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NAPCO Security Technologies (NAPCO Security Technologies) Total Inventories

: $39.3 Mil (As of Dec. 2023)
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NAPCO Security Technologies's total inventories for the quarter that ended in Dec. 2023 was $39.3 Mil. NAPCO Security Technologies's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $38.1 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. NAPCO Security Technologies's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $2.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NAPCO Security Technologies's Days Inventory for the three months ended in Dec. 2023 was 154.40.

Inventory Turnover measures how fast the company turns over its inventory within a year. NAPCO Security Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.59.

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. NAPCO Security Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.80.


NAPCO Security Technologies Total Inventories Historical Data

The historical data trend for NAPCO Security Technologies'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.

NAPCO Security Technologies Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Inventories
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.58 34.73 24.93 40.78 35.06

NAPCO Security Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories 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 Premium Member Only Premium Member Only Premium Member Only 48.66 46.92 35.06 36.95 39.32

NAPCO Security Technologies 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.


NAPCO Security Technologies  (NAS:NSSC) 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.

NAPCO Security Technologies's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(78.967+0.75 * 27.552+0.5 * 39.316-27.894
-0-0)/36.782
=2.48

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

NAPCO Security Technologies's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=38.131/22.535*365 / 4
=154.40

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

NAPCO Security Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=22.535 / 38.131
=0.59

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.

NAPCO Security Technologies's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=38.131 / 47.547
=0.80

* 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.


NAPCO Security Technologies Total Inventories Related Terms

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NAPCO Security Technologies (NAPCO Security Technologies) Business Description

Traded in Other Exchanges
Address
333 Bayview Avenue, Amityville, NY, USA, 11701
NAPCO Security Technologies Inc manufactures security products, encompassing access control systems, door-locking products, intrusion and fire alarm systems and video surveillance products. Its products are used for various applications which includes alarm systems like automatic communicators, combination control panels/digital communicators and digital keypad systems, fire alarm control panel and area detectors mainly used for commercial, residential, institutional, industrial and governmental uses.
Executives
Paul Stephen Beeber director 333 BAYVIEW AVENUE, AMITYVILLE NY 11701
Kevin S Buchel director, officer: Senior Vice President 333 BAYVIEW AVE, AMITYVILLE NY 11701
Richard Soloway director, 10 percent owner, officer: President and Secretary 333 BAYVIEW AVENUE, AMITYVILLE NY 11701
David Alexander Paterson director 333 BAYVIEW AVENUE, AMITYVILLE NY 11701
Michael Carrieri officer: Sr.Vice President, Engineering
Rick A Lazio director
Jorge Hevia officer: Senior Vice President
Stephen M Spinelli officer: Senior VP of Sales 333 BAYVIEW AVENUE, AMITYVILLE NY 11701
Robert A Ungar director 333 BAYVIEW AVENUE, AMITYVILLE NY 11701
Andrew Wilder director 333 BAYVIEW AVE, AMITYVILLE NY 11701
Randy B Blauskin director 333 BAYVIEW AVENUE, AMITYVILLE NY 11757
George Marks officer: Pres. of Marks USA-Sub of NSSC 322 BALTRUSTROL CIRCLE, NORTH HILLS NY 11576
Donna Anne Soloway director 333 BAYVIEW AVENUE, AMITYVILLE, NY 11701
Cannell Capital Llc 10 percent owner 245 MERIWETHER CIRCLE, ALTA WY 83414
William G Lorber officer: Vice President 355 BAYVIEW AVENUE, AMITYVILLE NY 11701

NAPCO Security Technologies (NAPCO Security Technologies) Headlines

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