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IPGP (IPG Photonics) Total Inventories : $321 Mil (As of Sep. 2024)


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What is IPG Photonics Total Inventories?

IPG Photonics's total inventories for the quarter that ended in Sep. 2024 was $321 Mil. IPG Photonics's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $361 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. IPG Photonics's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $24.55.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. IPG Photonics's Days Inventory for the three months ended in Sep. 2024 was 183.86.

Inventory Turnover measures how fast the company turns over its inventory within a year. IPG Photonics's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.50.

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. IPG Photonics's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.55.


IPG Photonics Total Inventories Historical Data

The historical data trend for IPG Photonics'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.

IPG Photonics Total Inventories Chart

IPG Photonics 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 380.79 364.99 460.75 509.36 453.87

IPG Photonics 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 479.83 453.87 431.90 400.84 320.72

IPG Photonics 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.


IPG Photonics  (NAS:IPGP) 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.

IPG Photonics'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)
=(1019.315+0.75 * 163.541+0.5 * 320.723-240.518
-0-0)/43.2481
=24.55

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

IPG Photonics'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
=360.781/179.054*365 / 4
=183.86

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

IPG Photonics'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 )
=179.054 / 360.781
=0.50

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.

IPG Photonics'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 )
=360.781 / 233.143
=1.55

* 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.


IPG Photonics Total Inventories Related Terms

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IPG Photonics Business Description

Traded in Other Exchanges
Address
377 Simarano Drive, Marlborough, MA, USA, 01752
IPG Photonics Corp is a vertically integrated developer and manufacturer of high-performance fiber lasers, fiber amplifiers, and diode lasers, which are used in diverse applications in the manufacturing, automotive, industrial, aerospace, semiconductor, and consumer end markets. A large majority of the firm's revenue is derived from materials processing applications for fiber lasers, including cutting and welding, marking and engraving, and micro-processing. The company generates a majority of its revenue from China and also has its presence in North America, Japan, Germany, and other markets.
Executives
Jeanmarie F. Desmond director C/O E.I. DU PONT DE NEMOURS AND COMPANY, 974 CENTRE ROAD, BLDG. 730, WILMINGTON DE 19805
Eric Meurice director % VERIGY LTD, 5301 STEVENS CREEK BLVD, SANTA CLARA CA 95051
Valentin Gapontsev Trust I 10 percent owner 50 OLD WEBSTER ROAD, OXFORD MA 01540
Eugene A Shcherbakov director, officer: Managing Director of IPG Laser IPG PHOTONICS CORPORATION, 50 OLD WEBSTER ROAD, OXFORD MA 01540
Tang Agnes director C/O IPG PHOTONICS CORPORATION, 50 OLD WEBSTER ROAD, OXFORD MA 01540
Kolleen T Kennedy director VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304
Alexander Ovtchinnikov officer: Vice President IPG PHOTONICS CORPORATION, 50 OLD WEBSTER ROAD, OXFORD MA 01540
Gregory R Beecher director C/OTERADYNE INC, 600 RIVERPARK DRIVE, NORTH READING MA 01864
Timothy Pv Mammen officer: Vice President & CFO IPG PHOTONICS CORPORATION, 50 OLD WEBSTER ROAD, OXFORD MA 01540
Ip Fibre Devices Ltd 10 percent owner 660 MAIN STREET, STURBRIDGE MA 01566
Trevor Ness officer: VP World-Wide Sales and Mktg. C/O 50 OLD WEBSTER ROAD, OXFORD MA 01540
Igor Samartsev director, officer: Acting GM of NTO IRE-Polus IPG PHOTONICS CORPORATION, 50 OLD WEBSTER ROAD, OXFORD MA 01540
Angelo P Lopresti officer: VP, Secretary & Gen Counsel IPG PHOTONICS CORPORATION, 50 OLD WEBSTER ROAD, OXFORD MA 01540
Felix I Stukalin officer: SVP, North America Operations
Natalia Pavlova director 3 ORCHARD HILL ROAD, WESTBOROUGH MA 01581