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Knoll (KNL) Total Inventories : $207 Mil (As of Mar. 2021)


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What is Knoll Total Inventories?

Knoll's total inventories for the quarter that ended in Mar. 2021 was $207 Mil. Knoll's average total inventories from the quarter that ended in Dec. 2020 to the quarter that ended in Mar. 2021 was $200 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Knoll's Net-Net Working Capital per share for the quarter that ended in Mar. 2021 was $-16.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Knoll's Days Inventory for the three months ended in Mar. 2021 was 108.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Knoll's Inventory Turnover for the quarter that ended in Mar. 2021 was 0.84.

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. Knoll's Inventory-to-Revenue for the quarter that ended in Mar. 2021 was 0.76.


Knoll Total Inventories Historical Data

The historical data trend for Knoll'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.

Knoll Total Inventories Chart

Knoll Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 142.07 144.95 170.50 195.90 193.10

Knoll Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 203.90 202.70 205.40 193.10 206.50

Knoll 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.


Knoll  (NYSE:KNL) 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.

Knoll's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2021 is

Net-Net Working Capital Per Share (Q: Mar. 2021 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(10.8+0.75 * 77.6+0.5 * 206.5-847.9
-166.9-0)/50.813
=-16.58

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

Knoll's Days Inventory for the three months ended in Mar. 2021 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2021 )/Cost of Goods Sold (Q: Mar. 2021 )*Days in Period
=199.8/168.5*365 / 4
=108.20

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

Knoll's Inventory Turnover for the quarter that ended in Mar. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2021 ) / Average Total Inventories (Q: Mar. 2021 )
=168.5 / 199.8
=0.84

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.

Knoll's Inventory to Revenue for the quarter that ended in Mar. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2021 ) / Revenue (Q: Mar. 2021 )
=199.8 / 264.2
=0.76

* 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.


Knoll Total Inventories Related Terms

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Knoll (KNL) Business Description

Traded in Other Exchanges
N/A
Address
1235 Water Street, East Greenville, PA, USA, 18041
Knoll Inc designs and manufactures appliances for use both in the workplace and at home. The company's product portfolio includes furniture, textiles, leathers, accessories, and architectural and acoustical elements, via the brand's Knoll Office, KnollStudio, KnollTextiles, KnollExtra, Spinneybeck, Edelman Leather, and Holly Hunt. Knoll operates through Office and Lifestyle and Corporate segments.
Executives
Global Furniture Holdings S.a R.l 10 percent owner 23 AVENUE MONTEREY LUXEMBOURG N4 L-2163
David L Schutte officer: EVP - Lifestyle C/O KNOLL, INC. 1235 WATER STREET EAST GREENVILLE PA 18041
Stephanie Stahl director C/O KNOLL, INC., 1235 WATER STREET, EAST GREENVILLE PA 18041
Investindustrial Advisors Ltd 10 percent owner 16 PALACE STREET LONDON X0 SW1E 5JD
Global Furniture Investments S.a R.l. 10 percent owner 23, AVENUE MONTEREY LUXEMBOURG N4 L-2163
Investments Sarl Furniture 10 percent owner 23 AVENUE MONTEREY LUXEMBOURG N4 L-2163
Furniture Investments Management S.a R.l 10 percent owner 23, AVENUE MONTEREY LUXEMBOURG N4 L-2163
Furniture Investments Acquisitions S.c.s. 10 percent owner 23 AVENUE MONTEREY LUXEMBOURG N4 L-2163
Investindustrial Vii L.p. 10 percent owner 16 PALACE STREET LONDON X0 SW1E 5JD
Ronald R Kass director C/O KNOLL, INC. 1235 WATER STREET EAST GREENVILLE PA 18041
Daniel W Dienst director 325 N. LASALLE ST., SUITE 550, CHICAGO IL 60610
Stephen F Fisher director C/O ENTERCOM COMMUNICATIONS CORP., 401 CITY AVENUE, SUITE 809, BALA CYNWYD PA 19004
Christopher G Kennedy director C/O INTERFACE INC, 2859 PACES FERRY ROAD SUITE 2000, ATLANTA GA 30339
Jeffrey Harris director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Sarah E Nash director 200 MILIK STREET, CARTERET NJ 07008

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