Avid Technology's total inventories for the quarter that ended in Sep. 2023 was $28.6 Mil. Avid Technology's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was $28.3 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Avid Technology's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-7.25.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Avid Technology's Days Inventory for the
three
months ended in Sep. 2023 was 78.03.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Avid Technology's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.17.
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.
Avid Technology's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.31.
Avid Technology Total Inventories Historical Data
The historical data trend for Avid Technology'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.
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.
Avid Technology (NAS:AVID) 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.
Avid Technology's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is
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.
Avid Technology's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as
* 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.
Avid Technology Total Inventories Related Terms
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Avid Technology (Avid Technology) Business Description
Avid Technology Inc develops and sells software and hardware for digital media production and management. Its products are used in production, film studios, cable television stations, recording studios, and other agencies. The company has operations in the U.S.; the Americas; Europe, Middle East, and Africa; and Asia-Pacific. Most of its revenue is split fairly evenly between the U.S. and EMEA. The company's products are organized into suites, including Artist Suite, which includes video editing and digital audio workstations; Media Suite, which provides newsroom management solutions; Studio Suite, which provides tools for on-air programming; and Storage Suite, which provides products for digital storage. It derives most of the revenue from video and audio products and services.
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