Motorola Solutions (Motorola Solutions) Total Inventories : $827 Mil (As of Dec. 2023)

View and export this data going back to 1991. Start your Free Trial

What is Motorola Solutions Total Inventories?

Motorola Solutions's total inventories for the quarter that ended in Dec. 2023 was $827 Mil. Motorola Solutions's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $893 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Motorola Solutions's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-55.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Motorola Solutions's Days Inventory for the three months ended in Dec. 2023 was 58.45.

Inventory Turnover measures how fast the company turns over its inventory within a year. Motorola Solutions's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.56.

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. Motorola Solutions's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.31.

Motorola Solutions Total Inventories Historical Data

The historical data trend for Motorola Solutions'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.

Motorola Solutions Total Inventories Chart

Motorola Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

447.00

508.00

788.00

1,055.00

827.00

Motorola Solutions 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															1,055.00	1,082.00	1,020.00	959.00	827.00

Motorola Solutions 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.

Motorola Solutions (NYSE:MSI) 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.

Motorola Solutions'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)
=	(1705	+	0.75 * 1710	+	0.5 * 827	-	12597
-	0	-	15)	/	166.2
=	-55.42

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

Motorola Solutions'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
	=	893	/	1394	*	365 / 4
	=	58.45

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

Motorola Solutions'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 )
	=	1394	/	893
	=	1.56

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.

Motorola Solutions'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 )
	=	893	/	2849
	=	0.31

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.

Motorola Solutions Total Inventories Related Terms

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

Motorola Solutions (Motorola Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Motorola Solutions Inc (NYSE:MSI) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

1MSI:Italy MTLA:Germany MTLA:Germany MTLA:Germany M1SI34:Brazil MOSI:Austria MSI:Argentina

Address

500 West Monroe Street, Suite 4400, Chicago, IL, USA, 60661

Website

https://www.motorolasolutions.com

Motorola Solutions is a leading provider of communications and analytics, primarily serving public safety departments as well as schools, hospitals, and businesses. The bulk of the firm's revenue comes from sales of land mobile radios and radio network infrastructure, but the firm also sells surveillance equipment and dispatch software. Most of Motorola's revenue comes from government agencies, while roughly 25% comes from schools and private businesses. Motorola has customers in over 100 countries and in every state in the United States.

Executives

John P Molloy	officer: EVP and COO	500 WEST MONROE ST., CHICAGO IL 60661
Cynthia Yazdi	officer: SVP, Communications & Brand	500 WEST MONROE STREET, CHICAGO IL 60661
Jason J Winkler	officer: EVP and CFO	500 WEST MONROE STREET, CHICAGO IL 60661
Rajan Naik	officer: SVP, Strategy & Ventures	500 WEST MONROE STREET, CHICAGO IL 60661
James A Niewiara	officer: SVP, GENERAL COUNSEL	MOTOROLA SOLUTIONS, INC., 500 WEST MONROE ST., CHICAGO IL 60661
Katherine A Maher	officer: CVP and CAO	500 WEST MONROE ST., CHICAGO IL 60661
Gregory Q Brown	director, officer: Chairman and CEO	500 WEST MONROE ST., CHICAGO IL 60661
Kenneth D Denman	director
Karen E Dunning	officer: SVP, Human Resources	MOTOROLA SOLUTIONS, INC., 500 WEST MONROE ST., CHICAGO IL 60661
Mark S. Hacker	officer: EVP, GC & Chief Admin Officer	500 WEST MONROE ST., CHICAGO IL 60661
Joseph M Tucci	director	EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Clayton M Jones	director	400 COLLINS ROAD NE, CEDAR RAPIDS IA 52498
Judy C Lewent	director	PO BOX 100, WHITEHOUSE STATION NJ 08889
Ayanna Howard	director	111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Mahesh Saptharishi	officer: EVP and CTO	500 WEST MONROE ST., CHICAGO IL 60661