GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Teledyne Technologies Inc (NYSE:TDY) » Definitions » Total Inventories

TDY (Teledyne Technologies) Total Inventories : $965 Mil (As of Sep. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Teledyne Technologies Total Inventories?

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.


Teledyne Technologies Total Inventories Historical Data

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.

* Premium members only.

Teledyne Technologies Total Inventories Chart

Teledyne Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 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 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 962.00 917.70 933.20 965.70 964.80

Teledyne Technologies 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.


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.


Teledyne Technologies Total Inventories Related Terms

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.


Teledyne Technologies Business Description

Traded in Other Exchanges
Address
1049 Camino Dos Rios, Thousand Oaks, CA, USA, 91360-2362
Teledyne Technologies Inc sells technologies for industrial markets. Roughly a fourth of Teledyne's revenue comes from contracts with the United States government. The firm operates in four segments: instrumentation, digital imaging, aerospace and defense electronics, and engineered systems. The instrumentation segment provides monitoring instruments primarily for marine and environmental applications. The digital imaging segment contributes the largest proportion of revenue and includes image sensors and cameras for industrial, government, and medical customers. The aerospace and defense electronics segment provides electronic components and communication products for aircraft. The engineered systems segment provides solutions for defense, space, environmental, and energy applications.
Executives
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