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Verint Systems (Verint Systems) Total Inventories : $14.2 Mil (As of Jan. 2024)


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What is Verint Systems Total Inventories?

Verint Systems's total inventories for the quarter that ended in Jan. 2024 was $14.2 Mil. Verint Systems's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Jan. 2024 was $13.6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Verint Systems's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-16.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Verint Systems's Days Inventory for the three months ended in Jan. 2024 was 16.74.

Inventory Turnover measures how fast the company turns over its inventory within a year. Verint Systems's Inventory Turnover for the quarter that ended in Jan. 2024 was 5.45.

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. Verint Systems's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.05.


Verint Systems Total Inventories Historical Data

The historical data trend for Verint 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.

Verint Systems Total Inventories Chart

Verint Systems Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.50 5.54 5.34 12.63 14.21

Verint Systems Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 12.63 13.55 15.76 13.04 14.21

Verint 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.


Verint Systems  (NAS:VRNT) 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.

Verint Systems's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is

Net-Net Working Capital Per Share (Q: Jan. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(242.086+0.75 * 190.461+0.5 * 14.209-957.437
-436.321-2.617)/62.738
=-16.01

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

Verint Systems's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=13.6255/74.295*365 / 4
=16.74

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

Verint Systems's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2024 ) / Average Total Inventories (Q: Jan. 2024 )
=74.295 / 13.6255
=5.45

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.

Verint Systems's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=13.6255 / 265.109
=0.05

* 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.


Verint Systems Total Inventories Related Terms

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Verint Systems (Verint Systems) Business Description

Traded in Other Exchanges
Address
175 Broadhollow Road, Suite 100, Melville, NY, USA, 11747
Verint Systems Inc with its subsidiaries helps brands provide Boundless Customer Engagement. The company's solutions help iconic brands close the gap created when it lacks the resources required to deliver experiences that fulfill customer expectations. The operating business segments are Customer Engagement. Geographically, it derives a majority of its revenue from the United States.
Executives
Grant A Highlander officer: Chief Financial Officer C/O VERINT SYSTEMS INC., 175 BROADHOLLOW ROAD, SUITE 100, MELVILLE NY 11747
William Kurtz director NOVELLUS SYSTEMS, INC., 4000 NORTH FIRST STREET, SAN JOSE CA 95134
Elan Moriah officer: President, Contact Center Div.
Dan Bodner director, officer: President & CEO Verint Systems
Peter Fante officer: General Counsel
Richard N Nottenburg director 1303 EAST ALGONQUIN ROAD, SCHAUMBURG IL 60196
Yvette H Smith director 175 BROADHOLLOW ROAD, MELVILLE NY 11747
Douglas Robinson officer: Chief Financial Officer C/O VERINT SYSTEMS INC., 330 SOUTH SERVICE ROAD, MELVILLE NY 11747
John R Egan director 176 SOUTH ST., HOPKINTON MA 01748
Kristen Robinson director 2101 WEBSTER STREET #1650, OAKLAND CA 94612
French R Reid Jr director C/O INTERGRAPH CORP, 288 DUNLOP BLVD, HUNTSVILLE AL 35824
Linda M. Crawford director 3365 CLAY STREET, SAN FRANCISCO CA 94118
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