GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hewlett Packard Enterprise Co (NYSE:HPE) » Definitions » Total Inventories

Hewlett Packard Enterprise Co (Hewlett Packard Enterprise Co) Total Inventories : $6,049 Mil (As of Jan. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Hewlett Packard Enterprise Co Total Inventories?

Hewlett Packard Enterprise Co's total inventories for the quarter that ended in Jan. 2024 was $6,049 Mil. Hewlett Packard Enterprise Co's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Jan. 2024 was $5,328 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hewlett Packard Enterprise Co's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-21.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hewlett Packard Enterprise Co's Days Inventory for the three months ended in Jan. 2024 was 113.12.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hewlett Packard Enterprise Co's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.81.

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. Hewlett Packard Enterprise Co's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.79.


Hewlett Packard Enterprise Co Total Inventories Historical Data

The historical data trend for Hewlett Packard Enterprise Co'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.

Hewlett Packard Enterprise Co Total Inventories Chart

Hewlett Packard Enterprise Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,387.00 2,674.00 4,511.00 5,161.00 4,607.00

Hewlett Packard Enterprise Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 4,644.00 4,317.00 4,541.00 4,607.00 6,049.00

Hewlett Packard Enterprise Co 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.


Hewlett Packard Enterprise Co  (NYSE:HPE) 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.

Hewlett Packard Enterprise Co's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is

Net-Net Working Capital Per Share (Q: Jan. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3758+0.75 * 3540+0.5 * 6049-37134
-0-52)/1299.77
=-21.35

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

Hewlett Packard Enterprise Co's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=5328/4298*365 / 4
=113.12

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

Hewlett Packard Enterprise Co's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2024 ) / Average Total Inventories (Q: Jan. 2024 )
=4298 / 5328
=0.81

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.

Hewlett Packard Enterprise Co's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=5328 / 6755
=0.79

* 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.


Hewlett Packard Enterprise Co Total Inventories Related Terms

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


Hewlett Packard Enterprise Co (Hewlett Packard Enterprise Co) Business Description

Address
1701 East Mossy Oaks Road, Spring, TX, USA, 77389
Hewlett Packard Enterprise is an information technology vendor that provides hardware and software to enterprises. Its primary product lines are compute servers, storage arrays, and networking equipment; it also has a high-performance computing business. HPE's stated goal is to be a complete edge-to-cloud company, and its portfolio enables hybrid clouds and hyperconverged infrastructure. It uses a primarily outsourced manufacturing model and employs 60,000 people worldwide.
Executives
Jeremy Cox officer: SVP Controller and CTO 3000 HANOVER STREET, PALO ALTO CA 94304
Phil Mottram officer: President, Intelligent Edge 11445 COMPAQ CENTER DRIVE WEST, HOUSTON TX 77070
Kirt P Karros officer: SVP, Finance & Treasurer 12400 HIGH BLUFF DR. SUITE 600, SAN DIEGO CA 92130
Justin Hotard officer: SVP, GM, HPC and AI 11445 COMPAQ CENTER DRIVE WEST, HOUSTON TX 77070
Neil B Macdonald officer: SVP, GM of Compute 6280 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Fidelma Russo officer: EVP, GM, HC and CTO C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
John F Schultz officer: EVP, COLO C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304
Gerri Gold officer: EVP, Pres & CEO Financial Serv 4 INDUSTRIAL WAY WEST, SUITE 300, EATONTOWN NJ 07724
Alan Richard May officer: EVP, Chief People Officer 3000 HANOVER STREET, PALO ALTO CA 94304
Antonio F Neri officer: President and CEO 3000 HANOVER STREET, PALO ALTO CA 94304
Black Thomas E Jr officer: SVP, GM of Storage 6280 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Bethany Mayer director C/O IXIA, 26601 W. AGOURA ROAD, CALABASAS CA 91302
Tarek Robbiati officer: EVP & CFO 6200 SPRINT PARKWAY, OVERLAND PARK KS 66251
Jean M. Hobby director 10000 WEHRLE DRIVE, CLARENCE NY 14031
Frank A Damelio director C/O PFIZER INC., 235 EAST 42ND ST., NEW YORK NY 10017