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Alphatec Holdings's total inventories for the quarter that ended in Sep. 2024 was $183.1 Mil. Alphatec Holdings's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $177.7 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Alphatec Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-3.63.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alphatec Holdings's Days Inventory for the three months ended in Sep. 2024 was 337.91.
Inventory Turnover measures how fast the company turns over its inventory within a year. Alphatec Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.27.
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. Alphatec Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.18.
The historical data trend for Alphatec 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.
Alphatec Holdings Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Total Inventories | Get a 7-Day Free Trial | 34.85 | 46.00 | 91.70 | 101.52 | 136.84 |
Alphatec Holdings Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Total Inventories | Get a 7-Day Free Trial | 130.67 | 136.84 | 152.98 | 172.31 | 183.11 |
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.
Alphatec Holdings (NAS:ATEC) 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.
Alphatec Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is
Net-Net Working Capital Per Share (Q: Sep. 2024 ) | |||||||
= | (Cash And Cash Equivalents | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (80.976 | + | 0.75 * 78.452 | + | 0.5 * 183.111 | - | 747.257 |
- | 0 | - | 0) | / | 142.099 | ||
= | -3.63 |
2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Alphatec Holdings's Days Inventory for the three months ended in Sep. 2024 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Sep. 2024 ) | / | Cost of Goods Sold (Q: Sep. 2024 ) | * | Days in Period |
= | 177.7125 | / | 47.99 | * | 365 / 4 | |
= | 337.91 |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
Alphatec Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Sep. 2024 ) | / | Average Total Inventories (Q: Sep. 2024 ) |
= | 47.99 | / | 177.7125 | |
= | 0.27 |
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.
Alphatec Holdings's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories (Q: Sep. 2024 ) | / | Revenue (Q: Sep. 2024 ) |
= | 177.7125 | / | 150.719 | |
= | 1.18 |
* 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 Alphatec Holdings's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
Patrick Miles | director, officer: Executive Chairman | 7475 LUSK BLVD., SAN DIEGO CA 92121 |
Evan Bakst | director | 225 CENTRAL PARK WEST, APT. 1605, NEW YORK NY 10024 |
David R Pelizzon | director, 10 percent owner | 2850 FRONTIER DR, WARSAW IN 46582 |
David M Demski | director | C/O GLOBUS MEDICAL, INC., 2560 GENERAL ARMISTEAD AVENUE, AUDUBON PA 19403 |
Tyson Eliot Marshall | officer: GENERAL COUNSEL & CORP. SEC. | 10680 TREENA STREET, SUITE 500, SAN DIEGO CA 92131 |
John Todd Koning | officer: Chief Financial Officer | C/O MASIMO CORPORATION, 52 DISCOVERY, IRVINE CA 92618 |
Quentin S. Blackford | director | 7475 LUSK BLVD., SAN DIEGO CA 92121 |
David Sponsel | officer: EVP, Sales | C/O ALPHATEC SPINE, INC., 5818 EL CAMINO REAL, CARLSBAD CA 92008 |
Scott Lish | officer: SVP, Development | C/O ALPHATEC SPINE, INC., 5818 EL CAMINO REAL, CARLSBAD CA 92008 |
Craig E Hunsaker | officer: See Remarks | C/O ALPHATEC HOLDINGS, INC., 5818 EL CAMINO REAL, CARLSBAD CA 92008 |
Tullis James L L | director, 10 percent owner | 100 FIRST STAMFORD PLACE, STAMFORD CT 06907 |
David H Mowry | director | 9775 TOLEDO, IRVINE CA 92618 |
Jennifer N. Pritzker | 10 percent owner | C/O SQUADRON CAPITAL LLC, 104 S. MICHIGAN AVENUE, SUITE 500, CHICAGO IL 60603 |
Elizabeth Ann Altman | director | 10070 BARNES CANYON ROAD, SAN DIEGO CA 92121 |
Paul Segal | 10 percent owner | 1700 BROADWAY, 35TH FLOOR, NEW YORK NY 10019 |
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