Techtronic Industries Co (Techtronic Industries Co) Total Inventories : $4,098 Mil (As of Dec. 2023)

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What is Techtronic Industries Co Total Inventories?

Techtronic Industries Co's total inventories for the quarter that ended in Dec. 2023 was $4,098 Mil. Techtronic Industries Co's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was $4,339 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Techtronic Industries Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-6.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Techtronic Industries Co's Days Inventory for the six months ended in Dec. 2023 was 191.57.

Inventory Turnover measures how fast the company turns over its inventory within a year. Techtronic Industries Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.95.

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. Techtronic Industries Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.63.

Techtronic Industries Co Total Inventories Historical Data

The historical data trend for Techtronic Industries Co'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.

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Techtronic Industries Co Total Inventories Chart

Techtronic Industries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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2,112.93

3,223.75

4,849.79

5,084.95

4,098.16

Techtronic Industries Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial															4,849.79	5,231.70	5,084.95	4,580.81	4,098.16

Techtronic Industries Co 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.

Techtronic Industries Co (OTCPK:TTNDY) 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.

Techtronic Industries Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(979.354	+	0.75 * 1706.406	+	0.5 * 4098.161	-	6654.433
-	0	-	0)	/	366.864
=	-6.40

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

Techtronic Industries Co's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	4339.487	/	4133.975	*	365 / 2
	=	191.57

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

Techtronic Industries Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	4133.975	/	4339.487
	=	0.95

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.

Techtronic Industries Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	4339.487	/	6851.947
	=	0.63

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.

Techtronic Industries Co Total Inventories Related Terms

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Techtronic Industries Co (Techtronic Industries Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Techtronic Industries Co Ltd (OTCPK:TTNDY) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

TTNDF:USA 00669:Hong Kong TIB1:Germany

Address

51 Kwai Cheong Road, 29th Floor, Tower 2, Kowloon Commerce Centre, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.ttigroup.com

Techtronic Industries Co Ltd is a designer and manufacturer of power tools. It operates in two segments namely Power Equipment and Floorcare and Cleaning. The company generates maximum revenue from the Power Equipment segment. Its Power Equipment segment includes sales of power tools, power tool accessories, outdoor products, and outdoor product accessories for consumer, trade, professional and industrial users. The products are available under the MILWAUKEE, EMPIRE, AEG, RYOBI and HOMELITE brands plus original equipment manufacturer (OEM) customers. Geographically, it derives a majority of its revenue from North America.