L.B. Foster Co (L.B. Foster Co) Total Inventories

: $73.5 Mil (As of Dec. 2023)

View and export this data going back to 1990. Start your Free Trial

L.B. Foster Co's total inventories for the quarter that ended in Dec. 2023 was $73.5 Mil. L.B. Foster Co's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $77.8 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. L.B. Foster Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-8.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. L.B. Foster Co's Days Inventory for the three months ended in Dec. 2023 was 67.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. L.B. Foster Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.36.

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. L.B. Foster Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.58.

L.B. Foster Co Total Inventories Historical Data

The historical data trend for L.B. Foster Co'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.

L.B. Foster Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

81.43

78.62

62.87

75.72

73.50

L.B. Foster Co 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															75.72	84.59	79.45	82.02	73.50

L.B. Foster Co 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.

L.B. Foster Co (NAS:FSTR) 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.

L.B. Foster Co'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)
=	(2.56	+	0.75 * 53.484	+	0.5 * 73.496	-	170.371
-	0	-	0.724)	/	10.7339
=	-8.54

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

L.B. Foster Co'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
	=	77.758	/	105.834	*	365 / 4
	=	67.04

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

L.B. Foster Co'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 )
	=	105.834	/	77.758
	=	1.36

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.

L.B. Foster Co'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 )
	=	77.758	/	134.877
	=	0.58

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.

L.B. Foster Co Total Inventories Related Terms

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

L.B. Foster Co (L.B. Foster Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » L.B. Foster Co (NAS:FSTR) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

LB1A:Germany

Address

415 Holiday Drive, Suite 100, Pittsburgh, PA, USA, 15220

Website

https://www.lbfoster.com

L.B. Foster Co is a US-based firm engaged in the manufacturing, fabrication, and distribution of products and services, especially for the rail, construction, energy, and utility industry. The company operates its business through three segments: Rail Technologies and Services; Precast Concrete Products and Steel Products and Measurement. Its principal business activity involves providing new and used rail, trackwork, and accessories, producing concrete railroad ties, insulated rail joints, power rail, track fasteners, coverboards, and sales of sells and rents steel sheet piling, H-bearing pile, and other piling products for foundation and earth retention requirements. It generates the majority of its revenues from the Rail Products and Services segment.

Executives

Janet Lee	director	2600 ANSYS DRIVE, CANONSBURG PA 15317
Diane B Owen	director
Dirk Junge	director	165 TOWNSHIP LINE RD, JENKINTOWN PA 19046
John E Kunz	director	522 N. MACEWEN DRIVE, OSPREY FL 34229
Raymond T Betler	director	1001 AIR BRAKE AVENUE, WILMERDING PA 15148
Bruce Ernest Thompson	director	C/O L.B. FOSTER COMPANY, 415 HOLIDAY DRIVE, SUITE 100, PITTSBURGH PA 15220
Aron R. English	10 percent owner	1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
Alexander B Jones	other: See Explanation of Responses	1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
Bryson Hirai-hadley	other: See Explanation of Responses	1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
22nw Gp, Inc.	10 percent owner	1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
22nw Fund, Lp	10 percent owner	1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
22nw, Lp	10 percent owner	590 1ST AVE S, UNIT C1, SEATTLE WA 98104
22nw Fund Gp, Llc	10 percent owner	1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
Sean M Reilly	officer: Controller	TOLLGRADE COMMUNICATIONS INC, 493 NIXON RD., CHESWICK PA 15024
William Treacy	officer: Chief Growth Officer	415 HOLIDAY DRIVE, PITTSBURGH PA 15220