SMART Global Holdings's total inventories for the quarter that ended in Nov. 2023 was $208 Mil. SMART Global Holdings's average total inventories from the quarter that ended in Aug. 2023 to the quarter that ended in Nov. 2023 was $192 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. SMART Global Holdings's Net-Net Working Capital per share for the quarter that ended in Nov. 2023 was $-8.38.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
SMART Global Holdings's Days Inventory for the
three
months ended in Nov. 2023 was 91.40.
Inventory Turnover measures how fast the company turns over its inventory within a year.
SMART Global Holdings's Inventory Turnover for the quarter that ended in Nov. 2023 was 1.00.
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.
SMART Global Holdings's Inventory-to-Revenue for the quarter that ended in Nov. 2023 was 0.70.
SMART Global Holdings Total Inventories Historical Data
The historical data trend for SMART Global Holdings'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.
SMART Global Holdings 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.
SMART Global Holdings (NAS:SGH) 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.
SMART Global Holdings's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2023 is
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.
SMART Global Holdings's Inventory to Revenue for the quarter that ended in Nov. 2023 is calculated as
* 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.
SMART Global Holdings Total Inventories Related Terms
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SMART Global Holdings (SMART Global Holdings) Business Description
SMART Global Holdings Inc is a designer and manufacturer of electronic products focused on memory and computing technology areas. It specializes in application-specific product development and support for customers in the enterprise, government and original equipment manufacturer (OEM) markets. It operates in three segments such as Memory Solutions in which Memory Solutions group, under our SMART Modular brand, provides high performance and reliable memory solutions through the design, development and advanced packaging of leading-edge to extended lifecycle products. Intelligent Platform Solutions in their IPS group, under our Penguin Solutions and newly acquired Stratus Technologies brands, offers specialized platform solutions and services for high-performance computing.
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