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Oxford Instruments (Oxford Instruments) Total Inventories : $128.8 Mil (As of Sep. 2023)


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What is Oxford Instruments Total Inventories?

Oxford Instruments's total inventories for the quarter that ended in Sep. 2023 was $128.8 Mil. Oxford Instruments's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Sep. 2023 was $113.8 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Oxford Instruments's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $0.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Oxford Instruments's Days Inventory for the six months ended in Sep. 2023 was 170.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. Oxford Instruments's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.07.

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. Oxford Instruments's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.44.


Oxford Instruments Total Inventories Historical Data

The historical data trend for Oxford Instruments'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.

Oxford Instruments Total Inventories Chart

Oxford Instruments Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 80.11 72.77 81.42 86.03 98.79

Oxford Instruments Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 91.07 86.03 90.03 98.79 128.84

Oxford Instruments 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.


Oxford Instruments  (OTCPK:OXINF) 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.

Oxford Instruments's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(125.866+0.75 * 132.673+0.5 * 128.837-277.847
-0-0)/57.8404
=0.21

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

Oxford Instruments's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=113.8115/122.154*365 / 2
=170.04

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

Oxford Instruments's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=122.154 / 113.8115
=1.07

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.

Oxford Instruments's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=113.8115 / 259.53
=0.44

* 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.


Oxford Instruments Total Inventories Related Terms

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Oxford Instruments (Oxford Instruments) Business Description

Traded in Other Exchanges
Address
Tubney Woods, Abingdon, Oxfordshire, GBR, OX13 5QX
Oxford Instruments PLC is engaged in the research, development, manufacture, rental, sale, and service of high technology tools and systems. The company's operating segment includes Materials and Characterisation; Research and Discovery and Service and Healthcare. It generates maximum revenue from the Materials and Characterisation segment. The Materials and Characterisation segment focuses on applied R&D and commercial customers, enabling the fabrication and characterisation of materials and devices down to the atomic scale. Geographically, it derives a majority of revenue from Asia and also has a presence in Rest of Europe, UK, Japan, China, Germany and Rest of World.