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ICHR (Ichor Holdings) Total Inventories : $239.4 Mil (As of Sep. 2024)


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What is Ichor Holdings Total Inventories?

Ichor Holdings's total inventories for the quarter that ended in Sep. 2024 was $239.4 Mil. Ichor Holdings's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $235.4 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ichor Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $0.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ichor Holdings's Days Inventory for the three months ended in Sep. 2024 was 117.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ichor Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.78.

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. Ichor Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.11.


Ichor Holdings Total Inventories Historical Data

The historical data trend for Ichor 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.

* Premium members only.

Ichor Holdings Total Inventories Chart

Ichor Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 127.04 134.76 236.13 283.66 245.89

Ichor 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 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 266.90 245.89 240.68 231.48 239.36

Ichor Holdings 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.


Ichor Holdings  (NAS:ICHR) 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.

Ichor 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)
=(116.447+0.75 * 84.15+0.5 * 239.359-278.627
-0-0)/33.7249
=0.61

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

Ichor 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
=235.417/183.348*365 / 4
=117.16

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

Ichor 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 )
=183.348 / 235.417
=0.78

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.

Ichor 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 )
=235.417 / 211.139
=1.11

* 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.


Ichor Holdings Total Inventories Related Terms

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Ichor Holdings Business Description

Traded in Other Exchanges
Address
3185 Laurelview Court, Fremont, CA, USA, 94538
Ichor Holdings Ltd is engaged in the design, engineering, and manufacturing of critical fluid delivery subsystems and components for semiconductor capital equipment. The product offerings include gas and chemical delivery subsystems, collectively known as fluid delivery subsystems, which are key elements of the process tools used in the manufacturing of semiconductor devices. The company also manufactures machined components, weldments, and proprietary products for use in fluid delivery systems. Geographically, the company operates in the United States, the United Kingdom, Singapore, Malaysia, Korea, and Mexico, of which a majority of the revenue is generated from Singapore.
Executives
Barros Philip Ryan Sr. officer: Chief Technology Officer 3185 LAUREL VIEW CT., FREMONT CA 94538
Jeff Andreson officer: Chief Financial Officer 3560 BASSETT STREET, SANTA CLARA CA 95054
Thomas M Rohrs director, officer: Chief Executive Officer 2 RESULTS WAY, CUPERTINO CA 95014
Christopher Smith officer: Chief Commercial Officer 3560 BASSETT STREET, SANTA CLARA CA 95054
Greg Swyt officer: Chief Financial Officer C/O ONTO INNOVATION INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
Marc Haugen director C/O CEPHEID, 904 CARIBBEAN DRIVE, SUNNYVALE CA 94089
Bruce Ragsdale officer: Chief Operating Officer 3185 LAURELVIEW CT, FREMONT CA 94538
Jorge Titinger director 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Iain Mackenzie director C/O SMART GLOBAL HOLDINGS, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Paul Chhabra officer: Chief Operating Officer 9255 COVERDALE ROAD, FORT WAYNE IN 46809
Kevin M. Canty officer: Chief Operating Officer 3185 LAURELVIEW CT., FREMONT CA 94538
Yuval Wasserman director 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Sarah A O'dowd director 3185 LAURELVIEW COURT, FREMONT CA 94538
Wendy Arienzo director 5245 HELLYER AVE, SAN JOSE CA 95138
Larry J Sparks officer: Chief Financial Officer 3185 LAURELVIEW CT, FREMONT CA 94538