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Visteon (Visteon) Total Inventories : $342 Mil (As of Mar. 2024)


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What is Visteon Total Inventories?

Visteon's total inventories for the quarter that ended in Mar. 2024 was $342 Mil. Visteon's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $320 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Visteon's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-19.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Visteon's Days Inventory for the three months ended in Mar. 2024 was 35.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Visteon's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.54.

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. Visteon's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.34.


Visteon Total Inventories Historical Data

The historical data trend for Visteon'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.

Visteon Total Inventories Chart

Visteon 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 169.00 177.00 262.00 348.00 298.00

Visteon 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 358.00 329.00 318.00 298.00 342.00

Visteon 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.


Visteon  (NAS:VC) 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.

Visteon'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)
=(504+0.75 * 652+0.5 * 342-1605
-0-85)/27.4457
=-19.17

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

Visteon'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
=320/814*365 / 4
=35.87

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

Visteon'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 )
=814 / 320
=2.54

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.

Visteon'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 )
=320 / 933
=0.34

* 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.


Visteon Total Inventories Related Terms

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Visteon (Visteon) Business Description

Traded in Other Exchanges
Address
One Village Center Drive, Van Buren Township, MI, USA, 48111
Visteon Corp is an automotive supplier. It manufactures electronics products for original equipment vehicle manufacturers including Ford, Nissan, Renault, Mazda, BMW, General Motors, and Honda. The company offers information displays, instrument clusters, head-up displays, infotainment systems, telematics solutions and Smartcore. The Company's reportable segment is Electronics. The Electronics segment provides vehicle cockpit electronics products to customers, including digital instrument clusters, domain controllers with integrated advance driver assistance systems, displays, Android-based infotainment systems, and battery management systems. Geographically, it operates in North America, Europe, China, Asia-Pacific and South America.
Executives
Sachin Lawande director, officer: CEO & President HARMAN INTERNATIONAL, 400 ATLANTIC STREET, SUITE 1500, STAMFORD CT 06901
Qais M Sharif officer: Senior Vice President VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111
Brett D Pynnonen officer: V.P. & General Counsel 26555 NORTHWESTERN HIGHWAY, SOUTHFIELD MI 48033
Jerome Rouquet officer: Senior Vice President 26555 NORTHWESTERN HIGHWAY, SOUTHFIELD MI 48034
Robert R Vallance officer: Vice President VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111
Robert Manzo director PARK 80 W PLZ 2, SADDLE BROOK NJ 07663
David L Treadwell director 222 S 15TH STREET, SUITE 600 N, OMAHA NE 68102
Kristin Trecker officer: Senior Vice President & CHRO 10000 WEHRLE DRIVE, CLARENCE NY 14031
Bunsei Kure director VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48167
Francis M Scricco director C/O AVAYA INC., 211 MOUNT AIRY ROAD, BASKING RIDGE NJ 07920
Matthew M Cole officer: Senior Vice President ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111
Abigail S Fleming officer: Vice President & CAO VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111
Joao Paulo Ribeiro officer: Senior Vice President VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111
Sunil K Bilolikar officer: Senior Vice President ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111
Harry James Wilson director VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111