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Chemtura (Chemtura) Total Inventories : $310 Mil (As of Dec. 2016)


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What is Chemtura Total Inventories?

Chemtura's total inventories for the quarter that ended in Dec. 2016 was $310 Mil. Chemtura's average total inventories from the quarter that ended in Sep. 2016 to the quarter that ended in Dec. 2016 was $319 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Chemtura's Net-Net Working Capital per share for the quarter that ended in Dec. 2016 was $-10.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chemtura's Days Inventory for the three months ended in Dec. 2016 was 105.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chemtura's Inventory Turnover for the quarter that ended in Dec. 2016 was 0.87.

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. Chemtura's Inventory-to-Revenue for the quarter that ended in Dec. 2016 was 0.83.


Chemtura Total Inventories Historical Data

The historical data trend for Chemtura'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.

Chemtura Total Inventories Chart

Chemtura Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 398.00 346.00 329.00 315.00 310.00

Chemtura Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 315.00 328.00 313.00 328.00 310.00

Chemtura 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.


Chemtura  (NYSE:CHMT) 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.

Chemtura's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2016 is

Net-Net Working Capital Per Share (Q: Dec. 2016 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(220+0.75 * 213+0.5 * 310-1190
-0-0)/63
=-10.40

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

Chemtura's Days Inventory for the three months ended in Dec. 2016 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2016 )/Cost of Goods Sold (Q: Dec. 2016 )*Days in Period
=319/277*365 / 4
=105.09

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

Chemtura's Inventory Turnover for the quarter that ended in Dec. 2016 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2016 ) / Average Total Inventories (Q: Dec. 2016 )
=277 / 319
=0.87

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.

Chemtura's Inventory to Revenue for the quarter that ended in Dec. 2016 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2016 ) / Revenue (Q: Dec. 2016 )
=319 / 385
=0.83

* 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.


Chemtura Total Inventories Related Terms

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Chemtura (Chemtura) Business Description

Traded in Other Exchanges
N/A
Address
Chemtura manufactures and sells a variety of chemicals, which include lubricants and bromine. The company organizes itself into two segments based on product type. The industrial performance products segment, which generates most of Chemtura's revenue, sells synthetic lubricants and specialty greases that reduce friction for engines and machines. These products are typically sold to the automotive, aviation, marine, and refrigeration industries. The industrial engineered products segment sells a variety of bromine-based products, which include brominated flame retardants for consumer electronics, oil and gas drilling fluids, and pesticides for the agricultural industry. More revenue comes from North America than any other region.
Executives
Jeffrey D Benjamin director 9 WEST 57TH STREET, 43TH FLOOR, NEW YORK NY 10019
Anna C Catalano director 1313 NORTH MARKET STREET, WILMINGTON DE 19894
John K Wulff director C/O HERCULES INC, 1313 NORTH MARKET STREET, WILMINGTON DE 19894-0001
Stephen C Forsyth officer: EVP & CFO C/O HEXCEL CORP, 281 TRESSER BLVD, STAMFORD CT 06901
Jonathan F Foster director 777 THIRD AVE, 30TH FL, NEW YORK NY 10017
Laurence Michael Orton officer: VP, Corporate Controller C/O CHEMTURA CORPORATION, 199 BENSON ROAD, MIDDLEBURY CT 06749
Craig A Rogerson director, officer: President and CEO 1313 N MARKET ST, WILMINGTON DE 19894
Timothy J Bernlohr director 90 EAST HALSEY RD., PARSIPPANY NJ 07054
James W Crownover director
Kevin V Mahoney officer: SVP and Corporate Controller 199 BENSON ROAD, MIDDLEBURY CT 06749
Roger L Headrick director 199 BENSON RD, MIDDLEBURY CT 06749
Burton M Joyce director
Hale Martin M Sr director C/O GREAT LAKES CHEMICAL, 500 E 96TH STREET SUITE 500, INDIANAPOLIS IN 46240
Trian Fund Management, L.p. other: less than 10% owner 280 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10017
Edward P Garden director 223 SUNSET AVENUE, PALM BEACH FL 33480

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