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Resideo Technologies (Resideo Technologies) Total Inventories : $929 Mil (As of Mar. 2024)


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What is Resideo Technologies Total Inventories?

Resideo Technologies's total inventories for the quarter that ended in Mar. 2024 was $929 Mil. Resideo Technologies's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $935 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Resideo Technologies's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-13.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Resideo Technologies's Days Inventory for the three months ended in Mar. 2024 was 78.56.

Inventory Turnover measures how fast the company turns over its inventory within a year. Resideo Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.16.

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. Resideo Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.63.


Resideo Technologies Total Inventories Historical Data

The historical data trend for Resideo 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.

Resideo Technologies Total Inventories Chart

Resideo Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only 671.00 672.00 740.00 975.00 941.00

Resideo 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 1,008.00 1,001.00 970.00 941.00 929.00

Resideo 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.


Resideo Technologies  (NYSE:REZI) 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.

Resideo 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)
=(603+0.75 * 933+0.5 * 929-3751
-0-0)/146.013
=-13.59

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

Resideo 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
=935/1086*365 / 4
=78.56

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

Resideo 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 )
=1086 / 935
=1.16

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.

Resideo 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 )
=935 / 1486
=0.63

* 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.


Resideo Technologies Total Inventories Related Terms

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Resideo Technologies (Resideo Technologies) Business Description

Traded in Other Exchanges
Address
16100 North 71st Street, Suite 550, Scottsdale, AZ, USA, 85254
Resideo Technologies Inc is a manufacturer and developer of technology-driven products and components that provide critical comfort, energy management, and safety and security solutions. The company has two reportable segments; Products and Solutions segment offers temperature and humidity control, energy products and solutions, water and air solutions, smoke and carbon monoxide detection home safety products, security panels, sensors, peripherals, wire and cable, communications devices, video cameras, other home-related lifestyle convenience solutions, and ADI Global Distribution segment includes wholesale distributor of low-voltage security products including access control, fire detection, security, and video products. It derives a majority of its revenue from the United States.
Executives
Phillip L. Theodore officer: Pres., Products & Solutions 901 E. 6TH STREET, AUSTIN TX 78701
Tina M Beskid officer: Chief Accounting Officer 1835 DUEBER AVENUE, S.W., CANTON OH 44706
Jay L Geldmacher director, officer: President and CEO 5810 VAN ALLEN WAY, CARLSBAD CA 92008
Nina Richardson director C/O SILICON LABORATORIES, 400 W CESAR CHAVEZ, AUSTIN TX 78701
Jeannine J Lane officer: See Remarks 115 TABOR ROAD, MORRIS PLAINS NJ 07950
Robert B Aarnes officer: PRESIDENT, ADI 115 TABOR ROAD, MORRIS PLAINS NJ 07950
Dana Edward Huth officer: EVP, Chief Revenue Officer 1595 WYNKOOP STREET, SUITE 800, DENVER CO 80202
Anthony L Trunzo officer: EVP, Chief Financial Officer 27700 SW PARKWAY AVENUE, WILSONVILLE OR 97070
Kareem Yusuf director 901 E. 6TH STREET, AUSTIN TX 78701
Travis D Merrill officer: EVP, Chief Strat & Cml Officer 27700 SW PARKWAY AVE., WILSONVILLE OR 97070
Roger Fradin director C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Jack R Lazar director 400 W. CESAR CHAVEZ, ATTN: STOCK ADMINISTRATION, AUSTIN TX 78701
Paul F Deninger director C/O JEFFERIES & CO., 1050 WINTER STREET, WALTHAM MA 02451
Andrew C Teich director 3 HANSON DRIVE, MOULTONBOROUGH NH 03254
Brian Kushner director 527 MADISON AVENUE 6TH FLOOR, NEW YORK NY 10022

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