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Layne Christensen Co (Layne Christensen Co) Total Inventories : $23.3 Mil (As of Apr. 2018)


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What is Layne Christensen Co Total Inventories?

Layne Christensen Co's total inventories for the quarter that ended in Apr. 2018 was $23.3 Mil. Layne Christensen Co's average total inventories from the quarter that ended in Jan. 2018 to the quarter that ended in Apr. 2018 was $21.6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Layne Christensen Co's Net-Net Working Capital per share for the quarter that ended in Apr. 2018 was $-11.13.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Layne Christensen Co's Days Inventory for the three months ended in Apr. 2018 was 22.95.

Inventory Turnover measures how fast the company turns over its inventory within a year. Layne Christensen Co's Inventory Turnover for the quarter that ended in Apr. 2018 was 3.98.

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. Layne Christensen Co's Inventory-to-Revenue for the quarter that ended in Apr. 2018 was 0.19.


Layne Christensen Co Total Inventories Historical Data

The historical data trend for Layne Christensen 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.

* Premium members only.

Layne Christensen Co Total Inventories Chart

Layne Christensen Co Annual Data
Trend Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.48 29.09 19.54 18.70 20.02

Layne Christensen Co Quarterly Data
Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18
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 20.18 21.04 19.49 20.02 23.26

Layne Christensen 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.


Layne Christensen Co  (NAS:LAYN) 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.

Layne Christensen Co's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2018 is

Net-Net Working Capital Per Share (Q: Apr. 2018 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(17.805+0.75 * 73.681+0.5 * 23.258-307.88
-0-0.048)/20.059
=-11.13

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

Layne Christensen Co's Days Inventory for the three months ended in Apr. 2018 is calculated as:

Days Inventory=Average Total Inventories (Q: Apr. 2018 )/Cost of Goods Sold (Q: Apr. 2018 )*Days in Period
=21.639/86.026*365 / 4
=22.95

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

Layne Christensen Co's Inventory Turnover for the quarter that ended in Apr. 2018 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Apr. 2018 ) / Average Total Inventories (Q: Apr. 2018 )
=86.026 / 21.639
=3.98

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.

Layne Christensen Co's Inventory to Revenue for the quarter that ended in Apr. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Apr. 2018 ) / Revenue (Q: Apr. 2018 )
=21.639 / 114.551
=0.19

* 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.


Layne Christensen Co Total Inventories Related Terms

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Layne Christensen Co (Layne Christensen Co) Business Description

Traded in Other Exchanges
N/A
Address
Layne Christensen Co started more than 100 years ago as a water-well drilling company, and over the years, it has expanded to include water treatment and infrastructure construction services, and mineral exploration drilling services. In 2002, the company entered the energy industry and now develops and produces gas from tight shales and coal seams.
Executives
Nesser John T Iii director 777 N ELDRIDGE PARKWAY, HOUSTON TX 77079
Alan Krusi director AECOM, 555 SOUTH FLOWER ST. 37TH FLOOR, LOS ANGELES CA 90071
J Michael Anderson officer: Senior Vice President and CFO
Brown David A B director
Michael J Caliel director 1800 WEST LOOP SOUTH, SUITE 500, HOUSTON TX 77027
Nelson Obus director
Wynnefield Small Cap Value Offshore Fund Ltd other: Affiliate 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Capital Inc other: Affiliate 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp other: Affiliate 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Wynnefield Capital Management Llc other: Affiliate 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp I other: Affiliate 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Joshua Landes other: Affiliate
Andrew B Schmitt director 1900 SHAWNEE MISSION PKWY, MISSION WOODS KS 66205
Donald K Miller director
Wynnefield Capital, Inc. Profit Sharing Plan director, 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123