GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Eaton Corp PLC (NYSE:ETN) » Definitions » Total Inventories

Eaton (ETN) Total Inventories : $4,227 Mil (As of Dec. 2024)


View and export this data going back to 1948. Start your Free Trial

What is Eaton Total Inventories?

Eaton's total inventories for the quarter that ended in Dec. 2024 was $4,227 Mil. Eaton's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $4,203 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Eaton's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-31.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Eaton's Days Inventory for the three months ended in Dec. 2024 was 100.62.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eaton's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.91.

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. Eaton's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.67.


Eaton Total Inventories Historical Data

The historical data trend for Eaton'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.

Eaton Total Inventories Chart

Eaton Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,109.00 2,969.00 3,430.00 3,739.00 4,227.00

Eaton Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 3,739.00 3,868.00 3,963.00 4,178.00 4,227.00

Eaton 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.


Eaton  (NYSE:ETN) 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.

Eaton's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2080+0.75 * 4619+0.5 * 4227-19850
-0-43)/392.900
=-31.14

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

Eaton's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=4202.5/3811*365 / 4
=100.62

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

Eaton's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=3811 / 4202.5
=0.91

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.

Eaton's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=4202.5 / 6240
=0.67

* 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.


Eaton Total Inventories Related Terms

Thank you for viewing the detailed overview of Eaton's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Eaton Business Description

Address
30 Pembroke Road, Eaton House, Dublin, IRL, D04 Y0C2
Founded in 1911 by Joseph Eaton, the eponymous company began by selling truck axles in New Jersey. Eaton has since become an industrial powerhouse largely through acquisitions in various end markets. Eaton's portfolio can broadly be divided into two parts: its electrical and industrial businesses. Its electrical portfolio (representing around 70% of company revenue) sells components within data centers, utilities, and commercial and residential buildings, while its industrial business (30% of revenue) sells components within commercial and passenger vehicles and aircraft. Eaton receives favorable tax treatment as a domiciliary of Ireland, but it generates over half of its revenue within the US.
Executives
Gregory R Page director EATON CENTER, 1111 SUPERIOR AVENUE, CLEVELAND OH 44114
Heath B. Monesmith officer: See Remarks below. 600 TRAVIS, SUITE 5600, HOUSTON TX 77002
Szmagala Taras G. Jr. officer: See remarks below C/O EATON CORPORATION PLC, 1000 EATON BOULEVARD, CLEVELAND OH 44122
Marshall Ernest W Jr officer: See Remarks below. 1000 EATON BLVD, CLEVELAND OH 44122
Craig Arnold director, officer: See Remarks below. EATON CENTER, 1111 SUPERIOR AVENUE, CLEVELAND OH 44114
Dorothy C Thompson director 1000 EATON BLVD., CLEVELAND OH 44122
Michael Yelton officer: See remarks below C/O EATON CORPORATION PLC, 1000 EATON BLVD., CLEVELAND OH 44122
Peter Denk officer: See remarks below C/O EATON CORPORATION PLC, 1000 EATON BLVD., CLEVELAND OH 44122
Olivier Leonetti director 5757 N. GREEN BAY AVENUE, P.O. BOX 591, MILWAUKEE WI 53201
Sternadt Paulo Ruiz officer: See remarks below 1000 EATON BLVD., CLEVELAND OH 44122
Thomas B Okray officer: See Remarks below. 5008 AIRPORT ROAD NW, ROANOKE VA 24012
Nandakumar Cheruvatath officer: See Remarks below 1000EATON BLVD., CLEVELAND OH 44122
Joao V Faria officer: See Remarks below. 1000 EATON BLVD., CLEVELAND OH 44122
Daniel Roy Hopgood officer: See Remarks below. 2135 WEST MAPLE ROAD, TROY MI 48084-7186
Brian S Brickhouse officer: See Remarks below. 1000 EATON BLVD., CLEVELAND OH 44122