Altria Group's total inventories for the quarter that ended in Sep. 2024 was $1,101 Mil. Altria Group's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $1,138 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Altria Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-20.70.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Altria Group's Days Inventory for the
three
months ended in Sep. 2024 was 67.58.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Altria Group's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.35.
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.
Altria Group's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.21.
Altria Group Total Inventories Historical Data
The historical data trend for Altria Group'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.
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.
Altria Group (NYSE:MO) 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.
Altria Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is
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.
Altria Group's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as
* 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.
Altria Group Total Inventories Related Terms
Thank you for viewing the detailed overview of Altria Group's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
Altria comprises Philip Morris USA, us Smokeless Tobacco, John Middleton, Horizon Innovations, and Helix Innovations. Through its tobacco subsidiaries, Altria maintains the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the us with 42% annual share in 2023. Beyond its core business, it holds an 8% interest in the world's largest brewer, Anheuser-Busch InBev, a 42% stake in cannabis manufacturer Cronos, acquired Njoy Holdings in 2023, and operates a joint venture with Japan Tobacco in the heated tobacco category. It also recently disposed of its investment in Juul Labs.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MO has been successfully added to your 