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OmniVision Technologies (OmniVision Technologies) Total Inventories : $331 Mil (As of Oct. 2015)


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What is OmniVision Technologies Total Inventories?

OmniVision Technologies's total inventories for the quarter that ended in Oct. 2015 was $331 Mil. OmniVision Technologies's average total inventories from the quarter that ended in Jul. 2015 to the quarter that ended in Oct. 2015 was $326 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. OmniVision Technologies's Net-Net Working Capital per share for the quarter that ended in Oct. 2015 was $9.95.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. OmniVision Technologies's Days Inventory for the three months ended in Oct. 2015 was 110.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. OmniVision Technologies's Inventory Turnover for the quarter that ended in Oct. 2015 was 0.82.

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. OmniVision Technologies's Inventory-to-Revenue for the quarter that ended in Oct. 2015 was 0.95.


OmniVision Technologies Total Inventories Historical Data

The historical data trend for OmniVision 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.

OmniVision Technologies Total Inventories Chart

OmniVision Technologies Annual Data
Trend Apr06 Apr07 Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 106.87 291.34 430.32 270.94 343.97

OmniVision Technologies Quarterly Data
Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15
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 340.04 366.38 343.97 320.60 331.03

OmniVision 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.


OmniVision Technologies  (NAS:OVTI) 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.

OmniVision Technologies's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2015 is

Net-Net Working Capital Per Share (Q: Oct. 2015 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(613.483+0.75 * 159.698+0.5 * 331.032-305.123
-0-0)/59.637
=9.95

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

OmniVision Technologies's Days Inventory for the three months ended in Oct. 2015 is calculated as:

Days Inventory=Average Total Inventories (Q: Oct. 2015 )/Cost of Goods Sold (Q: Oct. 2015 )*Days in Period
=325.815/268.076*365 / 4
=110.90

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

OmniVision Technologies's Inventory Turnover for the quarter that ended in Oct. 2015 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Oct. 2015 ) / Average Total Inventories (Q: Oct. 2015 )
=268.076 / 325.815
=0.82

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.

OmniVision Technologies's Inventory to Revenue for the quarter that ended in Oct. 2015 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Oct. 2015 ) / Revenue (Q: Oct. 2015 )
=325.815 / 343.136
=0.95

* 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.


OmniVision Technologies Total Inventories Related Terms

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OmniVision Technologies (OmniVision Technologies) Business Description

Traded in Other Exchanges
N/A
Address
OmniVision Technologies Inc is a Delaware corporation, incorporated in May 1995 in California, and reincorporated in Delaware in March 2000. The Company designs, develops and markets high-performance, highly integrated and cost-efficient semiconductor image-sensor devices. Its products include image-sensing devices namely CameraChip image sensors. Its image sensors capture an image electronically and are used in a number of consumer and commercial mass-market applications. Its CameraChip image sensors are manufactured using the complementary metal oxide semiconductor, or CMOS, fabrication process and are predominantly single-chip solutions that integrate several distinct functions including image capture, image processing, color processing, signal conversion and output of a fully processed image or video stream. It sells directly to OEMs and VARs and indirectly through distributors. OEMs include branded camera device manufacturers and contract manufacturers. The Company sells its products through a direct sales force and indirectly through distributors. It relies on a combination of patents, copyrights, trademarks and trade secrets, as well as nondisclosure agreements and other methods, to protect various aspects of its CameraChip and CameraCubeChip image sensors. Its competitors include ON Semiconductor, Samsung, Sharp, Sony, STMicroelectronics and Toshiba.
Executives
Dwight Steffensen director

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