United States Cellular's total inventories for the quarter that ended in Mar. 2024 was $175 Mil. United States Cellular's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $187 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. United States Cellular's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-60.19.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
United States Cellular's Days Inventory for the
three
months ended in Mar. 2024 was 42.87.
Inventory Turnover measures how fast the company turns over its inventory within a year.
United States Cellular's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.13.
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.
United States Cellular's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.20.
United States Cellular Total Inventories Historical Data
The historical data trend for United States Cellular'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.
United States Cellular 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.
United States Cellular (NYSE:USM) 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.
United States Cellular's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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.
United States Cellular's Inventory to Revenue for the quarter that ended in Mar. 2024 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.
United States Cellular Total Inventories Related Terms
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United States Cellular (United States Cellular) Business Description
U.S. Cellular is a regional wireless carrier that serves about 5 million customers spread across four major geographic clusters: the Midwest, mid-Atlantic, New England, and the Pacific Northwest. These service territories encompass a total population of about 32 million people. The vast majority of the markets the firm serves are rural or second/third-tier cities, with only the greater Milwaukee and Oklahoma City regions boasting populations greater than 1 million. U.S. Cellular also owns a 5.5% stake in Verizon Wireless' Los Angeles operations and, unlike its wireless carrier peers, owns most of its own towers.
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