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Mobileye Global (Mobileye Global) Total Inventories : $456 Mil (As of Mar. 2024)


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What is Mobileye Global Total Inventories?

Mobileye Global's total inventories for the quarter that ended in Mar. 2024 was $456 Mil. Mobileye Global's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $424 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Mobileye Global's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $1.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mobileye Global's Days Inventory for the three months ended in Mar. 2024 was 208.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mobileye Global's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.44.

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. Mobileye Global's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.77.


Mobileye Global Total Inventories Historical Data

The historical data trend for Mobileye Global'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.

Mobileye Global Total Inventories Chart

Mobileye Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
- 128.00 97.00 113.00 391.00

Mobileye Global Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 173.00 263.00 354.00 391.00 456.00

Mobileye Global 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.


Mobileye Global  (NAS:MBLY) 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.

Mobileye Global's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1223+0.75 * 120+0.5 * 456-579
-0-0)/806.231
=1.19

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

Mobileye Global's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=423.5/185*365 / 4
=208.89

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

Mobileye Global's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=185 / 423.5
=0.44

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.

Mobileye Global's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=423.5 / 239
=1.77

* 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.


Mobileye Global Total Inventories Related Terms

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Mobileye Global (Mobileye Global) Business Description

Traded in Other Exchanges
N/A
Address
c/o Mobileye B.V., P.O. Box 45157, Har Hotzvim, 13 Hartom Street, Jerusalem, ISR, 9777513
Mobileye Global Inc engages in the development and deployment of ADAS and autonomous driving technologies and solutions. It is building a portfolio of end-to-end ADAS and autonomous driving solutions to provide the capabilities needed for the future of autonomous driving, leveraging a comprehensive suite of purpose-built software and hardware technologies. Its solutions comprise Driver Assist, Cloud-Enhanced Driver Assist, Mobileye SuperVision Lite, Mobileye SuperVision, Mobileye Chauffeur, Mobileye Drive, Self-Driving System & Vehicles. It also provides data services to Expedite Maintenance Operations with AI-Powered Road Survey Technology.
Executives
Claire C. Mccaskill director C/O MOBILEYE GLOBAL INC., HAR HOTZVIM, 13 HARTOM STREET, BOX 45157, JERUSALEM L3 97775
Patrick P Gelsinger director VMWARE, INC., 3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Shai Shalev-shwartz officer: Chief Technology Officer C/O MOBILEYE GLOBAL INC., HAR HOTZVIM, 13 HARTOM STREET, BOX 45157, JERUSALEM L3 97775
Gavriel Hayon officer: See Remarks C/O MOBILEYE GLOBAL INC., HAR HOTZVIM, 13 HARTOM STREET, BOX 45157, JERUSALEM L3 97775
Amnon Shashua director, officer: CEO and President C/O MOBILEYE N.V., HAR HOTZVIM, 13 HARTOM STREET, NO. 45157, JERUSALEM L3 97775
Rojansky Moran Shemesh officer: Acting Chief Financial Officer C/O MOBILEYE B.V., HAR HOTZVIM,, 13 HARTOM STREET, P.O. BOX 45157,, JERUSALEM L3 9777513
Intel Corp 10 percent owner 2200 MISSION COLLEGE BLVD, RNB-4-151, SANTA CLARA CA 95054
Nimrod Nehushtan officer: SVP Bus Dev & Str & Co-Mgr REM C/O MOBILEYE B.V., HAR HOTZVIM, 13 HARTOM STREET, JERUSALEM L3 9777513
Frank D Yeary director C/O INTEL CORPORATION, 2200 MISSION COLLEGE BLVD., RN4-151, SANTA CLARA CA 95054
Safroadu Yeboah-amankwah director C/O MOBILEYE GLOBAL INC., HAR HOTZVIM, 13 HARTOM STREET, BOX 45157, JERUSALEM L3 97775
Christine M Pambianchi director 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Eyal Desheh director C/O MOBILEYE GLOBAL INC., HAR HOTZVIM, 13 HARTOM STREET, BOX 45157, JERUSALEM L3 97775
General Atlantic Partners (lux), Scsp 10 percent owner 55 EAST 52ND STREET, FLOOR 33, NEW YORK NY 10055
General Atlantic (me), L.p. 10 percent owner C/O GENERAL ATLANTIC SERVICE COMPANY, LP, 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Huntsman Jon M Jr director 500 HUNTSMAN WAY, SALT LAKE CITY UT 84108

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