Exelis (FRA:6EX) Total Inventories : €213 Mil (As of Mar. 2015)

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

What is Exelis Total Inventories?

Exelis's total inventories for the quarter that ended in Mar. 2015 was €213 Mil. Exelis's average total inventories from the quarter that ended in Dec. 2014 to the quarter that ended in Mar. 2015 was €198 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Exelis's Net-Net Working Capital per share for the quarter that ended in Mar. 2015 was €-11.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Exelis's Days Inventory for the three months ended in Mar. 2015 was 34.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. Exelis's Inventory Turnover for the quarter that ended in Mar. 2015 was 2.67.

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. Exelis's Inventory-to-Revenue for the quarter that ended in Mar. 2015 was 0.27.

Exelis Total Inventories Historical Data

The historical data trend for Exelis'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.

Exelis Total Inventories Chart

Exelis Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Total Inventories

Get a 7-Day Free Trial

179.93

256.12

215.65

175.20

182.48

Exelis Quarterly Data
	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
Total Inventories	Get a 7-Day Free Trial															193.04	190.62	200.21	182.48	213.44

Exelis 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.

Exelis (FRA:6EX) 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.

Exelis's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2015 is

	Net-Net Working Capital Per Share (Q: Mar. 2015 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(442.596	+	0.75 * 788.172	+	0.5 * 213.444	-	3253.404
-	0	-	0)	/	187.7
=	-11.26

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

Exelis's Days Inventory for the three months ended in Mar. 2015 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2015 )	/	Cost of Goods Sold (Q: Mar. 2015 )	*	Days in Period
	=	197.9595	/	528.528	*	365 / 4
	=	34.18

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

Exelis's Inventory Turnover for the quarter that ended in Mar. 2015 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2015 )	/	Average Total Inventories (Q: Mar. 2015 )
	=	528.528	/	197.9595
	=	2.67

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.

Exelis's Inventory to Revenue for the quarter that ended in Mar. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2015 )	/	Revenue (Q: Mar. 2015 )
	=	197.9595	/	725.34
	=	0.27

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.

Exelis Total Inventories Related Terms

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

Exelis (FRA:6EX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Exelis Inc (FRA:6EX) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.exelisinc.com

Exelis Inc was incorporated in the state of Indiana on May 4, 2011. The Company is a diversified aerospace, defense, information and services Company. The Company operates in two segments: Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) Electronics and Systems and Information and Technical Services to military, government and commercial customers in the United States and internationally. The C4ISR Electronics and Systems segment provides engineered systems and solutions, including: ISR systems; integrated electronic warfare systems; radar and sonar systems; electronic attack and release systems; communications solutions; space systems; and composite aerostructures, for government and commercial customers. The Information and Technical Services segment provides a broad range of service solutions, including: systems integration; network design and development; air traffic management; cyber; intelligence; operations; sustainment; advanced engineering; logistics; and space launch and range-support, for U.S. military and U.S. Government customers. The C4ISR Electronics and Systems' products are classified into Intelligence, Surveillance and Reconnaissance Systems, Integrated Electronic Warfare Systems, Electronic Attack and Release Systems, Radar, Reconnaissance and Undersea Systems, Communications Solutions, Night Vision, Positioning, Navigation and Timing, Aerostructures, and Specialty Applications. Information and Technical Services product lines are classified into Advanced Information Solutions, Civil and Aerospace Systems, Command, Control and Communications Systems, Infrastructure Asset Management, Logistics and Supply Chain Management, and Information Technology and Network Communication Services. The Company's customers include the United States Department of Defense, including U.S. Army, Navy, Marines and Air Force, U.S. Government intelligence agencies, National Aeronautics and Space Administration, Federal Aviation Administration. The Company competes against companies such as Lockheed Martin Corporation, The Boeing Company, Raytheon Company, General Dynamics Corporation, L-3 Communications Corporation, SAIC Inc., Northrop Grumman Corporation, Harris Corporation and BAE Systems, Inc. Internationally, it also competes against these same companies as well as Thales Group, EADS N.V., Finmeccanica S.p.A., among others The Company is subject to federal, state and local environmental laws and regulations.

Exelis (FRA:6EX) Headlines

No Headlines