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Telephone and Data Systems's total inventories for the quarter that ended in Sep. 2024 was $167 Mil. Telephone and Data Systems's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $158 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Telephone and Data Systems's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-74.81.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Telephone and Data Systems's Days Inventory for the three months ended in Sep. 2024 was 27.85.
Inventory Turnover measures how fast the company turns over its inventory within a year. Telephone and Data Systems's Inventory Turnover for the quarter that ended in Sep. 2024 was 3.28.
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. Telephone and Data Systems's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.13.
The historical data trend for Telephone and Data Systems'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.
Telephone and Data Systems Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Total Inventories | Get a 7-Day Free Trial | 169.00 | 154.00 | 178.00 | 268.00 | 208.00 |
Telephone and Data Systems 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 | 181.00 | 208.00 | 184.00 | 148.00 | 167.00 |
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.
Telephone and Data Systems (NYSE:TDS) 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.
Telephone and Data Systems'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) | ||
= | (451 | + | 0.75 * 929 | + | 0.5 * 167 | - | 7837 |
- | 1074 | - | 814) | / | 113.539 | ||
= | -74.81 |
2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Telephone and Data Systems'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 |
= | 157.5 | / | 516 | * | 365 / 4 | |
= | 27.85 |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
Telephone and Data Systems'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 ) |
= | 516 | / | 157.5 | |
= | 3.28 |
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.
Telephone and Data Systems'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 ) |
= | 157.5 | / | 1224 | |
= | 0.13 |
* 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.
Thank you for viewing the detailed overview of Telephone and Data Systems's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
Clarence A Davis | director | ONEIDA LTD., 163-181 KENWOOD AVENUE, ONEIDA NY 13421 |
Vicki L Villacrez | officer: Executive Vice President & CFO | 30 N. LASALLE STREET, SUITE 4000, CHICAGO IL 60602 |
Dirk S Woessner | director | 30 N. LASALLE STREET, SUITE 4000, CHICAGO IL 60602 |
Kurt B Thaus | officer: Senior VP - CIO | 30 N LASALLE STREET STE 4000, CHICAGO IL 60602 |
Prudence E Carlson | director | 30 N LASALLE STREET SUITE 4000, CHICAGO IL 60602 |
Joseph R Hanley | officer: VP Technology Planning Service | 535 JUNCTION ROAD, MADISON WI 53717 |
Gary L Sugarman | director | C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686 |
Laurent C Therivel | director, officer: President of a Subsidiary | 8410 W. BRYN MAWR STREET, CHICAGO IL 60631 |
Mizuho Securities Usa Llc | other: See Remarks | 1271 AVENUE OF THE AMERICAS, FLOORS - 2,3,4,18,19, NEW YORK NY 10020 |
Wade Oosterman | director | C/O INGRAM MICRO INC., 1600 E. ST. ANDREW PLACE, SANTA ANA CA 92705 |
Anita J Kroll | officer: VP, Controller & CAO | 30 N. LASALLE STREET, SUITE 4000, CHICAGO IL 60602 |
Scott H Williamson | officer: Senior Vice President | C/O TDS INC, 30 N. LASALLE ST #4000, CHICAGO IL 60602 |
Mitchell H Saranow | director | C/O METZLER GROUP INC, 520 LAKE COOK ROAD SUITE 500, DEERFIELD IL 60015 |
Kenneth R Meyers | director, officer: Executive Vice President & CFO | |
James W Butman | officer: President & CEO of subsidiary | 30 N. LASALLE STREET, STE. 4000, CHICAGO IL 60602 |
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