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Lydall (Lydall) Total Inventories : $88.2 Mil (As of Jun. 2021)


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What is Lydall Total Inventories?

Lydall's total inventories for the quarter that ended in Jun. 2021 was $88.2 Mil. Lydall's average total inventories from the quarter that ended in Mar. 2021 to the quarter that ended in Jun. 2021 was $84.8 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Lydall's Net-Net Working Capital per share for the quarter that ended in Jun. 2021 was $-14.96.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lydall's Days Inventory for the three months ended in Jun. 2021 was 44.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lydall's Inventory Turnover for the quarter that ended in Jun. 2021 was 2.05.

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. Lydall's Inventory-to-Revenue for the quarter that ended in Jun. 2021 was 0.38.


Lydall Total Inventories Historical Data

The historical data trend for Lydall'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.

Lydall Total Inventories Chart

Lydall 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 66.15 80.34 84.47 80.54 79.00

Lydall Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 80.30 71.17 79.00 81.45 88.23

Lydall 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.


Lydall  (NYSE:LDL) 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.

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

Net-Net Working Capital Per Share (Q: Jun. 2021 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(102.544+0.75 * 128.407+0.5 * 88.226-512.701
-0-0)/18.033
=-14.96

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

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

Days Inventory=Average Total Inventories (Q: Jun. 2021 )/Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=84.837/173.958*365 / 4
=44.50

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

Lydall's Inventory Turnover for the quarter that ended in Jun. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2021 ) / Average Total Inventories (Q: Jun. 2021 )
=173.958 / 84.837
=2.05

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.

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

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2021 ) / Revenue (Q: Jun. 2021 )
=84.837 / 221.744
=0.38

* 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.


Lydall Total Inventories Related Terms

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Lydall (Lydall) Business Description

Traded in Other Exchanges
N/A
Address
One Colonial Road, Manchester, CT, USA, 06042
Lydall Inc, through its subsidiaries, designs and manufactures specialty engineered filtration media, industrial thermal insulating solutions, automotive thermal and acoustical barriers, medical filtration media and devices. The company's products are primarily sold directly to customers through an internal sales force and distributed via common carrier. Its reportable segments were Performance Materials, Technical Nonwovens and Thermal Acoustical Solutions. It derives most of its revenues from the United States of America.
Executives
Robert B. Junker officer: President, Lydall TNW LYDALL, INC. ONE COLONIAL ROAD MANCHESTER CT 06042
Kathleen Burdett director 553 AMOSTOWN ROAD WEST SPRINGFIELD MA 01089
Soderstrom S Carl Jr director 2135 WEST MAPLE RD, TROY MI 04084
Matthew Farrell director
Joseph A. Abbruzzi officer: Pres., Thermal Acoustical Solu C/O LYDALL, INC. ONE COLONIAL ROAD MANCHESTER CT 06042
Kelly C. Scott officer: Vice President, CHRO C/O LYDALL, INC. ONE COLONIAL ROAD MANCHESTER CT 06042
Marc T Giles director 1 COLONIAL ROAD, MANCHESTER CT 06042
John J Tedone officer: VP Finance & Chief Acct Off 501 DUNN ROAD, COVENTRY CT 06238
Ashish P. Diwanji officer: SVP, Innovation & CTO C/O LYDALL, INC. ONE COLONIAL ROAD MANCHESTER CT 06074
James J Cannon director 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Suzanne Hammett director
William D Gurley director C/O LYDALL, INC. 1 COLONIAL ROAD PO BOX 151 MANCHESTER CT 06040
David G Bills director 1500 DEKOVEN AVE., RACINE WI 53403
Randall B Gonzales officer: EXEC VP & CFO EOS ENERGY ENTERPRISES, INC., 3920 PARK AVENUE, EDISON NJ 08820
Paul A Marold officer: President, Lydall PM ONE COLONIAL ROAD MANCHESTER CT 06042