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Broadcom (Broadcom) Total Inventories : $552 Mil (As of Sep. 2015)


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What is Broadcom Total Inventories?

Broadcom's total inventories for the quarter that ended in Sep. 2015 was $552 Mil. Broadcom's average total inventories from the quarter that ended in Jun. 2015 to the quarter that ended in Sep. 2015 was $582 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Broadcom's Net-Net Working Capital per share for the quarter that ended in Sep. 2015 was $2.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Broadcom's Days Inventory for the three months ended in Sep. 2015 was 52.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. Broadcom's Inventory Turnover for the quarter that ended in Sep. 2015 was 1.74.

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. Broadcom's Inventory-to-Revenue for the quarter that ended in Sep. 2015 was 0.27.


Broadcom Total Inventories Historical Data

The historical data trend for Broadcom'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.

Broadcom Total Inventories Chart

Broadcom Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 597.96 421.00 527.00 525.00 531.00

Broadcom Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 624.00 531.00 630.00 612.00 552.00

Broadcom 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.


Broadcom  (NAS:BRCM) 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.

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

Net-Net Working Capital Per Share (Q: Sep. 2015 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3464+0.75 * 966+0.5 * 552-3246
-0-0)/609
=2.00

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

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

Days Inventory=Average Total Inventories (Q: Sep. 2015 )/Cost of Goods Sold (Q: Sep. 2015 )*Days in Period
=582/1015*365 / 4
=52.32

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

Broadcom's Inventory Turnover for the quarter that ended in Sep. 2015 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2015 ) / Average Total Inventories (Q: Sep. 2015 )
=1015 / 582
=1.74

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.

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

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2015 ) / Revenue (Q: Sep. 2015 )
=582 / 2187
=0.27

* 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.


Broadcom Total Inventories Related Terms

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Broadcom (Broadcom) Business Description

Traded in Other Exchanges
N/A
Address
Broadcom Corp was incorporated in California in August 16, 1991. The Company is provider of semiconductors for wired and wireless communications. It provides a portfolio of SoCs that seamlessly deliver voice, video, data and multimedia connectivity in the home, office and mobile environments. Its business segments include Broadband and Connectivity; and Infrastructure and Networking. The solutions in Broadband and Connectivity segment include set-top box solutions, broadband modem solutions, connectivity solutions, and a range of other technologies. Customer products incorporating its solutions in Broadband and Connectivity segment include set-top boxes, or STBs, central office broadband access equipment, residential gateways, stand-alone broadband access modems, and a range of consumer devices, including smartphones and tablets, wearable devices, PCs, laptops, access points, and others. It offers complete platform solutions for cable, satellite, Internet Protocol, over-the-top and terrestrial STBs. Its solutions in Infrastructure and Networking segment include Ethernet switches and PHYs, which includes switches and fabrics; copper and optical transceivers; backplane and optical front-end physical layer devices; processors (including multicore processors); and other Infrastructure and Networking technologies (including knowledge-based processors, VoIP solutions, microwave backhaul solutions and radio head digital front ends). It also offers a family of Ethernet controllers. Customer products incorporating its solutions in Infrastructure and Networking segment include service provider metro equipment; edge and core routers, wireless infrastructure and wireless access points; switches and routers; servers and workstations; network interface cards; LAN on motherboard applications; optical networks and dense wave division multiplexing applications; security appliances; storage controllers; microwave links for wireless backhaul; cellular remote radio heads; automobile Ethernet networks; point-of-sale equipment; and other embedded SoC subsystems. Its customers shipping wired and/or wireless communications equipment and devices incorporating its products include Alcatel-Lucent, Apple, Arris, Cisco, Huawei Technologies, Humax, Pace, Samsung, Technicolor, ZTE. Its trademark includes Broadcom and BroadR-Reach. The Company's competitors include Intel Corporation, Marvell Technology Group Ltd., Mediatek Inc., Qualcomm Incorporation, and STMicroelectronics NV with respect to Broadband and Connectivity segment; and Cavium, Inc., Freescale Semiconductor,Ltd., Intel Corporation, Marvell Technology Group Ltd., and Mellanox with respect to Infrastructure and Networking segment. The Company's production is subject to environmental rules and regulations.
Executives
Nancy H Handel director 567 SAN NICOLAS DRIVE, SUITE 360, NEWPORT BEACH CA 92660
Rajiv Ramaswami officer: Former EVP&GM, ING 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Robert J Finocchio director C/O ALTERA CORP 101 INNOVATION DRIVE SAN JOSE CA 95134
John E Major director C/O LENNOX INTERNATIONAL INC., 2140 LAKE PARK BOULEVARD, RICHARDSON TX 75080-2254
Michael E. Hurlston officer: Former EVP, Worldwide Sales 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Neil Y. Kim officer: Former EVP, Ops. & Central Eng MARVELL SEMICONDUCTOR, INC., 5488 MARVELL LANE, SANTA CLARA CA 95054
William T Morrow director 77 BEALE STREET, 32ND FLOOR, SAN FRANCISCO CA 94105
Robert E Switz director 13625 TECHNOLOGY DRIVE, EDEN PRAIRIE MN 55344
Maria Klawe director C/O MICROSOFT CORPORATION, ONE MICROSOFT WAY, REDMOND WA 98052-6399
Eric Brandt officer: Former EVP & CFO C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Nancy R Phillips officer: Former EVP, Human Resources 1515 BROADWAY, NEW YORK NY 10036
Eddy W Hartenstein director
Henry Samueli director, officer: Chairman of the Board and CTO 5300 CALIFORNIA AVENUE, IRVINE CA 92617-3038
Scott A Mcgregor director, officer: Former President & CEO 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Robert A. Rango officer: EVP & GM, Mobile&Wireless Grp 5300 CALIFORNIA AVENUE, IRVINE CA 92617

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