GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Super Micro Computer Inc (NAS:SMCI) » Definitions » Total Inventories

Super Micro Computer (Super Micro Computer) Total Inventories : $2,467 Mil (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Super Micro Computer Total Inventories?

Super Micro Computer's total inventories for the quarter that ended in Dec. 2023 was $2,467 Mil. Super Micro Computer's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $2,260 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Super Micro Computer's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $13.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Super Micro Computer's Days Inventory for the three months ended in Dec. 2023 was 66.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Super Micro Computer's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.37.

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. Super Micro Computer's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.62.


Super Micro Computer Total Inventories Historical Data

The historical data trend for Super Micro Computer'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.

Super Micro Computer Total Inventories Chart

Super Micro Computer Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 670.19 851.50 1,040.96 1,545.61 1,445.56

Super Micro Computer Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,421.82 1,540.42 1,445.56 2,052.81 2,467.00

Super Micro Computer 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.


Super Micro Computer  (NAS:SMCI) 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.

Super Micro Computer'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)
=(725.66+0.75 * 1502.971+0.5 * 2466.997-2327.926
-0-0.164)/55.9173
=13.56

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

Super Micro Computer'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
=2259.901/3100.602*365 / 4
=66.51

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

Super Micro Computer'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 )
=3100.602 / 2259.901
=1.37

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.

Super Micro Computer'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 )
=2259.901 / 3664.924
=0.62

* 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.


Super Micro Computer Total Inventories Related Terms

Thank you for viewing the detailed overview of Super Micro Computer's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Super Micro Computer (Super Micro Computer) Business Description

Traded in Other Exchanges
Address
980 Rock Avenue, San Jose, CA, USA, 95131
Super Micro Computer Inc provides high-performance server technology services to cloud computing, data center, Big Data, high-performance computing, and "Internet of Things" embedded markets. Its solutions include server, storage, blade and workstations to full racks, networking devices, and server management software. The firm follows a modular architectural approach, which provides flexibility to deliver customized solutions. The Company operates in one operating segment that develops and provides high-performance server solutions based upon an innovative, modular and open-standard architecture. More than half of the firm's revenue is generated in the United States, with the rest coming from Europe, Asia, and other regions.
Executives
Daniel W Fairfax director 1421 MCCARTHY BLVD., MILPITAS CA 95035
Robert L Blair director 48401 FREMONT BLVD, FREMONT CA 94538
Liu Liang Chiu-chu Sara director, 10 percent owner, officer: Senior VP and Treasurer 980 ROCK AVE, SAN JOSE CA 95131
Charles Liang director, 10 percent owner, officer: President and CEO SUPER MICRO COMPUTER, INC., 980 ROCK AVE, SAN JOSE CA 95131
Sherman Tuan director C/O ABOVENET COMMUNICATIONS INC, 50 W SAN FERNANDO STREET, SAN JOSE CA 95113
David E Weigand officer: SVP, CHIEF COMPLIANCE OFFICER 980 ROCK AVENUE, SAN JOSE CA 95131
George Kao officer: SVP, OPERATIONS 980 ROCK AVENUE, SAN JOSE CA 95131
Shiu Leung Chan director 48401 FREMONT BLVD, FREMONT CA 94538
Don W Clegg officer: SVP, Worldwide Sales 980 ROCK AVENUE, SAN JOSE CA 95131
Judy L. Lin director 980 ROCK AVENUE, SAN JOSE CA 95131
Tally C Liu director 50 W SAN FERNANDO ST 15TH FLR, SAN JOSE CA 95113
Hwei-ming Fred Tsai director 980 ROCK AVE, SAN JOSE CA 95131
Kevin S Bauer officer: Chief Financial Officer 980 ROCK AVE., SAN JOSE CA 95131
Cheng-hsien Phidias Chou officer: VP Worldwide Sales 980 ROCK AVENUE, SAN JOSE CA 95131
Howard Hideshima officer: Chief Financial Officer 980 ROCK AVENUE, SAN JOSE CA 95131