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Kraton (Kraton) Total Inventories : $477 Mil (As of Dec. 2021)


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What is Kraton Total Inventories?

Kraton's total inventories for the quarter that ended in Dec. 2021 was $477 Mil. Kraton's average total inventories from the quarter that ended in Sep. 2021 to the quarter that ended in Dec. 2021 was $462 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Kraton's Net-Net Working Capital per share for the quarter that ended in Dec. 2021 was $-40.80.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kraton's Days Inventory for the three months ended in Dec. 2021 was 115.22.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kraton's Inventory Turnover for the quarter that ended in Dec. 2021 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. Kraton's Inventory-to-Revenue for the quarter that ended in Dec. 2021 was 0.90.


Kraton Total Inventories Historical Data

The historical data trend for Kraton'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.

Kraton Total Inventories Chart

Kraton Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 393.44 441.48 364.67 353.05 477.34

Kraton Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 353.05 374.50 398.99 446.51 477.34

Kraton 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.


Kraton  (NYSE:KRA) 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.

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

Net-Net Working Capital Per Share (Q: Dec. 2021 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(130.519+0.75 * 230.939+0.5 * 477.34-1806.604
-0-50.676)/32.23
=-40.80

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

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

Days Inventory=Average Total Inventories (Q: Dec. 2021 )/Cost of Goods Sold (Q: Dec. 2021 )*Days in Period
=461.9225/365.84*365 / 4
=115.22

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

Kraton's Inventory Turnover for the quarter that ended in Dec. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2021 ) / Average Total Inventories (Q: Dec. 2021 )
=365.84 / 461.9225
=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.

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

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2021 ) / Revenue (Q: Dec. 2021 )
=461.9225 / 512.347
=0.90

* 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.


Kraton Total Inventories Related Terms

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Kraton (Kraton) Business Description

Traded in Other Exchanges
N/A
Address
15710 John F. Kennedy Boulevard, Suite 300, Houston, TX, USA, 77032
Kraton Corp is a specialty chemicals company that primarily manufactures elastomers and synthetic replacements for rubber. The company's operating segments include polymer and chemical. It generates a majority revenue from the polymer segment. The polymer segment is composed of styrenic block copolymers (SBCs) and other engineered polymers business. The firm's chemical segment is composed of its pine-based specialty products business. It is a geographically diverse company, oprating in the Americas, Europe, the Middle East, Africa and Asia-Pacific. The company's products are used in a wide range of applications, including adhesives, coatings, consumer and personal care products, sealants, lubricants, medical, packaging, automotive, paving and roofing, and footwear products.
Executives
Kevin Michael Fogarty director, officer: President and CEO 30 GRAND GARDEN COURT, THE WOODLANDS TX 77381
Vijay Mhetar officer: SVP, Chief Technology Officer 15710 JOHN F. KENNEDY BLVD., SUITE 300 HOUSTON TX 77032
Marcello C Boldrini officer: SVP & Chemical Seg. President 15710 JOHN F. KENNEDY BLVD. SUITE 300 HOUSTON TX 77032
Chris H. Russell officer: VP, Chief Accounting Officer 15710 JOHN F. KENNEDY BLVD., SUITE 300, HOUSOTN TX 77032
James Leo Simmons officer: SVP, General Counsel & Sec. 15710 JOHN F. KENNEDY BLVD. SUITE 300 HOUSTON TX 77032
Mark Santangelo officer: SVP, Global Operations 15710 JOHN F. KENNEDY BLVD., SUITE 300 HOUSTON TX 77032
Atanas H Atanasov officer: SVP, CFO and Treasurer C/O NGL ENERGY PARTNERS LP, 6120 S. YALE AVENUE, SUITE 805, TULSA OK 74136
Haddad Jose Fernando Cherubini other: Former SVP, Global Operations 15710 JOHN F KENNEDY BLVD SUITE 300 HOUSTON TX 77032
Heba Botros other: Former VP, Corp. Dev. 15710 JOHN F. KENNEDY BLVD. SUITE 300 HOUSTON TX 77032
Holger R. Jung officer: SVP & Polymer Seg. President 15710 JOHN F. KENNEDY BLVD. SUITE 300 HOUSTON TX 77032
Suzanna Pesgens officer: VP, Chief Procurement Officer 15710 JOHN F. KENNEDY BLVD.,SUITE 300 HOUSTON TX 77004
Melinda Scissors Conley officer: SVP & Chief HR Officer 15710 JFK BOULEVARD, SUITE 300 HOUSTON TX 77032
Shelley J Bausch director 15710 JOHN F. KENNEDY BLVD., SUITE 300, HOUSTON TX 77032
Billie Ida Williamson director 151 DETROIT STREET, DENVER CO 80206
Dan F Smith director 1221 MCKINNEY STREET, SUITE 700, HOUSTON TX 77010

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