GURUFOCUS.COM » STOCK LIST » Technology » Software » Tyler Technologies Inc (NYSE:TYL) » Definitions » Total Inventories

Tyler Technologies (Tyler Technologies) Total Inventories : $0 Mil (As of Mar. 2024)


View and export this data going back to 1969. Start your Free Trial

What is Tyler Technologies Total Inventories?

Tyler Technologies's total inventories for the quarter that ended in Mar. 2024 was $0 Mil. Tyler Technologies's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Tyler Technologies's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-22.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tyler Technologies's Days Inventory for the three months ended in Mar. 2024 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. Tyler Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.


Tyler Technologies Total Inventories Historical Data

The historical data trend for Tyler Technologies'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.

Tyler Technologies Total Inventories Chart

Tyler Technologies 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 - - - - -

Tyler Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Tyler Technologies 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.


Tyler Technologies  (NYSE:TYL) 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.

Tyler Technologies's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(196.944+0.75 * 542.441+0.5 * 0-1585.62
-0-0)/43.100
=-22.78

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

Tyler Technologies's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=0/288.693*365 / 4
=0.00

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

Tyler Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=288.693 / 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.

Tyler Technologies's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=0 / 512.359
=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.


Tyler Technologies Total Inventories Related Terms

Thank you for viewing the detailed overview of Tyler Technologies's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Tyler Technologies (Tyler Technologies) Business Description

Traded in Other Exchanges
Address
5101 Tennyson Parkway, Plano, TX, USA, 75024
Tyler Technologies provides a full suite of software solutions and services that address the needs of cities, counties, schools, courts and other local government entities. The company's three core products are Munis, which is the core ERP system, Odyssey, which is the court management system, or CMS, and payments. The company also provides a variety of add-on modules and offers outsourced property tax assessment services.
Executives
Brian K Miller officer: Vice President Finance 5101 TENNYSON PARKWAY, PLANO TX 75024
Marr John S Jr officer: Chief Operating Officer 370 US ROUTE 1, PALMOUTH ME 04105
Dustin R Womble officer: Executive VP 5101 TENNYSON PARKWAY, PLANO TX 75024
Daniel M Pope director 5101 TENNYSON PARKWAY, PLANO TX 75024
Moore H Lynn Jr officer: VP and General Counsel 5101 TENNYSON PARKWAY, PLANO TX 75024
Glenn A Carter director 5101 TENNYSON PARKWAY, PLANO TX 75024
Jeffrey David Puckett officer: Chief Operating Officer 5101 TENNYSON PARKWAY, PLANO TX 75024
Luther Jr King director 5949 SHERRY LANE, SUITE 1400, DALLAS TX 75225
Hawkins Ronnie D. Jr. director 5101 TENNYSON PARKWAY, PLANO TX 75024
Donald R Brattain director
Brenda A Cline director 5101 TENNYSON PARKWAY, PLANO TX 75024
Mary L. Landrieu director 100 CENTURYLINK DRIVE, MONROE LA 71203
Larry D Leinweber director NEW WORLD SYSTEMS, INC, 888 WEST BIG BEAVER, SUITE 600, TROY MI 48084
John M Yeaman director, officer: Chairman 5101 TENNYSON PARKWAY, PLANO TX 75024
Bruce Graham officer: Executive Vice President 5101 TENNYSON PARKWAY, PLANO TX 75024

Tyler Technologies (Tyler Technologies) Headlines