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Insight Enterprises (Insight Enterprises) Total Inventories : $185 Mil (As of Dec. 2023)


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What is Insight Enterprises Total Inventories?

Insight Enterprises's total inventories for the quarter that ended in Dec. 2023 was $185 Mil. Insight Enterprises's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $184 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Insight Enterprises's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-46.44.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Insight Enterprises's Days Inventory for the three months ended in Dec. 2023 was 9.35.

Inventory Turnover measures how fast the company turns over its inventory within a year. Insight Enterprises's Inventory Turnover for the quarter that ended in Dec. 2023 was 9.76.

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


Insight Enterprises Total Inventories Historical Data

The historical data trend for Insight Enterprises'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.

Insight Enterprises Total Inventories Chart

Insight Enterprises 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 190.83 185.65 328.10 265.15 184.61

Insight Enterprises 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 265.15 265.57 248.19 184.20 184.61

Insight Enterprises 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.


Insight Enterprises  (NAS:NSIT) 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.

Insight Enterprises'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)
=(268.73+0.75 * 3568.29+0.5 * 184.605-4550.617
-0-0)/32.59
=-46.44

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

Insight Enterprises'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
=184.4025/1799.861*365 / 4
=9.35

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

Insight Enterprises'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 )
=1799.861 / 184.4025
=9.76

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.

Insight Enterprises'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 )
=184.4025 / 2236.011
=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.


Insight Enterprises Total Inventories Related Terms

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Insight Enterprises (Insight Enterprises) Business Description

Traded in Other Exchanges
Address
2701 E. Insight Way, Chandler, AZ, USA, 85286
Insight Enterprises Inc is a Fortune 500 global IT provider primarily engaged in helping businesses of all sizes, large enterprises, governments, schools, and health care organizations. The company has three geographic operating segments: North America, EMEA, and APAC. It generates maximum revenue from North America segment. The company provides digital innovation, cloud/data center transformation, connected workforce, and supply chain optimization solutions and services.
Executives
Valueact Capital Master Fund, L.p. director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Samuel C Cowley officer: SVP, Gen'l Counsel & Secretary 2200 SOUTH 75TH AVENUE, PHOENIX AZ 85043
Timothy A Crown director, officer: CEO, President 6820 S HARL AVE, TEMPE AZ 85283
Adrian P Gregory officer: President, EMEA 2701 E INSIGHT WAY, CHANDLER AZ 85286
Rachael A Bertrandt officer: Principal Accounting Officer INSIGHT ENTEPRISES, INC., 2701 E INSIGHT WAY, CHANDLER AZ 85286
Glynis Bryan officer: CFO 5500 WAYZATA BOULEVARD, SUITE 600, GOLDEN VALLEY MN 55416
Kathleen S Pushor director 8575 E VOLTAIRE AVE, SCOTTSDALE AZ 85260
Daniel Burger officer: President INA 6820 S HARL AVENUE, TEMPE AZ 85283
Sumana Nallapati officer: Chief Information Officer 6820 S HARL AVENUE, TEMPE AZ 85283
Jennifer M Vasin officer: Chief Human Resources Officer 2701 E INSIGHT WAY, CHANDLER AZ 85286
Valueact Capital Management, Llc director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Alexander L. Baum director ONE LETTERMAN DRIVE, BUILDING D, FOURTH FLOOR, SAN FRANCISCO CA 94129
Valueact Capital Management, L.p. director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Valueact Holdings, L.p. director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Valueact Holdings Gp, Llc director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129