XCOMQ (Xtera Communications) Total Inventories: $11.72 Mil (As of Jun. 2016)

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What is Xtera Communications Total Inventories?

Xtera Communications XCOMQ -99.00% Total Inventories is $11.72 Mil as of Jun. 2016.

Xtera Communications's total inventories for the quarter that ended in Jun. 2016 was $11.72 Mil. Xtera Communications's average total inventories from the quarter that ended in Mar. 2016 to the quarter that ended in Jun. 2016 was $12.40 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Xtera Communications's Net-Net Working Capital per share for the quarter that ended in Jun. 2016 was $-2.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Xtera Communications's Days Inventory for the three months ended in Jun. 2016 was 59.15.

Inventory Turnover measures how fast the company turns over its inventory within a year. Xtera Communications's Inventory Turnover for the quarter that ended in Jun. 2016 was 1.54.

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. Xtera Communications's Inventory-to-Revenue for the quarter that ended in Jun. 2016 was 2.32.


Xtera Communications  (OTCPK:XCOMQ) 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.

Xtera Communications's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2016 is

Net-Net Working Capital Per Share (Q: Jun. 2016 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.614+0.75 * 5.198+0.5 * 11.724-59.452
-0-0)/17.225
=-2.85

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

Xtera Communications's Days Inventory for the three months ended in Jun. 2016 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2016 )/Cost of Goods Sold (Q: Jun. 2016 )*Days in Period
=12.395/19.121*365 / 4
=59.15

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

Xtera Communications's Inventory Turnover for the quarter that ended in Jun. 2016 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2016 ) / Average Total Inventories (Q: Jun. 2016 )
=19.121 / 12.395
=1.54

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.

Xtera Communications's Inventory to Revenue for the quarter that ended in Jun. 2016 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2016 ) / Revenue (Q: Jun. 2016 )
=12.395 / 5.347
=2.32

* 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.


Xtera Communications Total Inventories Related Terms


Xtera Communications Total Inventories Historical Data

* Premium members only.

The historical data trend for Xtera Communications'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.

Xtera Communications Total Inventories Chart

Xtera Communications Annual Data
Trend Sep13 Sep14 Sep15
Total Inventories
13.99 9.37 10.54

Xtera Communications Quarterly Data
Sep13 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
Total Inventories Get a 7-Day Free Trial Premium Member Only 10.82 10.54 10.94 13.07 11.72

Xtera Communications 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $11.72 Mil mean?
Xtera Communications (XCOMQ) has a Total Inventories of $11.72 Mil as of Jun. 2016. The total amount of inventory as recorded on a company's balance sheet. View historical data for Xtera Communications and its competitors.
Is Xtera Communications' Total Inventories too high?
Xtera Communications' current Total Inventories is $11.72 Mil.
How does Xtera Communications' Total Inventories compare to TAIT and AEY?
Xtera Communications' Total Inventories of $11.72 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Hardware company?
A good Total Inventories depends on the Hardware industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Xtera Communications and its competitors. Xtera Communications's current Total Inventories is $11.72 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xtera Communications stock overvalued right now?
Xtera Communications (XCOMQ) has a current Total Inventories of $11.72 Mil. The current Total Inventories is $11.72 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Xtera Communications (XCOMQ), the current Total Inventories is $11.72 Mil as of Jun. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Xtera Communications Business Description

Address 500 West Bethany Drive, Suite 100, Allen, TX, USA, 75013
Xtera Communications Inc is a provider of optical transport solutions. It sells its optical transport solutions to telecommunications service providers, content service providers, enterprises and government entities across the world to support their deployments of long-haul terrestrial and submarine optical cable networks. Its optical networking solutions are designed to offer reach and capacity for intermediate sites between end-points of long-haul networks. Its primary service offerings include services, installation and deployment services, on-site hardware replacement services, system maintenance services, extended hardware warranty services and training across a spectrum of products within the optical networking industry. The company offers hardware, software and turnkey solutions.