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Deluxe (Deluxe) Total Inventories : $42 Mil (As of Dec. 2023)


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What is Deluxe Total Inventories?

Deluxe's total inventories for the quarter that ended in Dec. 2023 was $42 Mil. Deluxe's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $46 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Deluxe's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-51.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Deluxe's Days Inventory for the three months ended in Dec. 2023 was 16.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. Deluxe's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.56.

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. Deluxe's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.08.


Deluxe Total Inventories Historical Data

The historical data trend for Deluxe'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.

Deluxe Total Inventories Chart

Deluxe Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.92 40.13 34.93 52.27 42.09

Deluxe 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 52.27 53.92 54.90 49.26 42.09

Deluxe 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.


Deluxe  (NYSE:DLX) 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.

Deluxe'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)
=(71.962+0.75 * 153.873+0.5 * 42.088-2476.006
-0-0.522)/43.743
=-51.85

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

Deluxe'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
=45.6735/253.84*365 / 4
=16.42

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

Deluxe'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 )
=253.84 / 45.6735
=5.56

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.

Deluxe'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 )
=45.6735 / 537.364
=0.08

* 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.


Deluxe Total Inventories Related Terms

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Deluxe (Deluxe) Business Description

Traded in Other Exchanges
Address
801 S. Marquette Avenue, Minneapolis, MN, USA, 55402-2807
Deluxe Corporation engaged in providing payment solutions. The company operates in 4 segments. Payments includes merchant in-store, online and mobile payment solutions; treasury management solutions, including remittance and lockbox processing, remote deposit capture, receivables management, payment processing and paperless treasury management; payroll and disbursement services, including Deluxe Payment Exchange; and fraud and security services. Data Solutions includes data-driven marketing solutions; hosted solutions, including digital engagement, logo design; web hosting and design services. Promotional Solutions includes business forms, accessories, advertising specialties and promotional apparel. Checks includes printed business and personal checks.
Executives
Yogaraj Jeyaprakasam officer: Chief Tech. & Digital Officer 801 S MARQUETTE AVE, MINNEAPOLIS MN 55402
Kristopher D Lazzaretti officer: President, Data Solutions 801 S MARQUETTE AVE, MINNEAPOLIS MN 55402
Debra A Bradford officer: President, Merchant Services
William C Zint officer: SVP, Chief Financial Offier 801 S MARQUETTE AVE, MINNEAPOLIS MN 55402
Jean L Herrick officer: SVP, CHRO 801 S MARQUETTE AVE, MINNEAPOLIS MN 55402
Chad P Kurth officer: Chief Accounting Officer, PAO 801 S MARQUETTE AVE, MINNEAPOLIS MN 55402
Scott C Bomar officer: SVP, Chief Financial Officer 3680 VICTORIA STREET N, SHOREVIEW MN 55126
Telisa L Yancy director 3680 VICTORIA STREET N, SHOREVIEW MN 55126
Thomas Riccio officer: SVP, Division President 3680 VICTORIA STREET N, SHOREVIEW MN 55126
Paul R Garcia director 214 N TRYON STREET, CHARLOTTE NC 28202
Houwelingen Ronald Van officer: VP, Controller, PAO 3680 VICTORIA STREET N, SHOREVIEW MN 55126
Christopher Lee Thomas officer: SVP, CRO 3680 VICTORIA STREET N, SHOREVIEW MN 55126
William C Cobb director H&R BLOCK, INC., ONE H&R BLOCK WAY, KANSAS CITY MO 64105
Thomas Reddin director 11115 RUSHMORE DR, CHARLOTTE NC 28277
Michael Aaron Reed officer: SVP & General Manager 3680 VICTORIA STREET N, SHOREVIEW MN 55126