GURUFOCUS.COM » STOCK LIST » Industrials » Construction » EMCOR Group Inc (NYSE:EME) » Definitions » Total Inventories

EMCOR Group (EMCOR Group) Total Inventories

: $111 Mil (As of Dec. 2023)
View and export this data going back to 1994. Start your Free Trial

EMCOR Group's total inventories for the quarter that ended in Dec. 2023 was $111 Mil. EMCOR Group's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $113 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. EMCOR Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-18.96.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. EMCOR Group's Days Inventory for the three months ended in Dec. 2023 was 3.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. EMCOR Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 24.94.

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. EMCOR Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.


EMCOR Group Total Inventories Historical Data

The historical data trend for EMCOR Group'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.

EMCOR Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.45 53.34 54.10 85.64 110.77

EMCOR Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories 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 Premium Member Only Premium Member Only Premium Member Only 85.64 100.41 106.08 115.47 110.77

EMCOR Group 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.


EMCOR Group  (NYSE:EME) 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.

EMCOR Group'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)
=(789.75+0.75 * 3203.49+0.5 * 110.774-4138.906
-0-1.037)/47.0473
=-18.96

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

EMCOR Group'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
=113.12/2821.476*365 / 4
=3.66

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

EMCOR Group'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 )
=2821.476 / 113.12
=24.94

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.

EMCOR Group'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 )
=113.12 / 3439.221
=0.03

* 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.


EMCOR Group Total Inventories Related Terms

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


EMCOR Group (EMCOR Group) Business Description

Traded in Other Exchanges
Address
301 Merritt Seven, Norwalk, CT, USA, 06851-1092
EMCOR Group Inc is one of the largest electrical, mechanical, construction, and facilities services firms in the United States. It provides a wide range of services, including the installation of electrical distribution systems, voice & data communication systems, and environmental controls within buildings. The company's services are provided to a broad range of commercial, industrial, utility, and institutional customers. Emcor Group enters contracts for large installation projects in the multimillion-dollar range, or smaller projects involving renovations and retrofit work. It also operates as a subcontractor to general contractors, systems suppliers, and property managers. It generates sales primarily in the United States, but the company does offer services United kingdom.
Executives
R Kevin Matz officer: SVP, Admin & Strategic Service 301 MERRITT SEVEN 6TH FLOOR, NORWALK CT 06851
Anthony Guzzi officer: President & COO 301 MERRITT SEVEN, 6TH FLOOR, NORWALK CT 06851
Mark A Pompa officer: SVP, CAO & Treasurer 301 MERRITT SEVEN 6TH FLOOR, NORWALK CT 06851
Maxine Lum Mauricio officer: SVP and General Counsel 301 MERRITT SEVEN CORPORATE PARK, 6TH FL, C/O EMCOR GROUP INC., NORWALK CT 06851
Jason R Nalbandian officer: SVP & Chief Accounting Officer 301 MERRITT SEVEN CORPORATE PARK, 6TH FL, C/O EMCOR GROUP, INC., NORWALK CT 06851
Rebecca A Weyenberg director 1725 SHEPHERD RD, CHATTANOOGA TN 37421
Carol P Lowe director 4311 BEULAH CHURCH ROAD, WEDDINGTON NC 28104
M Kevin Mcevoy director C/O OCEANEERING INTERNATIONAL INC, 11911 FM 529, HOUSTON TX 77041-3011
William P Reid director 301 MERRITT SEVEN CORPORATE PARK, 6TH FL, C/O EMCOR GROUP, INC., NORWALK CT 06851
Hamm Richard F Jr director 6370 OXBOW BEND, CHANHASSEN MN 55317
Ronald L Johnson director 3344 PEACHTREE STREET NE, #3403, ATLANTA GA 30326
John W Altmeyer director 946 HIGHMEADOW COURT, LANCASTER PA 17601
Brown David A B director
Robin A Walker-lee director C/O TRW AUTOMOTIVE, 12001 TECH CENTER DRIVE, LIVONIA MI 48150
Jerry E Ryan director 3201 EAST 65TH, TULSA OK 74136