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Twenty-First Century Fox (Twenty-First Century Fox) Total Inventories : $3,934 Mil (As of Dec. 2018)


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What is Twenty-First Century Fox Total Inventories?

Twenty-First Century Fox's total inventories for the quarter that ended in Dec. 2018 was $3,934 Mil. Twenty-First Century Fox's average total inventories from the quarter that ended in Sep. 2018 to the quarter that ended in Dec. 2018 was $3,869 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Twenty-First Century Fox's Net-Net Working Capital per share for the quarter that ended in Dec. 2018 was $-2.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Twenty-First Century Fox's Days Inventory for the three months ended in Dec. 2018 was 58.79.

Inventory Turnover measures how fast the company turns over its inventory within a year. Twenty-First Century Fox's Inventory Turnover for the quarter that ended in Dec. 2018 was 1.55.

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. Twenty-First Century Fox's Inventory-to-Revenue for the quarter that ended in Dec. 2018 was 0.46.


Twenty-First Century Fox Total Inventories Historical Data

The historical data trend for Twenty-First Century Fox'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.

Twenty-First Century Fox Total Inventories Chart

Twenty-First Century Fox Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,092.00 2,749.00 3,291.00 3,101.00 3,669.00

Twenty-First Century Fox Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 3,132.00 3,645.00 3,669.00 3,804.00 3,934.00

Twenty-First Century Fox 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.


Twenty-First Century Fox  (NAS:TFCFA) 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.

Twenty-First Century Fox's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2018 is

Net-Net Working Capital Per Share (Q: Dec. 2018 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(21281+0.75 * 8083+0.5 * 3934-32651
-0-1230)/1856.93
=-2.46

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

Twenty-First Century Fox's Days Inventory for the three months ended in Dec. 2018 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2018 )/Cost of Goods Sold (Q: Dec. 2018 )*Days in Period
=3869/6005*365 / 4
=58.79

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

Twenty-First Century Fox's Inventory Turnover for the quarter that ended in Dec. 2018 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2018 ) / Average Total Inventories (Q: Dec. 2018 )
=6005 / 3869
=1.55

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.

Twenty-First Century Fox's Inventory to Revenue for the quarter that ended in Dec. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2018 ) / Revenue (Q: Dec. 2018 )
=3869 / 8499
=0.46

* 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.


Twenty-First Century Fox Total Inventories Related Terms

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Twenty-First Century Fox (Twenty-First Century Fox) Business Description

Traded in Other Exchanges
N/A
Address
1211 Avenue of the Americas, New York, NY, USA, 10036
21st Century Fox is a media conglomerate with a wide range of assets: a film studio, which creates television programs and movies; broadcast television, including the Fox broadcast network and local TV stations in the U.S.; cable networks, which comprise over 300 channels around the world; and direct-broadcast satellite TV in the form of Sky, a satellite pay-tv provider in Europe.

Twenty-First Century Fox (Twenty-First Century Fox) Headlines

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