Charles River Laboratories International's total inventories for the quarter that ended in Dec. 2023 was $380 Mil. Charles River Laboratories International's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $337 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Charles River Laboratories International's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-72.03.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Charles River Laboratories International's Days Inventory for the
three
months ended in Dec. 2023 was 47.30.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Charles River Laboratories International's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.93.
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.
Charles River Laboratories International's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.33.
Charles River Laboratories International Total Inventories Historical Data
The historical data trend for Charles River Laboratories International'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.
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Charles River Laboratories International Annual Data
Charles River Laboratories International 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.
Charles River Laboratories International (NYSE:CRL) 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.
Charles River Laboratories International's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is
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.
Charles River Laboratories International's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as
* 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.
Charles River Laboratories International Total Inventories Related Terms
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Charles River Laboratories International (Charles River Laboratories International) Business Description
Charles River Laboratories was founded in 1947 and is a leading provider of drug discovery and development services. The company's research model & services segment is the leading provider of animal models for laboratory testing, which breeds and delivers animal research models with specific genetic characteristics for preclinical studies around the world. The discovery & safety assessment segment includes services required to take a drug through the early development process, including discovery services. The manufacturing support segment includes microbial solutions, which provides in vitro (non-animal) testing products, biologics testing services, and avian vaccine services.
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