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Chase (CCF) Total Inventories : $69.6 Mil (As of Aug. 2023)


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What is Chase Total Inventories?

Chase's total inventories for the quarter that ended in Aug. 2023 was $69.6 Mil. Chase's average total inventories from the quarter that ended in May. 2023 to the quarter that ended in Aug. 2023 was $73.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Chase's Net-Net Working Capital per share for the quarter that ended in Aug. 2023 was $-7.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chase's Days Inventory for the three months ended in Aug. 2023 was 102.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chase's Inventory Turnover for the quarter that ended in Aug. 2023 was 0.89.

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. Chase's Inventory-to-Revenue for the quarter that ended in Aug. 2023 was 0.73.


Chase Total Inventories Historical Data

The historical data trend for Chase'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.

Chase Total Inventories Chart

Chase Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.35 39.06 41.22 63.04 69.58

Chase Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
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 63.04 85.98 84.28 77.49 69.58

Chase 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.


Chase  (AMEX:CCF) 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.

Chase's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2023 is

Net-Net Working Capital Per Share (Q: Aug. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(49.019+0.75 * 54.285+0.5 * 69.576-192.5
-0-0)/9.50408
=-7.15

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

Chase's Days Inventory for the three months ended in Aug. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Aug. 2023 )/Cost of Goods Sold (Q: Aug. 2023 )*Days in Period
=73.5305/65.516*365 / 4
=102.41

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

Chase's Inventory Turnover for the quarter that ended in Aug. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Aug. 2023 ) / Average Total Inventories (Q: Aug. 2023 )
=65.516 / 73.5305
=0.89

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.

Chase's Inventory to Revenue for the quarter that ended in Aug. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Aug. 2023 ) / Revenue (Q: Aug. 2023 )
=73.5305 / 100.197
=0.73

* 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.


Chase Total Inventories Related Terms

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Chase (CCF) Business Description

Traded in Other Exchanges
N/A
Address
375 University Avenue, Westwood, MA, USA, 02090
Chase Corp is a specialty chemical company. It operates through the following segments: Adhesives, Sealants and Additives, Industrial Tapes and Corrosion Protection and Waterproofing. The firm generates majority revenue from the Industrial Tapes segment. Its Industrial Tapes segment features legacy wire and cable materials, specialty tapes, and other laminated and coated products. Geographically, it derives a majority of revenue from North America and also has a presence in Asia; Europe, and Other Countries.
Executives
Adam Chase officer: COO/Vice President 104 ALBION ROAD, WELLESLEY MA 02481
Thomas Jr Wroe director
Ellen Rubin director 11 CLEMENTS ROAD, NEWTON MA 02458
Mary Claire Chase director 115 SUMNER STREET, NEWTON MA 02459
Derby John H. Iii director 1029 OCEAN BLVD., RYE NH 03870
Jeffery D Haigh officer: Corporate Secretary 2 SUMMER STREET, NORWOOD MA 02062
Michael J. Bourque officer: Treasurer & CFO ANALOGIC CORPORATION, 8 CENTENNIAL DRIVE, PEABODY MA 01960
Lewis P Gack director 5 LIVINGTON CIRCLE, ANDOVER MA 01810
Peter R Chase officer: President, CEO 305 GRANGE PARK, BRIDGEWATER MA 02324
Joan Wallace-benjamin director 175 SANDY VALLEY ROAD, DEDHAM MA 02026
Christian John Talma officer: Chief Accounting Officer 5 ALHAMBRA RD., WELLESLEY MA 02481
Chad A. Mcdaniel director C/O LYDALL, INC., 1 COLONIAL ROAD, MANCHESTER CT 06042
Thomas D. Debyle director STANDEX INT'L, 6 MANOR PARKWAY, SALEM NH 03079
Kenneth James Feroldi officer: CFO/Treasurer 67 KIMBERLEY DRIVE, WAKEFIELD RI 02878
Everett Jr Chadwick director 20 SOUTH DRIVE, BRIDGEWATER MA 02324

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