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IES Holdings (IES Holdings) Total Inventories : $114 Mil (As of Dec. 2023)


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What is IES Holdings Total Inventories?

IES Holdings's total inventories for the quarter that ended in Dec. 2023 was $114 Mil. IES Holdings's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $105 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. IES Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-2.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. IES Holdings's Days Inventory for the three months ended in Dec. 2023 was 19.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. IES Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.69.

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. IES Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.17.


IES Holdings Total Inventories Historical Data

The historical data trend for IES Holdings'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.

IES Holdings Total Inventories Chart

IES Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.54 24.89 68.57 96.33 95.66

IES Holdings 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 99.63 106.31 102.59 95.66 113.77

IES Holdings 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.


IES Holdings  (NAS:IESC) 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.

IES Holdings'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)
=(87.456+0.75 * 469.337+0.5 * 113.774-498.407
-0-54.969)/20.214
=-2.82

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

IES Holdings'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
=104.7145/490.64*365 / 4
=19.47

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

IES Holdings'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 )
=490.64 / 104.7145
=4.69

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.

IES Holdings'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 )
=104.7145 / 634.444
=0.17

* 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.


IES Holdings Total Inventories Related Terms

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IES Holdings (IES Holdings) Business Description

Traded in Other Exchanges
Address
2 Riverway, Suite 1730, Houston, TX, USA, 77056
IES Holdings Inc owns and manages subsidiaries that design and installs integrated electrical and technology systems and provide infrastructure products and services. It has four business segments; Communications, Residential, Infrastructure Solutions and Commercial & Industrial. Majority of the revenue for the company is generated from its Residential segment in which the company provides electrical installation services for single-family housing and multi-family apartment complexes, as well as heating, ventilation and air conditioning (HVAC) and plumbing installation services. Through this segment it also provides services for the installation of residential solar power, both for new construction and existing residences.
Executives
Gendell Jeffrey L Et Al director, 10 percent owner 200 PARK AVENUE SUITE 3900, NEW YORK NY 10166
Todd M Cleveland director 107 W. FRANKLIN ST., ELKHART IN 46515
Mary K Newman officer: VP, General Counsel & Corp Sec 2 RIVERWAY, SUITE 1730, HOUSTON TX 77056
Matthew J Simmes officer: Chief Operating Officer 2 RIVERWAY, SUITE 1730, HOUSTON TX 77056
Alison M Petersen officer: VP & Chief Accounting Officer 2 RIVERWAY, SUITE 1730, HOUSTON TX 77056
Tracy Mclauchlin officer: SVP, CFO & Treasurer 2 RIVERWAY, SUITE 1730, HOUSTON TX 77056
David B. Gendell director 2 RIVERWAY, SUITE 1730, HOUSTON TX 77056
Jennifer A Baldock director 7 WITHERELL DRIVE, GREENWICH CT 06831
Elizabeth Leykum director C/O 5500 TRILLIUM BOULEVARD, SUITE 501, HOFFMAN ESTATES IL 60192
Gary S Matthews director, officer: CEO and Director 5433 WESTHEIMER ROAD, SUITE 500, HOUSTON TX 77056
Donald L Luke director 5433 WESTHEIMER RD, SUITE 500, HOUSTON TX 77056
Gail D Makode officer: SVP, GC & Secretary ONE SOUND SHORE DR, SUITE 304, GREENWICH CT 06830
Tontine Capital Management Llc 10 percent owner C/O TORTINE PARTNERS LP, 55 RAILRAOD AVENUE 3RD FL, GREENWICH CT 06830
Tontine Capital Partners L P 10 percent owner C/O TONTINE CAPITAL MANAGEMENT LLC LP, 55 RAILROAD AVENUE 3RD FL, GREENWICH CT 06830
Tontine Associates, Llc 10 percent owner 1 SOUND SHORE DRIVE, SUITE 304, GREENWICH CT 06830