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Tanger (Tanger) Total Inventories : $0.0 Mil (As of Dec. 2023)


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What is Tanger Total Inventories?

Tanger's total inventories for the quarter that ended in Dec. 2023 was $0.0 Mil. Tanger's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $0.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Tanger's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-15.95.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tanger's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

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. Tanger's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.


Tanger Total Inventories Historical Data

The historical data trend for Tanger'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.

Tanger Total Inventories Chart

Tanger Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
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Tanger Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Tanger 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.


Tanger  (NYSE:SKT) 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.

Tanger'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)
=(21.965+0.75 * 0+0.5 * 0-1732.806
-0-24.528)/108.793
=-15.95

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

Tanger'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
=0/41.929*365 / 4
=0.00

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

Tanger'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 )
=41.929 / 0
=N/A

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.

Tanger'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 )
=0 / 127.477
=0.00

* 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.


Tanger Total Inventories Related Terms

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Tanger (Tanger) Business Description

Traded in Other Exchanges
Address
3200 Northline Avenue, Suite 360, Greensboro, NC, USA, 27408
Tanger Inc Formerly Tanger Factory Outlet Centers Inc is the owner and operator of outlet centers in the United States and Canada. It is a fully-integrated, self-administered and self-managed REIT, which focuses on developing, acquiring, owning, operating and managing outlet shopping centers. Substantially majority of the firm's revenue is derived from rental income from real property. Geographically, the activities are carried out through the United States.
Executives
Steven B Tanger director, officer: President,
Jessica K Norman officer: EVP, General Counsel,Secretary 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Susan E Skerritt director 3200 NORTHLINE AVE, SUITE 360, GREENSBORO NC 27408
Thomas Reddin director 11115 RUSHMORE DR, CHARLOTTE NC 28277
Michael J Bilerman officer: See Remarks 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Guerrieri Thomas Joseph Jr officer: VP, CAO and Controller 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Justin C Stein officer: EVP, Leasing 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Andrew R Wingrove officer: EVP, Chief Commercial Officer 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Carrie A Warren officer: Senior V.P. of Marketing 5900 HENSON FARM RD, SUMMERFIELD NC 27358
Chad Perry officer: EVP,General Counsel,Secretary C/O TANGER FACTORY OUTLET CENTERS, INC., 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408
Sandeep Mathrani director
Gallardo Leslie Swanson officer: Executive VP Operations 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
James Floyd Williams officer: Vice President & Controller 3204 COTTINGHAM COURT, GREENSBORO NC 27410
Stephen Yalof officer: President & COO 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Charles Allen Worsham officer: SVP,Construction & Development 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408