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Kemet (KEM) Total Inventories : $243 Mil (As of Mar. 2020)


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What is Kemet Total Inventories?

Kemet's total inventories for the quarter that ended in Mar. 2020 was $243 Mil. Kemet's average total inventories from the quarter that ended in Dec. 2019 to the quarter that ended in Mar. 2020 was $253 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Kemet's Net-Net Working Capital per share for the quarter that ended in Mar. 2020 was $-5.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kemet's Days Inventory for the three months ended in Mar. 2020 was 114.84.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kemet's Inventory Turnover for the quarter that ended in Mar. 2020 was 0.79.

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. Kemet's Inventory-to-Revenue for the quarter that ended in Mar. 2020 was 0.86.


Kemet Total Inventories Historical Data

The historical data trend for Kemet'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.

Kemet Total Inventories Chart

Kemet Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 168.88 147.96 204.39 241.13 243.21

Kemet Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 241.13 256.14 268.22 263.12 243.21

Kemet 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.


Kemet  (NYSE:KEM) 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.

Kemet's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2020 is

Net-Net Working Capital Per Share (Q: Mar. 2020 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(222.399+0.75 * 144.743+0.5 * 243.21-745.835
-0-0)/58.274
=-5.03

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

Kemet's Days Inventory for the three months ended in Mar. 2020 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2020 )/Cost of Goods Sold (Q: Mar. 2020 )*Days in Period
=253.1665/201.165*365 / 4
=114.84

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

Kemet's Inventory Turnover for the quarter that ended in Mar. 2020 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2020 ) / Average Total Inventories (Q: Mar. 2020 )
=201.165 / 253.1665
=0.79

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.

Kemet's Inventory to Revenue for the quarter that ended in Mar. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2020 ) / Revenue (Q: Mar. 2020 )
=253.1665 / 293.174
=0.86

* 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.


Kemet Total Inventories Related Terms

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Kemet (KEM) Business Description

Traded in Other Exchanges
N/A
Address
One East Broward Boulevard, KEMET Tower, Fort Lauderdale, FL, USA, 33301
Kemet Corp together with its subsidiaries manufactures and sells passive electronic components under the KEMET brand worldwide and the TOKIN brand in Japan and Korea. Its product line consists of multilayer ceramic, tantalum, film, and aluminum (solid and electrolytic) capacitors, and Electro-Magnetic Compatible devices, sensors, and actuators. It serves to original equipment manufacturers, electronics manufacturing services providers, and electronics distributors. It has three reportable segments: Solid Capacitors, Film and Electrolytic, and MSA. A vast majority of its revenue is derived from the Solid Capacitors segment. It serves through four geographic regions: North America and South America, Europe, the Middle East, and Africa, Asia and the Pacific Rim and Japan and Korea.
Executives
Karen M Rogge director APPLIED MICRO CIRCUITS CORP, 4555 GREAT AMERICA PARKWAY, SUITE 601, SANTA CLARA CA 95054
Maddrey E Erwin Ii director 233 N MAIN STREET, SUITE 200, GREENVILLE SC 29601
Gurminder S Bedi director ONE CAMPUS MARTIUS, DETROIT MI 48226
Robert G Paul director 68 SOUTH SERVICE ROAD, SUITE 230, MELVILLE NY 11747
Gregory C Thompson officer: Executive VP-CFO 1000 ABERNATHY ROAD N.E., STE 1200, ATLANTA GA 30328
Jacob Kotzubei director 360 NORTH CRESCENT DRIVE, BEVERLY HILLS CA 90210
Lowe William M Jr director, officer: CEO P.O. BOX 5928, GREENVILLE SC 29606
Platinum Equity Llc 10 percent owner, other: See Footnote (3)(4)(5) 360 NORTH CRESCENT DRIVE, BEVERLY HILLS CA 90210
Tom Gores 10 percent owner, other: See Footnote (3)(4)(5) C/O PLATINUM EQUITY, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Platinum Equity Capital Partners Ii Lp 10 percent owner, other: See Footnote (3)(4)(5) 360 North Crescent Drive, Beverly Hills CA 90210
Joseph D Swann director C/O ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Jeffrey A Graves director, officer: CEO C/O C&D TECHNOLOGIES, INC., 1400 UNION MEETING RD, BLUE BELL PA 19422
William E Bachrach officer: Vice President, Business Devel 11 CABOT BOULEVARD MANSFIELD MA 02048
Citigroup Inc director 388 GREENWICH STREET, NEW YORK NY 10013
Iticorp director 399 PARK AVENUE, NEW YORK NY 10043