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Teledyne Technologies's total inventories for the quarter that ended in Sep. 2024 was $965 Mil. Teledyne Technologies's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $965 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Teledyne Technologies's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-68.48.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Teledyne Technologies's Days Inventory for the three months ended in Sep. 2024 was 106.91.
Inventory Turnover measures how fast the company turns over its inventory within a year. Teledyne Technologies's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.85.
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. Teledyne Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.67.
The historical data trend for Teledyne Technologies'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.
Teledyne Technologies Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Total Inventories | Get a 7-Day Free Trial | 393.40 | 347.30 | 752.90 | 890.70 | 917.70 |
Teledyne Technologies 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 | 962.00 | 917.70 | 933.20 | 965.70 | 964.80 |
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.
Teledyne Technologies (NYSE:TDY) 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.
Teledyne Technologies'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) | ||
= | (561 | + | 0.75 * 933.8 | + | 0.5 * 964.8 | - | 4931.2 |
- | 0 | - | 5.5) | / | 46.6242 | ||
= | -68.48 |
2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Teledyne Technologies'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 |
= | 965.25 | / | 823.9 | * | 365 / 4 | |
= | 106.91 |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
Teledyne Technologies'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 ) |
= | 823.9 | / | 965.25 | |
= | 0.85 |
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.
Teledyne Technologies'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 ) |
= | 965.25 | / | 1443.5 | |
= | 0.67 |
* 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 Teledyne Technologies's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
Robert Mehrabian | officer: Chairman, Pres. & CEO | C/O TELEDYNE TECHNOLOGIES INCORPORATED, 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360 |
Melanie Susan Cibik | officer: Sr. VP, General Counsel & Sec. | 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360 |
Von Schack Wesley W | director | ENERGY EAST CORP, PO BOX 3287, ITHACA NY 14852-3287 |
Jason Vanwees | officer: VP, Strategy, Mergers & Acq. | 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360 |
Simon M Lorne | director | 666 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10103 |
Charles Crocker | director | ONE POST ST, STE 2500, SAN FRANCISCO CA 94104 |
Michael T Smith | director | 190 NW SPANISH RIVER BOULEVARD, SUITE 101, BOCA RATON FL 33431 |
Kenneth C Dahlberg | director | SCIENCE APPLICATIONS INTERNATIONAL CORP., 10260 CAMPUS POINT DRIVE, SAN DIEGO CA 92121 |
Sue Main | officer: VP & Controller | TELEDYNE TECHNOLOGIES INCORPORATED, 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360 |
Jane Cecile Sherburne | director | ONE WALL STREET, NEW YORK NY 10286 |
Stephen Finis Blackwood | officer: Senior VP & Treasurer | 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360 |
Bobb George C Iii | officer: See Remarks | 1039 CAMINO DOS RIOS, THOUSAND OAKS CA 91360 |
Cynthia Y Belak | officer: Vice President and Controller | 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360 |
Vincent J Morales | director | PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272 |
Aldo Pichelli | officer: Segment President & COO | TELEDYNE TECHNOLOGIES INCORPORATED, 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360 |
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