IAC (IAC) Total Inventories : $0 Mil (As of Dec. 2023)

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What is IAC Total Inventories?

IAC's total inventories for the quarter that ended in Dec. 2023 was $0 Mil. IAC's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. IAC's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-28.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. IAC's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

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. IAC's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

IAC Total Inventories Historical Data

The historical data trend for IAC'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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IAC Total Inventories Chart

IAC Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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0.32

30.71

IAC 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															-	-	-	-	-

IAC 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.

IAC (NAS:IAC) 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.

IAC'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)
=	(1446.443	+	0.75 * 536.65	+	0.5 * 0	-	3582.796
-	0	-	710.52)	/	85.904
=	-28.45

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

IAC'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
	=	0	/	304.894	*	365 / 4
	=	0.00

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

IAC'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 )
	=	304.894	/	0
	=	N/A

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.

IAC'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 )
	=	0	/	1058.034
	=	0.00

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.

IAC Total Inventories Related Terms

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IAC (IAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » IAC Inc (NAS:IAC) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

4LRA:Germany 4LRA:Germany I1AC34:Brazil

Address

555 West 18th Street, New York, NY, USA, 10011

Website

https://www.iac.com

IAC is an internet media company with segments that include Angi (47% of total revenue), Dotdash (10%), search (24%), and emerging and other (19%). The firm spun off the narrow-moat dating app provider Match Group in second-quarter 2020 and the no-moat video software provider Vimeo in second-quarter 2021.

Executives

Erik Bradbury	officer: SVP AND CONTROLLER (CAO)	222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Kendall Handler	officer: EVP & CLO	IAC/INTERACTIVECORP, 555 WEST 18TH STREET, NEW YORK NY 10011
Michael D Eisner	director	C/O WALT DISNEY CO, 500 S BUENA VISTA STREET, BURBANK CA 91521-1010
Westley Moore	director	325 WEST HURON STREET, SUITE 412, CHICAGO IL 60654
Christopher Halpin	officer: EVP & CFO	IAC/INTERACTIVECORP, 555 WEST 18TH STREET, NEW YORK NY 10011
Michael H Schwerdtman	officer: SVP and Controller (CAO)	C/O IAC/INTERACTIVECORP, 152 WEST 57TH STREET, 42ND FLOOR, NEW YORK NY 10019
David S Rosenblatt	director	C/O DOUBLECLICK INC.,, 111 EIGHTH AVENUE, NEW YORK NY 10011
Bryan Lourd	director	C/O CAA, 9830 WILSHIRE BLVD, BEVERLY HILLS CA 90212
Glenn Schiffman	director, officer: EVP & CFO	555 WEST 18TH STREET, NEW YORK NY 10011
Gregg Winiarski	director, officer: EVP and GC	IAC/INTERACTIVECORP, 555 WEST 18TH STREET, NEW YORK NY 10011
Mark J Stein	officer: EVP & CSO	ONE BRIDGE STREET, SUITE 42, IRVINGTON NY 10069
Bonnie S Hammer	director	30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Joseph Levin	officer: CEO	C/O IAC/INTERACTIVECORP, 555 WEST 18TH STREET, NEW YORK NY 10011
Richard F Zannino	director	C/O IAC/INTERACTIVECORP, 555 WEST 18TH STREET, NEW YORK NY 10011
Alan G Spoon	director	1150 15TH ST NW, WASHINGTON DC 20071