Symbotic (Symbotic) Total Inventories : $138 Mil (As of Dec. 2023)

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What is Symbotic Total Inventories?

Symbotic's total inventories for the quarter that ended in Dec. 2023 was $138 Mil. Symbotic's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $137 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Symbotic's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-3.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Symbotic's Days Inventory for the three months ended in Dec. 2023 was 41.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Symbotic's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.18.

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. Symbotic's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.37.

Symbotic Total Inventories Historical Data

The historical data trend for Symbotic'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.

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Symbotic Total Inventories Chart

Symbotic Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Total Inventories

16.45

33.56

91.90

136.12

Symbotic Quarterly Data
	Sep19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial										110.91	140.44	166.88	136.12	137.67

Symbotic 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.

Symbotic (NAS:SYM) 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.

Symbotic'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)
=	(674.963	+	0.75 * 153.058	+	0.5 * 137.666	-	1152.429
-	0	-	11.268)	/	85.1066
=	-3.59

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

Symbotic'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
	=	136.8935	/	298.343	*	365 / 4
	=	41.87

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

Symbotic'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 )
	=	298.343	/	136.8935
	=	2.18

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.

Symbotic'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 )
	=	136.8935	/	368.45
	=	0.37

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.

Symbotic Total Inventories Related Terms

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Symbotic (Symbotic) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Symbotic Inc (NAS:SYM) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

SYM:Mexico

Address

200 Research Drive, Wilmington, MA, USA, 01887

Website

https://www.symbotic.com

Symbotic Inc is an automation technology company that develops technologies to improve operating efficiencies in modern warehouses. The group develops, commercializes, and deploys innovative, end-to-end technology solutions that dramatically improve supply chain operations. Symbotic also automates the processing of pallets and cases in large warehouses or distribution centers for some of the retail and wholesale companies in the world. The company operates in two geographical regions the United States and Canada. Key revenue is generated from the United States.

Executives

Michael David Dunn	officer: See Remarks	C/O SYMBOTIC INC., 200 RESEARCH DRIVE, WILMINGTON MA 01887
Todd Krasnow	director	C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Boyd William M Iii	officer: Chief Strategy Officer	C/O SYMBOTIC INC., 200 RESEARCH DRIVE, WILMINGTON MA 01887
Rollin L. Ford	director	702 S.W. 8TH STREET, MAIL STOP # 0215, BENTONVILLE AR 72716-0215
Charles Kane	director	289 TURNPIKE RD, WESTBORO MA 01581
David A Ladensohn	10 percent owner	C/O SYMBOTIC INC., 200 RESEARCH DRIVE, WILMINGTON MA 01887
Ernst Thomas C Jr	officer: Chief Financial Officer	2201 LAKESIDE BLVD., RICHARDSON TX 75082
Richard B Cohen	director, 10 percent owner, officer: See Remarks	C/O SYMBOTIC INC., 200 RESEARCH DRIVE, WILMINGTON MA 01887
Janet L Cohen	10 percent owner	C/O SYMBOTIC INC., 200 RESEARCH DRIVE, WILMINGTON MA 01887
Sunlight Investment Corp.	10 percent owner	300 EL CAMINO REAL, MENLO PARK CA 94025
Svf Ii Strategic Investments Aiv Llc	10 percent owner	300 EL CAMINO REAL, MENLO PARK CA 94025
Svf Ii Spac Investment 3 (de) Llc	10 percent owner	1 CIRCLE STAR WAY, SAN CARLOS CA 94070
Softbank Group Corp	10 percent owner	1-7-1 KAIGAN, MINATO-KU, TOKYO M0 105-7537
Northstar Gp Sb	10 percent owner	69 GROSVENOR STREET, LONDON X0 W1K 3JP
Sb Management Ltd	10 percent owner	9TH FLOOR, AL SILA TOWER, ADGM SQUARE, AL MARYAH ISLAND, ABU DHABI C0 NA