GURUFOCUS.COM » STOCK LIST » Technology » Hardware » VIZIO Holding Corp (NYSE:VZIO) » Definitions » Total Inventories

VIZIO Holding (VIZIO Holding) Total Inventories : $26 Mil (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is VIZIO Holding Total Inventories?

VIZIO Holding's total inventories for the quarter that ended in Mar. 2024 was $26 Mil. VIZIO Holding's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $16 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. VIZIO Holding's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $0.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. VIZIO Holding's Days Inventory for the three months ended in Mar. 2024 was 5.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. VIZIO Holding's Inventory Turnover for the quarter that ended in Mar. 2024 was 16.84.

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. VIZIO Holding's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.05.


VIZIO Holding Total Inventories Historical Data

The historical data trend for VIZIO Holding'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.

VIZIO Holding Total Inventories Chart

VIZIO Holding Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial 13.25 10.50 11.90 15.50 6.80

VIZIO Holding Quarterly Data
Dec18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.80 7.60 17.60 6.80 25.60

VIZIO Holding 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.


VIZIO Holding  (NYSE:VZIO) 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.

VIZIO Holding'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)
=(333.9+0.75 * 267.9+0.5 * 25.6-410.7
-0-0)/198.307
=0.69

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

VIZIO Holding'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
=16.2/272.8*365 / 4
=5.42

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

VIZIO Holding'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 )
=272.8 / 16.2
=16.84

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.

VIZIO Holding'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 )
=16.2 / 353.9
=0.05

* 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.


VIZIO Holding Total Inventories Related Terms

Thank you for viewing the detailed overview of VIZIO Holding's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


VIZIO Holding (VIZIO Holding) Business Description

Traded in Other Exchanges
Address
39 Tesla, Irvine, CA, USA, 92618
VIZIO Holding Corp operates two distinct integrated businesses: Device and Platform+. Through Device business, it offers a range of high-performance Smart TVs designed to address specific consumer preferences, as well as a portfolio of soundbars that deliver immersive audio experiences. It generates revenue from the shipment of these devices to retailers and distributors across the United States, as well as directly to consumers through the website. The Platform+ business includes the Smart TV operating system, SmartCast, which delivers a vast amount of content and applications through an easy-to-use interface.
Executives
Michael Joseph O'donnell officer: See Remarks C/O VIZIO HOLDING CORP., 39 TESLA, IRVINE CA 92618
Adam R. Townsend officer: Chief Financial Officer C/O VIZIO HOLDING CORP., 39 TESLA, IRVINE CA 92618
Rajendra M Mohan director 1600 HARBOR BAY PARKWAY STE 200, C/O GOOD GUYS INC, ALAMEDA CA 94502
Amtran Technology Co. Ltd. 10 percent owner 17F, NO. 268, LIAN CHEN RD., JHONGHE DISTRICT, NEW TAIPEI CITY F5 235
Julia S Gouw director 415 HUNTINGTON DRIVE, SAN MARINO CA 91108
Ben Bun Wong officer: President and COO C/O VIZIO HOLDINGS, INC., 39 TESLA, IRVINE CA 92618
William Wei Wang director, 10 percent owner, officer: Chief Executive Officer C/O VIZIO HOLDINGS, INC., 39 TESLA, IRVINE CA 92618
V-tw Holdings, Llc 10 percent owner 801 RIVER DRIVE, PO BOX 1397, NORTH SIOUX CITY SD 57049
David Eugene Russell director C/O VIZIO HOLDING CORP., 39 TESLA, IRVINE CA 92618
William T Baxter officer: Chief Technology Officer C/O BSQUARE CORP, 3150 139TH AVENUE SE STE 500, BELLEVUE WA 98005
Vicky Free director 485 SPRINGFIELD AVENUE #8, SUMMIT NJ 07901
Theodore W Waitt 10 percent owner 801 RIVER DRIVE, NORTH SIOUX CITY SD 57049
Avalon Capital Group Ii, Llc 10 percent owner 801 RIVER DRIVE, PO BOX 1397, NORTH SIOUX CITY SD 57049
Q-run Holdings Ltd 10 percent owner NO.66-1,ZHONGSHAN ROAD,TUCHENG DISTRICT, NEW TAIPEI F5 236401
Foxconn Assembly Holding Corp 10 percent owner NO.2, ZIYOU STREET, TUCHENG DISTRICT, NEW TAIPEI CITY F5 236401