RTX (RTX) Total Inventories

: $11,777 Mil (As of Dec. 2023)

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RTX's total inventories for the quarter that ended in Dec. 2023 was $11,777 Mil. RTX's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $11,914 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. RTX's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-61.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. RTX's Days Inventory for the three months ended in Dec. 2023 was 68.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. RTX's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.34.

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. RTX's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.60.

RTX Total Inventories Historical Data

The historical data trend for RTX'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.

RTX Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

9,047.00

9,411.00

9,178.00

10,617.00

11,777.00

RTX Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories																10,617.00	11,327.00	11,997.00	12,050.00	11,777.00

RTX 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.

RTX (NYSE:RTX) 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.

RTX'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)
=	(6587	+	0.75 * 10838	+	0.5 * 11777	-	100424
-	0	-	1647)	/	1326.91
=	-61.40

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

RTX's Days Inventory for the three 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
	=	11913.5	/	15918	*	365 / 4
	=	68.29

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

RTX'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 )
	=	15918	/	11913.5
	=	1.34

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.

RTX'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 )
	=	11913.5	/	19927
	=	0.60

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.

RTX Total Inventories Related Terms

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RTX (RTX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » RTX Corp (NYSE:RTX) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

RTX:Mexico 5URd:UK 0R2N:UK 5UR0:Germany 5UR:Germany 5UR:Germany 5UR:Germany RTX:Canada RYTT34:Brazil RTX:Austria

Address

1000 Wilson Boulevard, Arlington, VA, USA, 22209

Website

https://www.rtx.com

RTX is a diversified aerospace and defense industrial company formed from the merger of United Technologies and Raytheon, with roughly equal exposure as a supplier to commercial aerospace manufacturers and to the defense market. The company operates in three segments: Collins Aerospace, a diversified aerospace supplier; Pratt & Whitney, an aircraft engine manufacturer; and Raytheon, a defense prime contractor providing a mix of missiles, missile defense systems, sensors, hardware, and communications technology to the military.

Executives

Winnefeld James A Jr	director	870 WINTER STREET, WALTHAM MA 02451
Amy L Johnson	officer: Corporate VP and Controller	870 WINTER STREET, WALTHAM MA 02451
Leanne G Caret	director	1000 WILSON BLVD, ARLINGTON VA 22209
Shane G Eddy	officer: President, P&W	870 WINTER STREET, WALTHAM MA 02451
Gregory Hayes	officer: Vice President, Controller	870 WINTER STREET, WALTHAM MA 02451
Christopher T. Calio	officer: Pres, Comm Engines, P&W	870 WINTER STREET, WALTHAM MA 02451
Dantaya M Williams	officer: Chief Human Resources Officer	870 WINTER STREET, WALTHAM MA 02451
Michael R Dumais	officer: SVP, Strategic Planning	870 WINTER STREET, WALTHAM MA 02451
Tracy A Atkinson	director	MFS INVESTMENT MANAGEMENT, 500 BOYLSTON ST., BOSTON MA 02116
Wesley D Kremer	officer: President, RMD	870 WINTER STREET, WALTHAM MA 02451
Ramsaran Maharajh	officer: EVP and General Counsel	870 WINTER STREET, WALTHAM MA 02451
Robert Kelly Ortberg	officer: CEO, Collins Aerospace Systems	870 WINTER STREET, WALTHAM MA 02451
Frank R Jimenez	officer: EVP and General Counsel	GE HEALTHCARE TECHNOLOGIES INC., 500 W. MONROE ST., CHICAGO IL 606061
Harris Bernard A Jr	director	3411 ERIN KNOLL CT, HOUSTON TX 77059
Thomas A Kennedy	director, officer: Executive Chairman	870 WINTER STREET, WALTHAM MA 02451