Acacia Research (Acacia Research) Total Inventories : $10.9 Mil (As of Dec. 2023)

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What is Acacia Research Total Inventories?

Acacia Research's total inventories for the quarter that ended in Dec. 2023 was $10.9 Mil. Acacia Research's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $11.6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Acacia Research's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $4.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Acacia Research's Days Inventory for the three months ended in Dec. 2023 was 44.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. Acacia Research's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.07.

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. Acacia Research's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.13.

Acacia Research Total Inventories Historical Data

The historical data trend for Acacia Research'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.

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Acacia Research Total Inventories Chart

Acacia Research Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

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Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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8.93

14.22

10.92

Acacia Research 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															14.22	14.73	14.01	12.38	10.92

Acacia Research 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.

Acacia Research (NAS:ACTG) 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.

Acacia Research'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)
=	(439.909	+	0.75 * 80.555	+	0.5 * 10.921	-	43.936
-	0	-	21.343)	/	99.8955
=	4.41

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

Acacia Research'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
	=	11.648	/	24.081	*	365 / 4
	=	44.14

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

Acacia Research'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 )
	=	24.081	/	11.648
	=	2.07

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.

Acacia Research'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 )
	=	11.648	/	92.311
	=	0.13

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.

Acacia Research Total Inventories Related Terms

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Acacia Research (Acacia Research) Business Description

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AZG2:Germany

Address

767 Third Avenue, 6th Floor, New York, NY, USA, 10017

Website

https://www.acaciaresearch.com

Acacia Research Corp is engaged in the acquisition, development, and patents technologies through its subsidiaries. It assists patent owners with the prosecution and development of their patent portfolios; protection of their patented inventions from unauthorized use; generation of licensing revenue from users of their patented technologies; and enforcement against unauthorized users of their patented technologies. It has two segments Intellectual Property Operations and Industrial Operations.

Executives

Jason W. Soncini	officer: General Counsel	767 THIRD AVENUE, SUITE 602, NEW YORK NY 10017
Mcnulty Martin D. Jr.	officer: COO & Head of M&A	C/O STARBOARD VALUE ACQUISITION CORP., 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Geoffrey G Ribar	director
Kirsten Hoover	officer: Controller	4 PARK PLAZA, SUITE 550, IRVINE CA 92614
Robert Rasamny	officer: Chief Administrative Officer	767 THIRD AVENUE, 6TH FLOOR, NEW YORK NY 10017
Starboard Value & Opportunity Master Fund Ltd	other: See Footnote 2	777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Peter A Feld	10 percent owner, other: See Footnote 2	201 E LAS OLAS BOULEVARD, SUITE 1000, FORT LAUDERDALE FL 33301
Starboard Value Lp	10 percent owner, other: See Footnote 2	777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value Gp Llc	10 percent owner, other: See Footnote 2	777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Principal Co Lp	10 percent owner, other: See Footnote 2	777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Principal Co Gp Llc	10 percent owner, other: See Footnote 2	777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value & Opportunity S Llc	other: See Footnote 2	777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value & Opportunity C Lp	other: See Footnote 2	777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value R Lp	other: See Footnote 2	777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value R Gp Llc	other: See Footnote 2	777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017