. 2024 was kr2.57 Mil. LED iBond International A/S's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was kr2.42 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. LED iBond International A/S's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was kr-0.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. LED iBond International A/S's Days Inventory for the three months ended in Mar. 2024 was 103.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. LED iBond International A/S's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.88.

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. LED iBond International A/S's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.25.

LED iBond International A/S Total Inventories Historical Data

The historical data trend for LED iBond International A/S'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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LED iBond International A/S Total Inventories Chart

LED iBond International A/S Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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4.42

4.07

3.90

2.65

2.27

LED iBond International A/S Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial															2.68	2.78	2.75	2.27	2.57

LED iBond International A/S 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.

LED iBond International A/S (OCSE:LEDIBOND) 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.

LED iBond International A/S's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1.388	+	0.75 * 0.936	+	0.5 * 2.574	-	19.172
-	0	-	0.01)	/	38.708
=	-0.41

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

LED iBond International A/S's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	2.4195	/	2.14	*	365 / 4
	=	103.17

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

LED iBond International A/S's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	2.14	/	2.4195
	=	0.88

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.

LED iBond International A/S's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	2.4195	/	1.941
	=	1.25

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.

LED iBond International A/S Total Inventories Related Terms

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LED iBond International A/S (OCSE:LEDIBOND) Business Description

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Address

Agern Alle 5A, Horsholm, DNK, 2970

Website

https://www.ledibond.com

LED iBond International A/S is a Danish technology company that offers solutions for integrating light and data, based on its deep knowledge of modern LED technology and many years of development. The patented technology includes the lightest and thinnest LED, offering a value proposition combining total design flexibility, full IoT integration, and low total costs of ownership. Its technology has been deployed in many projects, ranging from intelligent shelf lighting to large-scale indoor illumination projects such as the installation of 3.2 kilometers of Tracy, the company's flagship product, at DTU, the Technical University of Denmark.

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