GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » MDU Resources Group Inc (NYSE:MDU) » Definitions » Total Inventories
中文

MDU Resources Group (MDU Resources Group) Total Inventories : $87 Mil (As of Dec. 2023)


View and export this data going back to 1948. Start your Free Trial

What is MDU Resources Group Total Inventories?

MDU Resources Group's total inventories for the quarter that ended in Dec. 2023 was $87 Mil. MDU Resources Group's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $84 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. MDU Resources Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-20.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MDU Resources Group's Days Inventory for the three months ended in Dec. 2023 was 8.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. MDU Resources Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 10.74.

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. MDU Resources Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.07.


MDU Resources Group Total Inventories Historical Data

The historical data trend for MDU Resources Group'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.

MDU Resources Group Total Inventories Chart

MDU Resources Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 278.41 291.17 335.61 64.25 87.39

MDU Resources Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 64.25 425.83 60.15 80.24 87.39

MDU Resources Group 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.


MDU Resources Group  (NYSE:MDU) 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.

MDU Resources Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(48.875+0.75 * 942.782+0.5 * 87.392-4927.926
-0-0)/203.689
=-20.27

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

MDU Resources Group's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=83.8135/900.319*365 / 4
=8.49

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

MDU Resources Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=900.319 / 83.8135
=10.74

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.

MDU Resources Group's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=83.8135 / 1135.32
=0.07

* 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.


MDU Resources Group Total Inventories Related Terms

Thank you for viewing the detailed overview of MDU Resources Group's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


MDU Resources Group (MDU Resources Group) Business Description

Traded in Other Exchanges
Address
1200 West Century Avenue, P.O. Box 5650, Bismarck, ND, USA, 58506-5650
MDU Resources Group Inc operates in five business segments, which includes: Electric segment, which generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming; The natural gas distribution segment distributes natural gas in those states, as well as in Idaho, Minnesota, Oregon and Washington; The pipeline segment provides natural gas transportation and underground storage services through a regulated pipeline system primarily in the Rocky Mountain and northern Great Plains regions of the United States; The construction materials and contracting segment mines, processes and sells construction aggregates (crushed stone, sand, and gravel); produces and sells asphalt mix, and supplies ready-mixed concrete; and The construction services segment.
Executives
Rob L. Johnson officer: President-WBI Holdings 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Paul R. Sanderson officer: VP, CLO & Secretary 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
James H. Gemmel director C/O CORVEX MANAGEMENT LP, 667 MADISON AVENUE, NEW YORK NY 10065
Brian R. Gray officer: President & CEO-Knife River 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
German Carmona-alvarez director 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Thomas S Everist director
Nicole A Kivisto officer: Controller P. O. BOX 5650, BISMARCK ND 58506-5650
Dale Rosenthal director 101 CONSTITUTION AVENUE, NW, WASHINGTON DC 20080
Karl A Liepitz officer: VP, Gen Counsel & Secretary 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Jason L Vollmer officer: Treasurer & Director of Cash 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
David M Sparby director 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Margaret A Link officer: Chief Information Officer 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Dennis W Johnson director TMI BUSINESS DESIGHNS CORP, 50 3 AVENUE WAY, DICKINSON ND 58601
David C Barney officer: President & CEO - Knife River 1150 WEST CENTURY AVENUE, BISMARCK ND 58503
Stephanie A Barth officer: VP, CAO & Controller 1200 WEST CENTURY AVENUE, BISMARCK ND 58503