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Mentor Graphics (Mentor Graphics) Total Inventories : $19 Mil (As of Jan. 2017)


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What is Mentor Graphics Total Inventories?

Mentor Graphics's total inventories for the quarter that ended in Jan. 2017 was $19 Mil. Mentor Graphics's average total inventories from the quarter that ended in Oct. 2016 to the quarter that ended in Jan. 2017 was $16 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Mentor Graphics's Net-Net Working Capital per share for the quarter that ended in Jan. 2017 was $-0.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mentor Graphics's Days Inventory for the three months ended in Jan. 2017 was 29.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mentor Graphics's Inventory Turnover for the quarter that ended in Jan. 2017 was 3.08.

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. Mentor Graphics's Inventory-to-Revenue for the quarter that ended in Jan. 2017 was 0.03.


Mentor Graphics Total Inventories Historical Data

The historical data trend for Mentor Graphics'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.

Mentor Graphics Total Inventories Chart

Mentor Graphics Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.04 25.12 22.51 24.76 18.58

Mentor Graphics Quarterly Data
Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17
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 24.76 24.90 17.85 14.28 18.58

Mentor Graphics 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.


Mentor Graphics  (NAS:MENT) 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.

Mentor Graphics's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2017 is

Net-Net Working Capital Per Share (Q: Jan. 2017 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(441.087+0.75 * 512.644+0.5 * 18.575-885.502
-0-0)/110.383
=-0.46

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

Mentor Graphics's Days Inventory for the three months ended in Jan. 2017 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2017 )/Cost of Goods Sold (Q: Jan. 2017 )*Days in Period
=16.4255/50.543*365 / 4
=29.65

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

Mentor Graphics's Inventory Turnover for the quarter that ended in Jan. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2017 ) / Average Total Inventories (Q: Jan. 2017 )
=50.543 / 16.4255
=3.08

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.

Mentor Graphics's Inventory to Revenue for the quarter that ended in Jan. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2017 ) / Revenue (Q: Jan. 2017 )
=16.4255 / 477.968
=0.03

* 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.


Mentor Graphics Total Inventories Related Terms

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Mentor Graphics (Mentor Graphics) Business Description

Traded in Other Exchanges
N/A
Address
Mentor Graphics is a provider of electronic design automation technology for software and hardware design solutions. It tailors its technologies for manufacturers in a variety of end markets, including communications, consumer electronics, military and aerospace, and transportation industries. Its products enable engineers to overcome complicated electronic design challenges by improving the accuracy of complex designs. The firm generates revenue primarily through licensing its software and hardware products to manufacturers. It derives roughly half of its revenue in North America, with the rest coming from Europe, Japan, and the Pacific Rim countries.
Executives
Cheryl L Shavers director 400 COLLINS ROAD NE, M/S 124-323, CEDAR RAPIDS IA 52498
Walden C Rhines director, officer: Chairman and CEO C/O TRIQUINT SEMICONDUCTOR INC, 2300 NE BROOKWOOD PKWY, HILLSBORO OR 97124
Jeffrey Stafeil director 1707 PADDINGTON CIRCLE, KESWICK VA 22947
J Daniel Mccranie director C/O ENOVIX CORPORATION, 3501 W. WARREN AVENUE, FREMONT CA 94538
Keith Barnes director 10100 N TANTAU AVE, CUPERTINO CA 95014-2540
Gregory K Hinckley officer: President C/OMENTOR GRAPHICS CORP, 8005 SW BOECKMAN ROAD, WILSONVILLE OR 97070-7777
Paul Anthony Mascarenas director 3850 HAMLIN ROAD, AUBURN HILLS MI 48326
Peter L Bonfield director C/OMENTOR GRAPHICS CORP, 8005 SW BOECKMAN ROAD, WILSONVILLE OR 97070-7777
Carl C Icahn other: NO LONGER SUBJECT TO SEC. 16 C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
David S. Schechter director C/O ICAHN CAPITAL LP, 767 FIFTH AVENUE, SUITE 4700, NEW YORK NY 10153
Jose Maria Alapont director 5725 DELPHI DRIVE, TROY MI 48098
Gary Meyers director
High River Limited Partnership 10 percent owner 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Icahn Partners Master Fund Ii L.p. 10 percent owner 445 HAMILTON AVENUE, SUITE 1210, WHITE PLAINS NY 10601
Icahn Partners Master Fund Iii L.p. 10 percent owner 445 HAMILTON AVENUE, SUITE 1210, WHITE PLAINS NY 10601

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