TCCO (Technical Communications) Total Inventories: $1.24 Mil (As of Jun. 2023)


TCCO Technical Communications Corp TCCO
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What is Technical Communications Total Inventories?

Technical Communications TCCO 12 Total Inventories is $1.24 Mil as of Jun. 2023. GuruFocus rates TCCO with a GF Score™ of 12/100.

Technical Communications's total inventories for the quarter that ended in Jun. 2023 was $1.24 Mil. Technical Communications's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Jun. 2023 was $1.11 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Technical Communications's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-2.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Technical Communications's Days Inventory for the three months ended in Jun. 2023 was 1,578.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. Technical Communications's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.06.

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. Technical Communications's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 31.63.


Technical Communications  (OTCPK:TCCO) 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.

Technical Communications's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is

Net-Net Working Capital Per Share (Q: Jun. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.045+0.75 * 0.014+0.5 * 1.241-5.513
-0-0)/1.854
=-2.61

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

Technical Communications's Days Inventory for the three months ended in Jun. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=1.107/0.064*365 / 4
=1,578.34

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

Technical Communications's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=0.064 / 1.107
=0.06

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.

Technical Communications's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=1.107 / 0.035
=31.63

* 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.


Technical Communications Total Inventories Related Terms


Technical Communications Total Inventories Historical Data

* Premium members only.

The historical data trend for Technical Communications'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.

Technical Communications Total Inventories Chart

Technical Communications Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.37 1.04 0.90 1.16 0.97

Technical Communications Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 1.09 0.97 0.97 0.97 1.24
TCCO
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Technical Communications Corp TCCO
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Technical Communications 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $1.24 Mil mean?
Technical Communications (TCCO) has a Total Inventories of $1.24 Mil as of Jun. 2023. The total amount of inventory as recorded on a company's balance sheet. View historical data for Technical Communications and its competitors.
Is Technical Communications' Total Inventories too high?
Technical Communications' current Total Inventories is $1.24 Mil. Overall, Technical Communications has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Technical Communications' Total Inventories compare to CASSQ and TPTW?
Technical Communications' Total Inventories of $1.24 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Hardware company?
A good Total Inventories depends on the Hardware industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Technical Communications and its competitors. Technical Communications's current Total Inventories is $1.24 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technical Communications stock overvalued right now?
Technical Communications (TCCO) has a current Total Inventories of $1.24 Mil. The current Total Inventories is $1.24 Mil. Technical Communications' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Technical Communications (TCCO), the current Total Inventories is $1.24 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Technical Communications Business Description

Address 100 Domino Drive, Concord, MA, USA, 01742-2892
Technical Communications Corp designs, develops, manufactures, distributes, and markets communications security equipment. The company produces and supplies several custom-designed, special-purpose, and standard secure communications products for both domestic and international customers. Its products consist of voice, data, facsimile encryptors and video networks for military, government and corporate/industrial applications. In addition to product sales, it generates revenues from contract engineering services for certain government agencies, domestic and foreign, and commercial entities.
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