Maxeon Solar Technologies (Maxeon Solar Technologies) Total Inventories : $271.7 Mil (As of Mar. 2024)

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What is Maxeon Solar Technologies Total Inventories?

Maxeon Solar Technologies's total inventories for the quarter that ended in Mar. 2024 was $271.7 Mil. Maxeon Solar Technologies's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $290.3 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Maxeon Solar Technologies's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-11.92.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Maxeon Solar Technologies's Days Inventory for the three months ended in Mar. 2024 was 130.94.

Inventory Turnover measures how fast the company turns over its inventory within a year. Maxeon Solar Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.70.

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. Maxeon Solar Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.55.

Maxeon Solar Technologies Total Inventories Historical Data

The historical data trend for Maxeon Solar Technologies'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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Maxeon Solar Technologies Total Inventories Chart

Maxeon Solar Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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194.85

169.24

212.82

303.23

308.95

Maxeon Solar Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial															316.44	349.34	386.14	308.95	271.70

Maxeon Solar Technologies 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.

Maxeon Solar Technologies (NAS:MAXN) 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.

Maxeon Solar Technologies's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(98.365	+	0.75 * 38.921	+	0.5 * 271.695	-	909.665
-	0	-	5.695)	/	54.6838
=	-11.92

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

Maxeon Solar Technologies's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	290.3215	/	202.327	*	365 / 4
	=	130.94

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

Maxeon Solar Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	202.327	/	290.3215
	=	0.70

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.

Maxeon Solar Technologies's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	290.3215	/	187.456
	=	1.55

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.

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Maxeon Solar Technologies (Maxeon Solar Technologies) Business Description

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5QJ:Germany

Address

8 Marina Boulevard No. 05-02, Marina Bay Financial Centre, Singapore, SGP, 018981

Website

https://www.maxeon.com

Maxeon Solar Technologies Ltd is engaged in the manufacturing and marketing of premium solar technology. It owns and operates solar cell and panel manufacturing facilities located in Malaysia, Mexico, and the Philippines. The company's primary products are the Maxeon line of interdigitated back contact (IBC) solar cells and panels, and the Performance line (formerly, P-Series) of shingled solar cells and panels. the Maxeon line of solar panels are the highest-efficiency solar panels on the market with an aesthetically pleasing design, and the Performance line of solar panels offers a high-value and cost-effective solution. It is targeted at residential and small-scale commercial customers across the globe. The company derives its revenue from the United States, France, Italy, and Others.