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Sirona Dental Systems (Sirona Dental Systems) Total Inventories : $132 Mil (As of Dec. 2015)


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What is Sirona Dental Systems Total Inventories?

Sirona Dental Systems's total inventories for the quarter that ended in Dec. 2015 was $132 Mil. Sirona Dental Systems's average total inventories from the quarter that ended in Sep. 2015 to the quarter that ended in Dec. 2015 was $131 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sirona Dental Systems's Net-Net Working Capital per share for the quarter that ended in Dec. 2015 was $3.33.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sirona Dental Systems's Days Inventory for the three months ended in Dec. 2015 was 91.57.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sirona Dental Systems's Inventory Turnover for the quarter that ended in Dec. 2015 was 1.00.

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. Sirona Dental Systems's Inventory-to-Revenue for the quarter that ended in Dec. 2015 was 0.43.


Sirona Dental Systems Total Inventories Historical Data

The historical data trend for Sirona Dental Systems'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.

Sirona Dental Systems Total Inventories Chart

Sirona Dental Systems Annual Data
Trend Mar06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.03 81.01 109.20 123.40 129.40

Sirona Dental Systems Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 125.90 126.40 132.40 129.40 131.90

Sirona Dental Systems 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.


Sirona Dental Systems  (NAS:SIRO) 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.

Sirona Dental Systems's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2015 is

Net-Net Working Capital Per Share (Q: Dec. 2015 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(485+0.75 * 192.9+0.5 * 131.9-506.1
-0-3.1)/55.9436
=3.33

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

Sirona Dental Systems's Days Inventory for the three months ended in Dec. 2015 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2015 )/Cost of Goods Sold (Q: Dec. 2015 )*Days in Period
=130.65/130.2*365 / 4
=91.57

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

Sirona Dental Systems's Inventory Turnover for the quarter that ended in Dec. 2015 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2015 ) / Average Total Inventories (Q: Dec. 2015 )
=130.2 / 130.65
=1.00

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.

Sirona Dental Systems's Inventory to Revenue for the quarter that ended in Dec. 2015 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2015 ) / Revenue (Q: Dec. 2015 )
=130.65 / 304.2
=0.43

* 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.


Sirona Dental Systems Total Inventories Related Terms

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Sirona Dental Systems (Sirona Dental Systems) Business Description

Traded in Other Exchanges
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Address
Sirona Dental Systems Inc was founded in 1997 and completed an initial public offering of its common stock on July 1, 1997. The Company is a manufacturer of high-quality, dental equipment, and is engaged in developing, manufacturing and marketing solutions for dentists around the world. The Company provides products in each of its four product segments: Dental CAD/CAM Systems; Imaging Systems; Treatment Centers; and Instruments. The Company markets its products globally to dental practices, clinics and laboratories through an international network of distributors. The dental market encompasses the diagnosis, treatment and prevention of disease and ailments of the teeth, gums and supporting bone. Recent technological advancements in the dental equipment industry include 3D radiography, digital radiography, CAD/CAM technology, intra oral cameras and periodontal instruments. The market it serves comprises the whole working environment of a dentist or dental technician, including the dentist's chair, lights, imaging systems and dental CAD/CAM systems, instruments, as well as practice furniture and other dental or lab-based systems. Dental CAD/CAM Systems address the market for dental restorations, which includes several types of restorations, such as inlays, onlays, veneers, crowns, bridges, copings and bridge frameworks made from ceramic, metal or composite blocks. The Company has developed a range of imaging systems for 2D and 3D, panoramic and intra-oral applications that allow the dentist to accommodate the patient in a more efficient manner. Treatment Centers comprise products from basic dentist chairs to sophisticated chair-based units with integrated diagnostic, hygiene and ergonomic functionalities, as well as specialist centers used in preventative treatment and for training purposes. In July 2008, the Company launched its new TENEO Treatment Center, which combines technology with a timeless design that provides both patient and dentist with the ultimate in convenience and comfort. The Company offers a range of instruments, including handheld and power-operated handpieces for cavity preparation, endodontics, periodontology and prophylaxis. The instruments are supplemented by multi-function tips, supply and suction hoses, as well as care and hygiene systems for instrument preparation. Its product information is actively made available to business publications, dentists, journals, professional organizations and dental schools, and its website. Sirona distributes its products globally to dental practices, clinics and laboratories through an international network of more than 480 distributors. The Companys registered trademarks include, Sirona, CEREC, Orthophos, Heliodent, inLab, CDR, and Schick. It competes with different companies which include international companies as well as smaller companies that compete regionally or on a narrower product line. The Company is subject to government regulations applicable to all businesses
Executives
Kraemer Harry M Jansen Jr director DENTSPLY SIRONA INC., 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Arthur D Kowaloff director DENTSPLY SIRONA INC., 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Walter Petersohn officer: Executive VP of Sales C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
David Beecken director DENTSPLY SIRONA INC, 221 W PHILADELPHIA ST, SUITE 60W, YORK PA 17401-2991
Thomas Jetter director DENTSPLY SIRONA INC, 221 W PHILADELPHIA ST, SUITE 60W, YORK PA 17401-2991
Ulrich Michel officer: CFO and Exec. Vice President CHAUSEE DE WAVRE, 1789, CARE OF WABCO HOLDINGS INC, BRUSSELS C9 1160
Rainer Berthan officer: Executive VP C/O SIRONA DENTAL SYSTEMS, INC., FABRIKSTRASSE, BENSHEIM 2M 31D-64625
Jeffrey Slovin director, officer: Chief Executive Officer DENTSPLY SIRONA INC., 30-30 47TH AVE, SUITE 500, LONG ISLAND CITY NY 11101
Jonathan I Friedman officer: General Counsel and Secretary DENTSPLY SIRONA INC., 30-30 47TH AVENUE, SUITE 500, LONG ISLAND CITY NY 11101
Timothy P Sullivan director THREE FIRST NATIONAL PLZ, SUITE 3800, CHICAGO IL 60602
Simone Blank director, officer: Executive VP and CFO C/O SIRONA, WASSERFELDSTRASSE 30 A-5020, SALZBURG C4 5020
Nicholas W Alexos director C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Stephen Rosenberg 10 percent owner 1004 FARNAM STREET, SUITE 400, OMAHA NE 68102
Uri Landesman director 230 PARK AVENUE, NEW YORK NY 10169

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