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MTD (Mettler-Toledo International) Total Inventories : $376 Mil (As of Sep. 2024)


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What is Mettler-Toledo International Total Inventories?

Mettler-Toledo International's total inventories for the quarter that ended in Sep. 2024 was $376 Mil. Mettler-Toledo International's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $371 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Mettler-Toledo International's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-129.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mettler-Toledo International's Days Inventory for the three months ended in Sep. 2024 was 88.63.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mettler-Toledo International's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.03.

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. Mettler-Toledo International's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.39.


Mettler-Toledo International Total Inventories Historical Data

The historical data trend for Mettler-Toledo International'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.

Mettler-Toledo International Total Inventories Chart

Mettler-Toledo International 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 274.29 297.61 414.54 441.69 385.87

Mettler-Toledo International 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 375.96 385.87 373.67 366.40 375.81

Mettler-Toledo International 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.


Mettler-Toledo International  (NYSE:MTD) 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.

Mettler-Toledo International'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)
=(71.574+0.75 * 637.202+0.5 * 375.813-3474.181
-0-0)/21.1027
=-129.69

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

Mettler-Toledo International'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
=371.104/382.068*365 / 4
=88.63

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

Mettler-Toledo International'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 )
=382.068 / 371.104
=1.03

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.

Mettler-Toledo International'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 )
=371.104 / 954.535
=0.39

* 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.


Mettler-Toledo International Total Inventories Related Terms

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Mettler-Toledo International Business Description

Traded in Other Exchanges
Address
1900 Polaris Parkway, Columbus, OH, USA, 43240
Mettler-Toledo supplies weighing and precision instruments to customers in the life sciences (around 55% of sales), industrial (around 39%), and food retail (around 6%) industries. Its products include laboratory and retail scales, pipettes, pH meters, thermal analysis equipment, titrators, metal detectors, and X-ray analyzers. Mettler leads the market for weighing instrumentation and controls more than 50% of the market for lab balances. The business is geographically diversified, with the Americas accounting for about 37% of sales, Europe about 26%, China about 19% and the rest of the world about 18%.
Executives
Gerry Keller officer: Head of Process Analytics 1900 POLARIS PKWY, COLUMBUS OH 43240
Elisha W Finney director C/O VARIAN MEDICAL SYSTEMS, INC, 3100 HANSEN WAY M/S E-327, PALO ALTO CA 94304
Christian Magloth officer: Head of Human Resources IM LANGACHER, GREIFENSEE V8 8608
Shawn Vadala officer: Chief Financial Officer 1900 POLARIS PKWY, COLUMBUS OH 43240
Thomas P Salice director
Michael A Kelly director 1900 POLARIS PKWY, COLUMBUS OH 43240
Roland D Diggelmann director 3950 SOUTH COUNTRY CLUB ROAD, SUITE 470, TUCSON AZ 85714
Wolfgang Wienand director IM LANGACHER 44, GREIFENSEE V8 8606
Wong Ann Ping Richard officer: Head of Asia/Pac Market Orgs IM LANGACHER 44, GREIFENSEE V8 8606
Wah-hui Chu director IM LANGACHER, GREIFENSEE V8 8606
Oliver A Filliol director METTLER TOLEDO INTL INC, IM LANGACHER 44, GREIFENSEE V8 8606
Robert F Spoerry director METTLER TOLEDO INTL INC, IM LANGACHER, GREIFENSEE V8 99999
Peter Aggersbjerg officer: Head of Divisions & Operations 1900 POLARIS PKWY, COLUMBUS OH 43240
Ingrid Zhang director IM LANGACHER 44, GREIFENSEE V8 8606
De La Guerroniere Marc officer: Head of Eur & NA Market Orgs IM LANGACHER, GREIFENSEE V8 8606