GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » CSX Corp (NAS:CSX) » Definitions » Total Inventories
中文

CSX (CSX) Total Inventories

: USD451 Mil (As of Mar. 2024)
View and export this data going back to 1980. Start your Free Trial

CSX's total inventories for the quarter that ended in Mar. 2024 was USD451 Mil. CSX's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was USD449 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. CSX's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was USD-14.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CSX's Days Inventory for the three months ended in Mar. 2024 was 17.58.

Inventory Turnover measures how fast the company turns over its inventory within a year. CSX's Inventory Turnover for the quarter that ended in Mar. 2024 was 5.19.

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. CSX's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.12.


CSX Total Inventories Historical Data

The historical data trend for CSX'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.

CSX Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 261.00 302.00 339.00 341.00 446.00

CSX Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 394.00 427.00 427.00 446.00 451.00

CSX 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.


CSX  (NAS:CSX) 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.

CSX's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1485+0.75 * 1042+0.5 * 451-30093
-0-5)/1954.93
=-14.12

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

CSX's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=448.5/2328*365 / 4
=17.58

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

CSX's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=2328 / 448.5
=5.19

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.

CSX's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=448.5 / 3681
=0.12

* 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.


CSX Total Inventories Related Terms

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


CSX (CSX) Business Description

Traded in Other Exchanges
Address
500 Water Street, 15th Floor, Jacksonville, FL, USA, 32202
Operating in the Eastern United States, Class I railroad CSX generated revenue near $14.8 billion in 2022. On its more than 21,000 miles of track, CSX hauls shipments of coal (16% of consolidated revenue), chemicals (17%), intermodal containers (16%), automotive cargo (7%), and a diverse mix of other bulk and industrial merchandise.
Executives
Michael A. Cory officer: EVP & COO 500 WATER STREET, JACKSONVILLE FL 32202
Joseph R Hinrichs director, officer: President & CEO FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
John J Zillmer director ARAMARK CORP, 1101 MARKET ST, PHILADELPHIA PA 19107
James L Wainscott director C/O AK STEEL HOLDING CORP, 9227 CENTRE POINTE DRIVE, WEST CHESTER OH 45069
Stephen Fortune officer: EVP - CD&TO 500 WATER STREET, JACKSONVILLE FL 32202
Nathan D Goldman officer: EVP & CLO 500 WATER STREET, JACKSONVILLE FL 32202
Angela C Williams officer: VP & Controller 500 WATER STREET, JACKSONVILLE FL 32202
Mark Kenneth Wallace officer: EVP - Corporate Affairs 7550 OGDEN DALE ROAD S.E., CALGARY A0 T2C 4X9
Sean R. Pelkey officer: VP & Acting CFO 500 WATER STREET, JACKSONVILLE FL 32202
David M Moffett director C/O PAYPAL HOLDINGS INC., 2211 NORTH FIRST STREET, SAN JOSE CA 95131
Diana B Sorfleet officer: EVP & CAO 500 WATER STREET, JACKSONVILLE FL 32202
Thomas Bostick director 20374 SENECA MEADOWS PARKWAY, GERMANTOWN MD 20876
Kevin S. Boone officer: VP & Interim CFO 500 WATER STREET, JACKSONVILLE FL 32202
James M Foote officer: EVP & COO GATX CORP, 500 WEST MONROE STREET, CHICAGO IL 60661
Paul C Hilal director MANTLE RIDGE, L.P., 712 FIFTH AVENUE, SUITE 17F, NEW YORK NY 10019

CSX (CSX) Headlines

From GuruFocus

Q4 2022 CSX Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2022 CSX Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2021 CSX Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

CSX Corp at Stephens Investment Conference Transcript

By GuruFocus Research 01-22-2024