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Anadigics (Anadigics) Total Inventories : $7.23 Mil (As of Dec. 2015)


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What is Anadigics Total Inventories?

Anadigics's total inventories for the quarter that ended in Dec. 2015 was $7.23 Mil. Anadigics's average total inventories from the quarter that ended in Sep. 2015 to the quarter that ended in Dec. 2015 was $7.68 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Anadigics's Net-Net Working Capital per share for the quarter that ended in Dec. 2015 was $0.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Anadigics's Days Inventory for the three months ended in Dec. 2015 was 68.53.

Inventory Turnover measures how fast the company turns over its inventory within a year. Anadigics's Inventory Turnover for the quarter that ended in Dec. 2015 was 1.33.

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. Anadigics's Inventory-to-Revenue for the quarter that ended in Dec. 2015 was 0.62.


Anadigics Total Inventories Historical Data

The historical data trend for Anadigics'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.

Anadigics Total Inventories Chart

Anadigics Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.73 18.84 21.11 13.84 7.23

Anadigics Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
Total Inventories 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 13.84 11.46 9.73 8.13 7.23

Anadigics 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.


Anadigics  (NAS:ANAD) 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.

Anadigics's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2015 is

Net-Net Working Capital Per Share (Q: Dec. 2015 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.966+0.75 * 5.027+0.5 * 7.227-9.389
-0-0)/88.8349
=0.06

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

Anadigics's Days Inventory for the three months ended in Dec. 2015 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2015 )/Cost of Goods Sold (Q: Dec. 2015 )*Days in Period
=7.6775/10.223*365 / 4
=68.53

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

Anadigics's Inventory Turnover for the quarter that ended in Dec. 2015 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2015 ) / Average Total Inventories (Q: Dec. 2015 )
=10.223 / 7.6775
=1.33

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.

Anadigics's Inventory to Revenue for the quarter that ended in Dec. 2015 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2015 ) / Revenue (Q: Dec. 2015 )
=7.6775 / 12.287
=0.62

* 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

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.


Anadigics Total Inventories Related Terms

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Anadigics (Anadigics) Business Description

Traded in Other Exchanges
N/A
Address
Anadigics Inc was incorporated in the state of Delaware in 1984. The Company designs and manufactures radio frequency semiconductor solutions for cellular, WiFi, wireless infrastructure and CATV applications. It also design, develop and manufacture RFICs using GaAs compound semiconductor substrates with various process technologies, MESFET, pHEMT and HBT. The Company is focused on enabling communications connectivity with RF solutions that offer greater performance and integration to enhance the user's experience. It is a customer-centric organization that works closely with equipment manufacturers, such as OEMs and ODMs. Its product portfolio includes power amplifiers, FEICs, FEMs and line amplifiers. Its products are optimized for wireless and infrastructure communications applications including; its cellular power amplifiers and FEMs enable mobile handsets, smartphones, tablets, notebooks, datacards, automotive, M2M, and industrial devices to access 3G and 4G wireless networks. These networks operate on international standards, such as LTE, HSPA, WCDMA, EVDO, CDMA, and WiMAX; its WiFi FEICs and power amplifiers enable wireless LAN connectivity for mobile, multimedia and infrastructure devices, including smartphones, tablets, notebooks, televisions, set-top boxes, modems, routers, and access points. These solutions are optimized for the latest WiFi standards, including 802.11ac and 802.11n; and its infrastructure solutions include both wireless infrastructure and CATV products; wireless infrastructure power amplifiers enable 3G and 4G small-cell base stations, and CATV line amplifiers and other RF products provide the critical link in CATV network infrastructure devices, as well as set-top boxes and cable modems. The Company's product line includes as per market; its Cellular product line includes power amplifier modules for CDMA/EVDO, GSM/EDGE, WCDMA/HSPA, LTE and other wireless technologies for mobile handsets and data device; its WiFi products include power amplifiers and front-end ICs for mobile handsets, data devices, entertainment devices, routers, access points and base stations; and its Infrastructure product line encompasses video, voice and data telecommunications systems, consisting of CATV, and Wireless Infrastructure applications. Its products are sold mainly to direct customers. Additionally it uses independent manufacturers' representatives and distributors for direct sales and customer support efforts. GaAs wafers, HBT/pHEMT epitaxial wafers, passive components, other raw materials, and equipment used in the production of ICs are available from a limited number of sources. It competes with companies including Avago Technologies Limited, RF Micro Devices, Inc., Skyworks Solutions, Inc. and TriQuint Semiconductor, Inc. The Company's operations are subject to federal, state and local environmental laws, regulations and ordinances.
Executives
Richard B Kelson director MEADWESTVACO CORPORATION, ONE HIGH RIDGE PARK, STAMFORD CT 06905
Dennis F Strigl director 140 WEST STREET, 29TH FLOOR, NEW YORK NY 10007
Lewis Solomon director
Mario Rivas other: Former President & CEO 141 MT. BETHEL ROAD, WARREN NJ 07059
Gilles Delfassy director ONSEMI C/O H. SPENCER, 5701 NORTH PIMA ROAD, SCOTTSDALE AZ 85250
Bami Bastani director, officer: CEO

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