GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ecolab Inc (NYSE:ECL) » Definitions » Total Inventories
中文

Ecolab (Ecolab) Total Inventories : $1,497 Mil (As of Dec. 2023)


View and export this data going back to 1986. Start your Free Trial

What is Ecolab Total Inventories?

Ecolab's total inventories for the quarter that ended in Dec. 2023 was $1,497 Mil. Ecolab's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $1,517 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ecolab's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-35.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ecolab's Days Inventory for the three months ended in Dec. 2023 was 60.58.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ecolab's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.51.

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. Ecolab's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.39.


Ecolab Total Inventories Historical Data

The historical data trend for Ecolab'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.

Ecolab Total Inventories Chart

Ecolab 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 1,081.60 1,285.20 1,491.80 1,792.80 1,497.20

Ecolab Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,792.80 1,727.30 1,646.20 1,536.00 1,497.20

Ecolab 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.


Ecolab  (NYSE:ECL) 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.

Ecolab'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)
=(919.5+0.75 * 2834.2+0.5 * 1497.2-13774.4
-0-27.5)/285.449
=-35.06

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

Ecolab'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
=1516.6/2284.4*365 / 4
=60.58

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

Ecolab'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 )
=2284.4 / 1516.6
=1.51

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.

Ecolab'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 )
=1516.6 / 3938.4
=0.39

* 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.


Ecolab Total Inventories Related Terms

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


Ecolab (Ecolab) Business Description

Traded in Other Exchanges
Address
1 Ecolab Place, Saint Paul, MN, USA, 55102
Ecolab produces and markets cleaning and sanitation products for the industrial manufacturing, hospitality, healthcare, and life sciences markets. The firm is the global market share leader in this category with a wide array of products and services, including dish and laundry washing systems, pest control, and infection control products. Additionally, Ecolab sells customized water management solutions across its end markets. The company has a strong hold on the U.S. market and is growing its presence abroad.
Executives
Laurie M Marsh officer: Senior VP - Human Resources 1601 W. DIEHL ROAD, NAPERVILLE IL 60563
David Maclennan director 14701 CHARLSON ROAD, EDEN PRAIRIE MN 55347
Nicholas J. Alfano officer: EVP & PRES - GLOBAL INDUSTRIAL 1 ECOLAB PLACE, SAINT PAUL MN 55102
Angela M Busch officer: SVP - Corporate Development 1 ECOLAB PLACE, SAINT PAUL MN 55102
Gregory B Cook officer: EVP & PRES - INST GROUP 1 ECOLAB PLACE, SAINT PAUL MN 55102
Nicolas A Granucci officer: EVP & PRES - GLOBAL PEST 1 ECOLAB PLACE, SAINT PAUL MN 55102
Larry L Berger officer: Chief Technical Officer & SVP 1 ECOLAB PLACE, SAINT PAUL MN 55102
Arthur J Higgins director C/O ZIMMER, INC., P.O. BOX 708, WARSAW IN 46580
Gail Peterson officer: SVP - Global Mktg & Comms 1 ECOLAB PLACE, SAINT PAUL MN 55102
Christophe Beck officer: Executive V.P., Instit. NA 370 WABASHA STREET NORTH, SAINT PAUL MN 55102
Eric Mark Green director 530 HERMAN O. WEST DRIVE, EXTON PA 19341
Gates William H Iii 10 percent owner 2365 CARILLON POINT, KIRKLAND WA 98033
Michael C. Mccormick officer: Ex.VP, GC & Asst. Secretary 1 ECOLAB PLACE, ST. PAUL MN 55102
Lanesha Minnix officer: EVP, GC & SECRETARY TWO LAKESIDE COMMONS, BUILDING TWO, 980 HAMMOND DRIVE, SUITE 500, ATLANTA GA 30328
Tracy B Mckibben director 100 RIVERSIDE BOULEVARD, #3S, NEW YORK NY 10069

Ecolab (Ecolab) Headlines

From GuruFocus

Ecolab Inc ESG Approach and Strategy Webcast Transcript

By GuruFocus Research 01-22-2024

Q3 2023 Ecolab Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Ecolab Inc to Acquire Purolite Ltd Call Transcript

By GuruFocus Research 01-22-2024

Q4 2021 Ecolab Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2023 Ecolab Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Ecolab Inc To Host Investor Day Transcript

By GuruFocus Research 01-22-2024