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Dell (DELL) Total Inventories : $1,468.00 Mil (As of Jul. 2013)


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What is Dell Total Inventories?

Dell's total inventories for the quarter that ended in Jul. 2013 was $1,468.00 Mil. Dell's average total inventories from the quarter that ended in Apr. 2013 to the quarter that ended in Jul. 2013 was $1,427.50 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Dell's Net-Net Working Capital per share for the quarter that ended in Jul. 2013 was $-10.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dell's Days Inventory for the three months ended in Jul. 2013 was 11.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dell's Inventory Turnover for the quarter that ended in Jul. 2013 was 8.28.

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. Dell's Inventory-to-Revenue for the quarter that ended in Jul. 2013 was 0.10.


Dell Total Inventories Historical Data

The historical data trend for Dell'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.

Dell Total Inventories Chart

Dell Annual Data
Trend Jan04 Jan05 Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 867.00 1,051.00 1,301.00 1,404.00 1,382.00

Dell Quarterly Data
Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13
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 1,615.00 1,364.00 1,382.00 1,387.00 1,468.00

Dell 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.


Dell  (DELISTED:DELL) 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.

Dell's Net-Net Working Capital Per Share for the quarter that ended in Jul. 2013 is

Net-Net Working Capital Per Share (Q: Jul. 2013 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(11828+0.75 * 6591+0.5 * 1468-35090
-0-0)/1756.07
=-10.01

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

Dell's Days Inventory for the three months ended in Jul. 2013 is calculated as:

Days Inventory=Average Total Inventories (Q: Jul. 2013 )/Cost of Goods Sold (Q: Jul. 2013 )*Days in Period
=1427.5/11825*365 / 4
=11.02

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

Dell's Inventory Turnover for the quarter that ended in Jul. 2013 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jul. 2013 ) / Average Total Inventories (Q: Jul. 2013 )
=11825 / 1427.5
=8.28

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.

Dell's Inventory to Revenue for the quarter that ended in Jul. 2013 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jul. 2013 ) / Revenue (Q: Jul. 2013 )
=1427.5 / 14514
=0.10

* 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.


Dell Total Inventories Related Terms

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Dell (DELL) Business Description

Traded in Other Exchanges
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Address
Dell Inc is a Delaware Corporation, which was founded in 1984. The Company offers a range of technology solutions, including servers and networking products, storage products, services, software and peripherals, mobility products, and desktop PCs. The Company sells its products and services directly to customers through dedicated distribution channels, such as retailers, distributors, and resellers. Its business segments are Large Enterprise, Public, Small and Medium Business ('SMB'), and Consumer. Large Enterprise customers include large global and national corporate businesses. Public customers, which include educational institutions, government, health care, and law enforcement agencies, operate in their own communities. SMB segment is focused on helping small and medium-sized businesses get the most out of their technology by offering scalable products, services, and solutions. Consumer segment is focused on delivering what customers want from the total technology experience of entertainment, mobility, gaming, and design. The Company designs, develops, manufactures, markets, sells, and supports a range of products, solutions, and services. The Company also provides various customer financial services to its Commercial and Consumer customers. Its enterprise solutions include servers, networking, and storage products. The Company's services include a range of configurable IT and business services, including infrastructure technology, consulting and applications, and product-related support services. The Company offers Dell-branded printers and displays and a multitude of competitively priced third-party peripheral products such as printers, televisions, notebook accessories, mice, keyboards, networking and wireless products, digital cameras, and other products. The Company also sells a range of third-party software products, including operating systems, business and office applications, anti-virus and related security software, entertainment software, and products in various other categories. Client Products offers a variety of mobility and desktop products, including notebooks, workstations, tablets, smartphones, and desktop PCs, to its Commercial and Consumer customers. The Company offers or arranges various financing options and services for its Commercial and Consumer customers in the U.S. and Canada through Dell Financial Services ('DFS'). DFS offers a range of financial services, including originating, collecting, and servicing customer receivables related to the purchase of Dell products. DFS offers private label credit financing programs to qualified Consumer and Commercial customers and offers leases and fixed-term financing to Commercial customers. The Company sells its products and services directly to customers and through various other sales distribution channels, such as retailers, third-party solution providers, system integrators, and third-party resellers. Its customers include large global and national corpora