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THRM (Gentherm) Total Inventories : $227 Mil (As of Dec. 2024)


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What is Gentherm Total Inventories?

Gentherm's total inventories for the quarter that ended in Dec. 2024 was $227 Mil. Gentherm's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $231 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Gentherm's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-6.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gentherm's Days Inventory for the three months ended in Dec. 2024 was 78.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gentherm's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.16.

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. Gentherm's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.65.


Gentherm Total Inventories Historical Data

The historical data trend for Gentherm'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.

Gentherm Total Inventories Chart

Gentherm Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 122.40 159.48 218.25 205.89 227.36

Gentherm Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 205.89 219.58 214.37 233.75 227.36

Gentherm 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.


Gentherm  (NAS:THRM) 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.

Gentherm's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(134.134+0.75 * 258.112+0.5 * 227.356-630.609
-0-0)/30.789
=-6.15

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

Gentherm's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=230.551/266.81*365 / 4
=78.85

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

Gentherm's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=266.81 / 230.551
=1.16

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.

Gentherm's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=230.551 / 352.914
=0.65

* 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.


Gentherm Total Inventories Related Terms

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Gentherm Business Description

Traded in Other Exchanges
Address
28875 Cabot Drive, Novi, MI, USA, 48377
Gentherm Inc is an automotive parts manufacturer. The business activities of the group function through the Automotive and Medical segments. The vast majority of the firm's revenue comes from the Automotive segment, which includes automotive climate comfort systems, automotive cable systems, battery performance solutions, and automotive electronics and software systems. The medical segment is comprised of the results from the patient temperature management business in the medical industry. Its geographical segments are the United States, China, South Korea, Germany, Japan, the Czech Republic, and other countries.
Executives
Thomas Stocker officer: SVP and General Manager 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Hui (helen) Xu officer: SVP and General Manager 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Rafael Barkas officer: SVP, Global Ops & Supply Chain 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Phillip Eyler director, officer: Chief Executive Officer C/O HARMAN INTERNATIONAL INDUSTRIES, INC, 400 ATLANTIC STREET, STAMFORD CT 06901
Yijing Brentano officer: Senior VP IR and Corp Comm 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Kenneth E Washington director 6555 STATE HWY 161, IRVING TX 75039
Vishnu Sundaram officer: Chief Technology Officer 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Kauffman Wayne S Iii officer: VP and General Counsel 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Breisacher Nicholas officer: Chief Accounting Officer 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Barbara J Runyon officer: Chief Human Resources Officer 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Matthew Fisch officer: SVP & Chief Technology Officer 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Jaymi Wilson officer: SVP, Global Sales 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Jennifer L. Zoldos officer: Chief Accounting Officer 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Paul Cameron Giberson officer: Sr. VP Sales 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Matteo Anversa officer: Ex VP, CFO & Treasurer 1293 SOUTH MAIN STREET, AKRON OH 44301