Monarch Cement Co (Monarch Cement Co) Total Inventories : $53.07 Mil (As of Sep. 2023)

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What is Monarch Cement Co Total Inventories?

Monarch Cement Co's total inventories for the quarter that ended in Sep. 2023 was $53.07 Mil. Monarch Cement Co's average total inventories from the quarter that ended in Sep. 2022 to the quarter that ended in Sep. 2023 was $26.54 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Monarch Cement Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $12.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Monarch Cement Co's Days Inventory for the three months ended in Sep. 2023 was 53.12.

Inventory Turnover measures how fast the company turns over its inventory within a year. Monarch Cement Co's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.72.

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. Monarch Cement Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.37.

Monarch Cement Co Total Inventories Historical Data

The historical data trend for Monarch Cement Co'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.

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Monarch Cement Co Total Inventories Chart

Monarch Cement Co Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Total Inventories

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31.26

31.54

34.18

33.34

33.90

Monarch Cement Co Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep22	Sep23
Total Inventories	Get a 7-Day Free Trial															33.90	36.89	37.32	-	53.07

Monarch Cement Co 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.

Monarch Cement Co (OTCPK:MCEM) 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.

Monarch Cement Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

	Net-Net Working Capital Per Share (Q: Sep. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(33.697	+	0.75 * 29.773	+	0.5 * 53.072	-	37.773
-	0	-	0)	/	3.68977
=	12.14

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

Monarch Cement Co's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	26.536	/	45.585	*	365 / 4
	=	53.12

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

Monarch Cement Co's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2023 )	/	Average Total Inventories (Q: Sep. 2023 )
	=	45.585	/	26.536
	=	1.72

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.

Monarch Cement Co's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	26.536	/	72.699
	=	0.37

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.

Monarch Cement Co Total Inventories Related Terms

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Monarch Cement Co (Monarch Cement Co) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Monarch Cement Co (OTCPK:MCEM) » Definitions » Total Inventories

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Address

449 1200 Street, P.O. Box 1000, Humboldt, KS, USA, 66748-0900

Website

https://www.monarchcement.com

Monarch Cement Co is principally engaged in the manufacture and sale of portland cement. The company's subsidiaries together are engaged in the ready-mixed concrete, concrete products, and sundry building materials business. Ready-mixed concrete is manufactured by combining aggregates with portland cement, water and chemical admixtures in batch plants. It is then loaded into mixer trucks and mixed in transit to the construction site where it is delivered to the contractor. The company groups its operations into two lines of business: Cement Business and Ready-Mixed Concrete Business, of which key revenue is derived from the Cement business segment.

Monarch Cement Co (Monarch Cement Co) Headlines

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