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DZS's total inventories for the quarter that ended in Sep. 2024 was $79.1 Mil. DZS's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $79.6 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. DZS's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-1.94.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. DZS's Days Inventory for the three months ended in Sep. 2024 was 269.84.
Inventory Turnover measures how fast the company turns over its inventory within a year. DZS's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.34.
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. DZS's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 2.09.
The historical data trend for DZS'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.
DZS Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Total Inventories | Get a 7-Day Free Trial | 35.44 | 39.57 | 56.89 | 94.29 | 82.23 |
DZS 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 | 107.74 | 82.23 | 31.81 | 80.15 | 79.09 |
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.
DZS (OTCPK:DZSI) 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.
DZS'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) | ||
= | (5.736 | + | 0.75 * 34.216 | + | 0.5 * 79.087 | - | 146.169 |
- | 0 | - | 0) | / | 38.741 | ||
= | -1.94 |
2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
DZS'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 |
= | 79.618 | / | 26.924 | * | 365 / 4 | |
= | 269.84 |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
DZS'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 ) |
= | 26.924 | / | 79.618 | |
= | 0.34 |
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.
DZS'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 ) |
= | 79.618 | / | 38.149 | |
= | 2.09 |
* 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 DZS's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
Gunter Reiss | officer: Chief Customer Officer, AEMEA | 2300 ORCHARD PARKWAY, SAN JOSE CA 95131 |
Justin K. Ferguson | officer: Chief Legal Officer | C/O DZS INC., 5700 TENNYSON PARKWAY SUITE 400, PLANO TX 75024 |
Charles D Vogt | director, officer: President & CEO | TEKELEC, 26580 WEST AGOURA ROAD, CALABASAS CA 91302 |
Misty Dawn Kawecki | officer: Chief Financial Officer | C/O DZS INC., 7500 TENNYSON PARKWAY, PLANO TX 75024 |
Barbara Carbone | director | 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401 |
Min Woo Nam | director | C/O ZHONE TECHNOLOGIES, INC., 7195 OAKPORT STREET, OAKLAND CA 94621 |
David R Schopp | director | C/O DASAN ZHONE SOLUTIONS, INC., 7195 OAKPORT ST., OAKLAND CA 94621 |
Choon Yul Yoo | director | C/O DASAN ZHONE SOLUTIONS, INC., 7195 OAKPORT ST., OAKLAND CA 94621 |
Joon Kyung Kim | director | 3200 WILSHIRE BLVD STE 1400, LOS ANGELES CA 90010 |
Matthew W Bross | director | C/O 4 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886 |
Norman L Foust | officer: SVP of Global Supply Chain | C/O CYAN, INC., 1383 N. MCDOWELL BLVD., SUITE 300, PETALUMA CA 94954 |
Miguel Alonso | officer: Chief Product Officer | 5700 TENNYSON PARKWAY, SUITE 400, PLANO TX 75024 |
Thomas Arthur Carter | officer: Chief Customer Officer, AEMEA | 5700 TENNYSON PARKWAY, SUITE 400, PLANO TX 75024 |
Deok Yeon Won | officer: Chief Customer Officer, Asia | 5700 TENNYSON PARKWAY, SUITE 400, PLANO TX 75024 |
Dasan Networks, Inc | 10 percent owner | DASAN TOWER, 49, DAEWANGPANGYO-RO, 644 BEON-GIL, BUNDANG-GU, SEONGNAM-SI GYEONGGI-DO M5 13493 |
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