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Enviri (Enviri) Total Inventories : $190 Mil (As of Mar. 2024)


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What is Enviri Total Inventories?

Enviri's total inventories for the quarter that ended in Mar. 2024 was $190 Mil. Enviri's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $138 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Enviri's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-23.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Enviri's Days Inventory for the three months ended in Mar. 2024 was 26.39.

Inventory Turnover measures how fast the company turns over its inventory within a year. Enviri's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.46.

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. Enviri's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.23.


Enviri Total Inventories Historical Data

The historical data trend for Enviri'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.

Enviri Total Inventories Chart

Enviri 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 156.99 61.00 70.49 81.38 86.29

Enviri 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 84.71 84.64 84.57 86.29 190.29

Enviri 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.


Enviri  (NYSE:NVRI) 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.

Enviri'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)
=(103.876+0.75 * 308.213+0.5 * 190.288-2244.154
-0-45.183)/79.8349
=-23.29

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

Enviri'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
=138.29/478.262*365 / 4
=26.39

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

Enviri'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 )
=478.262 / 138.29
=3.46

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.

Enviri'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 )
=138.29 / 600.317
=0.23

* 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.


Enviri Total Inventories Related Terms

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Enviri (Enviri) Business Description

Traded in Other Exchanges
Address
100-120 North 18th Street, Two Logan Square, 17th Floor, Philadelphia, PA, USA, 19103
Enviri Corp engages in providing a broad range of environmental services and related solutions. The company's current operations consist of three divisions: Harsco Environmental, Harsco Rail, and Clean Earth The company serves a diverse customer base by offering critical recycle and reuse solutions for their waste streams, enabling customers to address their complex environmental challenges.
Executives
Tom George Vadaketh officer: SVP and CFO 1727 JOCKEYS WAY, YARDLEY PA 19067
Peter Francis Minan officer: Chief Financial Officer 350 POPLAR CHURCH ROAD, CAMP HILL PA 17011
Rebecca Martinez O'mara director KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Timothy M Laurion director 100 N. 18TH STREET, SUITE 1700, PHILADELPHIA PA 19103
Jeffrey A Beswick officer: SVP & Grp. Pres., Clean Earth 933 FIRST AVENUE, SUITE 200, KING OF PRUSSIA PA 19406
Jennifer Ott Kozak officer: Senior Vice President & CHRO 100-120 NORTH 18TH STREET, 17TH FLOOR, PHILADELPHIA PA 19103
Grasberger F Nicholas Iii officer: Sr. V.P. & CFO 350 POPLAR CHURCH ROAD, CAMP HILL PA 17011
Anshooman Aga officer: SVP and CFO PO BOX 85587, SAN DIEGO CA 92186-5587
David Stanton officer: SVP & Group Pres. Clean Earth SOUTHWEST WATER COMPANY, 624 SOUTH GRAND AVE, SUITE 2900, LOS ANGELES CA 90017
Russell C. Hochman officer: SVP, GC, CCO and Corp. Sec. 350 POPLAR CHURCH ROAD, CAMP HILL PA 17011
John S Quinn director C/O ALLIED WASTE INDUSTRIES, INC., 15880 N. GREENWAY-HAYDEN LOOP, SUITE 100, SCOTTSDALE AZ 85260
Wendy A. Livingston officer: Senior Vice President and CHRO 350 POPLAR CHURCH ROAD, CAMP HILL PA 17011
Purvis Edgar M Jr director 8000 W. FLORISSANT AVENUE, ST. LOUIS MO 63136
Tracey L. Mckenzie officer: Vice President & CHRO 350 POPLAR CHURCH ROAD, CAMP HILL PA 17011
Phillip Widman director C/O TEREX CORP, 200 NYALA FARM ROAD, WESTPORT CT 06880