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OCC (Optical Cable) Total Inventories : $19.26 Mil (As of Jul. 2024)


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What is Optical Cable Total Inventories?

Optical Cable's total inventories for the quarter that ended in Jul. 2024 was $19.26 Mil. Optical Cable's average total inventories from the quarter that ended in Apr. 2024 to the quarter that ended in Jul. 2024 was $20.37 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Optical Cable's Net-Net Working Capital per share for the quarter that ended in Jul. 2024 was $-0.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Optical Cable's Days Inventory for the three months ended in Jul. 2024 was 151.11.

Inventory Turnover measures how fast the company turns over its inventory within a year. Optical Cable's Inventory Turnover for the quarter that ended in Jul. 2024 was 0.60.

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. Optical Cable's Inventory-to-Revenue for the quarter that ended in Jul. 2024 was 1.26.


Optical Cable Total Inventories Historical Data

The historical data trend for Optical Cable'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.

Optical Cable Total Inventories Chart

Optical Cable Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.10 17.10 16.30 19.44 23.77

Optical Cable Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 24.95 23.77 23.02 21.49 19.26

Optical Cable 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.


Optical Cable  (NAS:OCC) 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.

Optical Cable's Net-Net Working Capital Per Share for the quarter that ended in Jul. 2024 is

Net-Net Working Capital Per Share (Q: Jul. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.797+0.75 * 8.589+0.5 * 19.259-17.245
-0-0)/7.89049
=-0.05

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

Optical Cable's Days Inventory for the three months ended in Jul. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jul. 2024 )/Cost of Goods Sold (Q: Jul. 2024 )*Days in Period
=20.3725/12.302*365 / 4
=151.11

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

Optical Cable's Inventory Turnover for the quarter that ended in Jul. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jul. 2024 ) / Average Total Inventories (Q: Jul. 2024 )
=12.302 / 20.3725
=0.60

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.

Optical Cable's Inventory to Revenue for the quarter that ended in Jul. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jul. 2024 ) / Revenue (Q: Jul. 2024 )
=20.3725 / 16.222
=1.26

* 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.


Optical Cable Total Inventories Related Terms

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Optical Cable Business Description

Traded in Other Exchanges
N/A
Address
5290 Concourse Drive, Roanoke, VA, USA, 24019
Optical Cable Corp manufactures tight-buffered fiber optic & copper data communication cables, data communication connectivity solutions for enterprise markets, and customized solutions for specialty use & harsh environments. Its products and services include designs and customized products for specialty applications and harsh environments, cabling, connectors, patch cords, assemblies, racks, cabinets, datacom enclosures, patch panels, faceplates, and multi-media boxes. The company supplies its products and services to industries such as the military, industrial, mining, petrochemical, broadcast, oil & gas, and others.
Executives
Randall H Frazier director
Wilkin Neil D Jr director, officer: President and CFO
Williamson John B Iii director PO BOX 13007, ROANOKE VA 24030
Nygren John A Jr director 567 SEAFORD LANE, MATHEWS VA 23109
Craig H Weber director
William Russell Reynolds officer: SR VP OF SALES 106 DISTANT VIEW DRIVE, ASHEVILLE NC 28803
Tracy G Smith officer: Chief Financial Officer
Luke J Huybrechts director, officer: SVP Sales
Charles W Carson officer: SVP Marketing & Strategy
Ted W Leonard officer: VP Sales - USA
John M Holland director