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Alere's total inventories for the quarter that ended in Jun. 2017 was $335.71 Mil. Alere's average total inventories from the quarter that ended in Mar. 2017 to the quarter that ended in Jun. 2017 was $329.09 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Alere's Net-Net Working Capital per share for the quarter that ended in Jun. 2017 was $N/A.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alere's Days Inventory for the three months ended in Jun. 2017 was 98.48.
Inventory Turnover measures how fast the company turns over its inventory within a year. Alere's Inventory Turnover for the quarter that ended in Jun. 2017 was 0.93.
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. Alere's Inventory-to-Revenue for the quarter that ended in Jun. 2017 was 0.59.
The historical data trend for Alere'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.
Alere Annual Data | |||||||||||||||||||||
Trend | Dec07 | Dec08 | Dec09 | Dec10 | Dec11 | Dec12 | Dec13 | Dec14 | Dec15 | Dec16 | |||||||||||
Total Inventories | Get a 7-Day Free Trial |
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337.12 | 365.27 | 377.35 | 350.95 | 308.92 |
Alere Quarterly Data | ||||||||||||||||||||
Sep12 | Dec12 | Mar13 | Jun13 | Sep13 | Dec13 | Mar14 | Jun14 | Sep14 | Dec14 | Mar15 | Jun15 | Sep15 | Dec15 | Mar16 | Jun16 | Sep16 | Dec16 | Mar17 | Jun17 | |
Total Inventories | Get a 7-Day Free Trial |
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333.85 | 348.85 | 308.92 | 322.47 | 335.71 |
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.
Alere (NYSE:ALRPRB.PFD) 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.
Alere's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2017 is
Net-Net Working Capital Per Share (Q: Jun. 2017 ) | |||||||
= | (Cash And Cash Equivalents | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (491.849 | + | 0.75 * 377.963 | + | 0.5 * 335.71 | - | 3791.262 |
- | 606.406 | - | 5.163) | / | 0 | ||
= | N/A |
2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Alere's Days Inventory for the three months ended in Jun. 2017 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Jun. 2017 ) | / | Cost of Goods Sold (Q: Jun. 2017 ) | * | Days in Period |
= | 329.0915 | / | 304.94 | * | 365 / 4 | |
= | 98.48 |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
Alere's Inventory Turnover for the quarter that ended in Jun. 2017 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Jun. 2017 ) | / | Average Total Inventories (Q: Jun. 2017 ) |
= | 304.94 | / | 329.0915 | |
= | 0.93 |
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.
Alere's Inventory to Revenue for the quarter that ended in Jun. 2017 is calculated as
Inventory-to-Revenue | = | Average Total Inventories (Q: Jun. 2017 ) | / | Revenue (Q: Jun. 2017 ) |
= | 329.0915 | / | 557.672 | |
= | 0.59 |
* 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.
Thank you for viewing the detailed overview of Alere's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
John Bridgen | officer: Sr VP, Business Development | 51 SAWYER ROAD, C/O INVERNESS MEDICAL INNOVATIONS INC, WALTHAM MA 02453 |
Geoffrey S Ginsburg | director | 51 SAWYER ROAD, SUITE 200, WALTHAM MA 02453 |
Renuka Uppaluri | officer: Senior VP, Global R&D | 51 SAWYER ROAD, SUITE 200, WALTHAM MA 02453 |
Mark Gladwell | officer: Senior VP, Global Operations | 51 SAWYER ROAD, SUITE 200, WALTHAM MA 02453 |
Gregg J Powers | director | C/O QUANTUM CORPORATION, 224 AIRPORT PARKWAY SUITE 300, SAN JOSE CA 95110 |
Jonathan Wygant | officer: VP, Controller, CAO | 3750 TORREY VIEW COURT, SAN DIEGO X1 92130 |
Thomas Mckillop | director | 51 SAWYER ROAD, SUITE 200, WALTHAM MA 02453 |
Melissa Guerdan | officer: SVP, Global Quality & Reg. | 51 SAWYER ROAD, SUITE 200, WALTHAM MA 02453 |
Daniella Cramp | officer: Global Pres., Cardiometabolic | 51 SAWYER ROAD, SUITE 200, WALTHAM MA 02453 |
Sanjay Malkani | officer: Global Pres., Toxicology | 51 SAWYER ROAD, SUITE 200, WALTHAM MA 02453 |
James Jr. Roosevelt | director | 51 SAWYER ROAD, SUITE 200, HOPKINTON MA 02453 |
Robert Bernard Hargadon | officer: SVP, Global Human Resources | 4327 LAKE WASHINGTON BLVD NE #6208, KIRKLAND WA 98033 |
John F Levy | director | C/O INNVERNESS MEDICAL INNOVATIONS, INC., 51 SAWYER ROAD, WALTHAM MA 02453 |
John Quelch | director | C/O INVERNESS MEDICAL INNOVATIONS INC, 51 SAWYER RD, WALTHAM MA 02453 |
Carol R Goldberg | director | C/O INVERNESS MEDICAL INNOVATIONS INC, 51 SAWYERS RD, WALTHAM MA 02453 |
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