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Aviat Networks (Aviat Networks) Total Inventories : $66.8 Mil (As of Dec. 2023)


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What is Aviat Networks Total Inventories?

Aviat Networks's total inventories for the quarter that ended in Dec. 2023 was $66.8 Mil. Aviat Networks's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $48.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Aviat Networks's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-4.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aviat Networks's Days Inventory for the three months ended in Dec. 2023 was 76.38.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aviat Networks's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.19.

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. Aviat Networks's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.51.


Aviat Networks Total Inventories Historical Data

The historical data trend for Aviat Networks'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.

Aviat Networks Total Inventories Chart

Aviat Networks Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.51 15.23 24.87 27.17 33.06

Aviat Networks Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only 37.06 40.94 33.06 30.66 66.78

Aviat Networks 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.


Aviat Networks  (NAS:AVNW) 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.

Aviat Networks'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)
=(45.914+0.75 * 149.919+0.5 * 66.784-246.171
-0-0)/12.521
=-4.35

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

Aviat Networks'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
=48.7215/58.206*365 / 4
=76.38

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

Aviat Networks'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 )
=58.206 / 48.7215
=1.19

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.

Aviat Networks'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 )
=48.7215 / 95.036
=0.51

* 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.


Aviat Networks Total Inventories Related Terms

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Aviat Networks (Aviat Networks) Business Description

Traded in Other Exchanges
Address
200 Parker Drive, Suite C100A, Austin, TX, USA, 78728
Aviat Networks Inc is a networking solutions provider. It designs, manufactures, and sells wireless networking products, solutions, and services to mobile and fixed operators, private network operators, government agencies, transportation and utility companies, public safety agencies, and broadcast network operators around the world. The company's product categories include point-to-point microwave and millimeter wave radios that are licensed (subject to local frequency regulatory requirements), lightly licensed and license-exempt (operating in license-exempt frequencies), and element and network management software.
Executives
Bryan Tucker officer: Sr. VP, Americas Sales and Ser 200 PARKER DRIVE, SUITE C100A, AUSTIN TX 78728
Erin Boase officer: VP Legal Affairs AVIAT NETWORKS, INC., 200 PARKER DRIVE, SUITE C100A, AUSTIN TX 78728
Gary Croke officer: VP Marketing and PLM AVIAT NETWORKS, INC., 200 PARKER DRIVE, SUITE C100A, AUSTIN TX 78728
David M Gray officer: Sr VP and CFO AVIAT NETWORKS, INC, 200 PARKER DRIVE, SUITE C 100A, AUSTIN TX 78726
Pete A Smith officer: President and CEO C/O AVIAT NETWORKS, INC., 200 PARKER DR SUITE C100A, AUSTIN TX 78728
Bruce M. Taten director 600 TRAVIS, SUITE 5600, HOUSTON TX 77002
Somesh Singh director 1301 S MOPAC EXPRESSWAY, SUITE 100, AUSTIN TX 78746
Bryan Ingram director C/O AVAGO TECHNOLOGIES LIMITED, 350 WEST TRIMBLE ROAD, BLDG. 90, SAN JOSE CA 95131
Michele Klein director 469 MINOCA ROAD, PORTOLA VALLEY CA 94028
Steel Excel Inc. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Group Llc 10 percent owner C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Holdings Gp Inc. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Group Holdings Llc 10 percent owner C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Holdings L.p. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
James C Stoffel director 101 KNOLLWOOD DRIVE, ROCHESTER NY 14618