TCOPJ.PFD (Taubman Centers) Total Inventories : $0.00 Mil (As of Sep. 2020)

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What is Taubman Centers Total Inventories?

Taubman Centers's total inventories for the quarter that ended in Sep. 2020 was $0.00 Mil. Taubman Centers's average total inventories from the quarter that ended in Jun. 2020 to the quarter that ended in Sep. 2020 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Taubman Centers's Net-Net Working Capital per share for the quarter that ended in Sep. 2020 was $N/A.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Taubman Centers's Days Inventory for the three months ended in Sep. 2020 was 0.00.

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

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. Taubman Centers's Inventory-to-Revenue for the quarter that ended in Sep. 2020 was 0.00.

Taubman Centers Total Inventories Historical Data

The historical data trend for Taubman Centers'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.

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Taubman Centers Total Inventories Chart

Taubman Centers Annual Data

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Total Inventories

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Taubman Centers Quarterly Data
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Total Inventories	Get a 7-Day Free Trial															-	-	-	-	-

Taubman Centers 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.

Taubman Centers (NYSE:TCOpJ.PFD) 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.

Taubman Centers's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2020 is

	Net-Net Working Capital Per Share (Q: Sep. 2020 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(256.512	+	0.75 * 172.525	+	0.5 * 0	-	4877.541
-	0.026	-	-201.205)	/	0
=	N/A

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

Taubman Centers's Days Inventory for the three months ended in Sep. 2020 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2020 )	/	Cost of Goods Sold (Q: Sep. 2020 )	*	Days in Period
	=	0	/	0.435	*	365 / 4
	=	0.00

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

Taubman Centers's Inventory Turnover for the quarter that ended in Sep. 2020 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2020 )	/	Average Total Inventories (Q: Sep. 2020 )
	=	0.435	/	0
	=	N/A

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.

Taubman Centers's Inventory to Revenue for the quarter that ended in Sep. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2020 )	/	Revenue (Q: Sep. 2020 )
	=	0	/	130.998
	=	0.00

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.

Taubman Centers Total Inventories Related Terms

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Taubman Centers Business Description

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Address

200 East Long Lake Road, Suite 300, Bloomfield Hills, MI, USA, 48304-2324

Website

http://www.taubman.com

Taubman Centers Inc is engaged in the ownership, leasing, acquisition, disposition, development, expansion, and management of shopping centers. The company owns or operates a collection of over 20 urban and suburban shopping centers in U.S. states, Puerto Rico, South Korea, and China. Some of the operating malls of the group are Cherry Creek Shopping center, City Creek Center, Dolphin Mall, Fair Oaks Mall, and Stamford Town Center. Taubman derives its revenue by offering its properties on lease.