TiVo (ROVI) Total Inventories

: $2.9 Mil (As of Mar. 2020)

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TiVo's total inventories for the quarter that ended in Mar. 2020 was $2.9 Mil. TiVo's average total inventories from the quarter that ended in Dec. 2019 to the quarter that ended in Mar. 2020 was $3.1 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. TiVo's Net-Net Working Capital per share for the quarter that ended in Mar. 2020 was $N/A.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TiVo's Days Inventory for the three months ended in Mar. 2020 was 6.61.

Inventory Turnover measures how fast the company turns over its inventory within a year. TiVo's Inventory Turnover for the quarter that ended in Mar. 2020 was 13.81.

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. TiVo's Inventory-to-Revenue for the quarter that ended in Mar. 2020 was 0.02.

TiVo Total Inventories Historical Data

The historical data trend for TiVo'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.

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TiVo Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Total Inventories

0.46

13.19

11.58

7.45

3.20

TiVo Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20
Total Inventories																6.15	3.78	3.06	3.20	2.94

TiVo 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.

TiVo (NAS:ROVI) 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.

TiVo's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2020 is

	Net-Net Working Capital Per Share (Q: Mar. 2020 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(108.519	+	0.75 * 164.618	+	0.5 * 2.944	-	962.04
-	0	-	0)	/	0
=	N/A

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

TiVo's Days Inventory for the three months ended in Mar. 2020 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2020 )	/	Cost of Goods Sold (Q: Mar. 2020 )	*	Days in Period
	=	3.0705	/	42.418	*	365 / 4
	=	6.61

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

TiVo's Inventory Turnover for the quarter that ended in Mar. 2020 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2020 )	/	Average Total Inventories (Q: Mar. 2020 )
	=	42.418	/	3.0705
	=	13.81

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.

TiVo's Inventory to Revenue for the quarter that ended in Mar. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2020 )	/	Revenue (Q: Mar. 2020 )
	=	3.0705	/	159.861
	=	0.02

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.

TiVo Total Inventories Related Terms

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TiVo (ROVI) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

2160 Gold Street, San Jose, CA, USA, 95002

Website

http://www.tivo.com

TiVo Corp is engaged in media and entertainment products. It provides a broad set of cloud-based services, embedded software solutions and intellectual property that enable people to find and enjoy online video, television programming, movies and music entertainment. In addition, it also offers advanced media and advertising solutions, including viewership data, audience insights and advertising and programming promotion optimization, which enable advanced audience targeting in linear television advertising. The group solutions are sold globally to cable, satellite, and telecommunications pay-TV service providers, virtual service providers, content and new media companies and advertisers. Geographically its presence is seen in US and other international markets.