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


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What is Altice USA Total Inventories?

Altice USA's total inventories for the quarter that ended in Dec. 2023 was $0 Mil. Altice USA'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. Altice USA's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-69.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Altice USA'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. Altice USA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.


Altice USA Total Inventories Historical Data

The historical data trend for Altice USA'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.

Altice USA Total Inventories Chart

Altice USA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
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Altice USA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Altice USA 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.


Altice USA  (NYSE:ATUS) 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.

Altice USA'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)
=(302.058+0.75 * 357.597+0.5 * 0-32358.034
-0--12.238)/455.997
=-69.68

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

Altice USA'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
=0/745.305*365 / 4
=0.00

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

Altice USA'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 )
=745.305 / 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.

Altice USA'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 / 2301.612
=0.00

* 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.


Altice USA Total Inventories Related Terms

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Altice USA (Altice USA) Business Description

Traded in Other Exchanges
Address
1 Court Square West, Long Island City, New York, NY, USA, 11101
Altice Europe acquired privately held U.S. cable company Suddenlink in 2015 and Cablevision in 2016. Suddenlink's networks provide television, internet access, and phone services to roughly 3.5 million U.S. homes and businesses located primarily in smaller markets, with major clusters in Texas, West Virginia, Idaho, Arizona, and Louisiana. Cablevision provides comparable services to about 5.5 million homes and business in the New York City metro area. Both regions operate under the Optimum brand name. Altice Europe spun off Altice USA, which includes both the Suddenlink and Cablevision operations, to shareholders in 2018. Altice USA also owns News 12 Networks, which broadcasts local news in New York, i24News, a news operation focused on the Middle East, and Cheddar, a news upstart.
Executives
Alexandre Fonseca director 1 COURT SQUARE WEST, LONG ISLAND CITY NY 11101
Marc Sirota officer: Chief Financial Officer 1 COURT SQUARE WEST, LONG ISLAND CITY NY 11101
Patrick Drahi director, 10 percent owner WIESTISTRASSE 14, ZERMATT V8 3920
Next Alt S.a.r.l. director, 10 percent owner 5, RUE EUGENE RUPPERT, GRAND DUCHY OF LUXEMBOURG N4 L-2453
Dennis Mathew officer: Chief Executive Officer 1 COURT SQUARE WEST, LONG ISLAND CITY NY 11101
Maria Bruzzese officer: Chief Accounting Officer 1 COURT SQUARE WEST, LONG ISLAND CITY NY 11101
Charles Stewart officer: Co-President & CFO 1111 STEWART AVENUE, BETHPAGE NY 11714
Mark Mullen director 1111 STEWART AVENUE, BETHPAGE NY 11714
Susan C Schnabel director C/O CREDIT SUISSE FIRST BOSTON, 11 MADISON AVE, NEW YORK NY 10010
Gerrit Jan Bakker director 15 RUE PIERRE FATIO 6TH FLOOR, GENEVA V8 1204
Raymond Svider director 650 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022
Michael Olsen officer: Acting Gen Counsel & Secretary 1 COURT SQUARE W, LONG ISLAND CITY NY 11101
Michael Grau officer: Chief Financial Officer 1 COURT SQUARE W, LONG ISLAND CITY NY 11101
Soroban Opportunities Master Fund Lp 10 percent owner WALKERS CORPORATE LIMITED, CAYMAN CORPORATE CENTRE, 27 HOSPITAL RD, GEORGE TOWN E9 KY1-9008
Soroban Capital Gp Llc 10 percent owner 55 WEST 46TH STREET, 32ND FLOOR, NEW YORK NY 10036