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NetScout Systems (NetScout Systems) Total Inventories : $14.8 Mil (As of Dec. 2023)


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What is NetScout Systems Total Inventories?

NetScout Systems's total inventories for the quarter that ended in Dec. 2023 was $14.8 Mil. NetScout Systems's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $15.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. NetScout Systems's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-2.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NetScout Systems's Days Inventory for the three months ended in Dec. 2023 was 31.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. NetScout Systems's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.88.

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. NetScout Systems's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.07.


NetScout Systems Total Inventories Historical Data

The historical data trend for NetScout Systems'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.

NetScout Systems Total Inventories Chart

NetScout Systems Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.35 21.51 19.37 21.24 17.55

NetScout Systems 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 17.60 17.55 17.99 15.48 14.82

NetScout Systems 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.


NetScout Systems  (NAS:NTCT) 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.

NetScout Systems'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)
=(329.112+0.75 * 221.574+0.5 * 14.822-685.896
-0-0)/71.0199
=-2.58

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

NetScout Systems'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
=15.1515/43.624*365 / 4
=31.69

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

NetScout Systems'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 )
=43.624 / 15.1515
=2.88

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.

NetScout Systems'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 )
=15.1515 / 218.072
=0.07

* 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.


NetScout Systems Total Inventories Related Terms

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NetScout Systems (NetScout Systems) Business Description

Traded in Other Exchanges
Address
310 Littleton Road, Westford, MA, USA, 01886-4105
NetScout Systems Inc is a provider of service assurance and cybersecurity solutions to enterprise and government networks. It bases its solutions on proprietary adaptive service intelligence technology, which helps customers monitor and identify performance issues and provides insight into network-based security threats. These solutions also deliver real-time and historical information, which provides insight to restore service and understand the quality of user experience. The company derives revenue primarily from the sale of network management tools and security solutions. Its geographical regions include USA, Europe, Asia, and Rest of the World.
Executives
Michael Szabados officer: Chief Operating Officer 271 MATTISON DRIVE, CONCORD MA 01742
John Downing officer: SVP, Worldwide Sales Operation 310 LITTLETON ROAD, WESTFORD MA 01886
Hadzima Joseph G Jr director ONE BROADWAY, STE 1300, CAMBRIDGE MA 02142
Jean A Bua officer: See Remarks
Marlene Pelage director C/O NETSCOUT SYSTEMS, INC., 310 LITTLETON ROAD, WESTFORD MA 01886
Shannon Nash director C/O USERTESTING, INC., 144 TOWNSEND STREET, SAN FRANCISCO CA 94107
Vivian M Vitale director
Vincent J Mullarkey director 2 WINGATE LANE, ACTON MA 01720
Susan Louise Spradley director C/O NORTEL NETWORKS, 8200 DIXIE ROAD STE 100, BRAMPTON ONTARIO A6 L6T 5PT
Alfred Grasso director C/O NETSCOUT SYSTEMS, INC., 310 LITTLETON ROAD, WESTFORD MA 01886
Victor Demarines director
Christopher Perretta director C/O STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
John R Egan director 176 SOUTH ST., HOPKINTON MA 01748
Robert E Donahue director
Anil K Singhal director, officer: Chief Executive Officer C/O NETSCOUT SYTEMS INC, 310 LITTLETON ROAD, WESTFORD MA 01886