GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Olin Corp (NYSE:OLN) » Definitions » Total Inventories

Olin (OLN) Total Inventories : $859 Mil (As of Dec. 2023)


View and export this data going back to 1974. Start your Free Trial

What is Olin Total Inventories?

Olin's total inventories for the quarter that ended in Dec. 2023 was $859 Mil. Olin's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $918 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Olin's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-35.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Olin's Days Inventory for the three months ended in Dec. 2023 was 58.56.

Inventory Turnover measures how fast the company turns over its inventory within a year. Olin's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.56.

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. Olin's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.57.


Olin Total Inventories Historical Data

The historical data trend for Olin'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.

Olin Total Inventories Chart

Olin 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 695.70 674.70 868.30 941.90 858.80

Olin 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 941.90 1,089.90 1,081.20 977.70 858.80

Olin 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.


Olin  (NYSE:OLN) 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.

Olin'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)
=(170.3+0.75 * 789.4+0.5 * 858.8-5444.9
-0-35.9)/120.2
=-35.68

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

Olin'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
=918.25/1430.9*365 / 4
=58.56

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

Olin'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 )
=1430.9 / 918.25
=1.56

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.

Olin'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 )
=918.25 / 1614.6
=0.57

* 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.


Olin Total Inventories Related Terms

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


Olin (OLN) Business Description

Traded in Other Exchanges
Address
190 Carondelet Plaza, Suite 1530, Clayton, MO, USA, 63105
Olin Corp manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into three segments based on the product type. The Chlor alkali products and Vinyls segment, which generates the majority of revenue, sells chlorine and caustic soda, which are used in a variety of industries including cosmetics, textiles, crop protection, and fire protection products. The Epoxy segment sells epoxy resins used in paints and coatings. The Winchester segment sells sporting ammunition and ammunition accessories under the Winchester brand. The majority of revenue comes from the United States.
Executives
Damian Gumpel officer: VP & Pres, CAPV C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Brett A Flaugher officer: VP & Pres, Winchester C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Valerie A Peters officer: VP, HR C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Julie A Piggott director 500 N AKARD ST. SUITE 400, DALLAS TX 75201
Heidi S Alderman director C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
James A Varilek officer: EVP & COO C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
R Nichole Sumner officer: VP & Controller OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Scott D. Ferguson director 250 WEST 55TH STREET, 34TH FLOOR, NEW YORK NY 10019
C Robert Bunch director C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Patrick Murphy Schumacher officer: VP & President, CAPV C/O OLIN CORPORATION, 190 CARONDELET PLZ, SUITE 1530, CLAYTON MO 63105
Dana C. O'brien officer: Senior VP, GC & Secretary 1111 LOUISIANA STREET, HOUSTON TX 77002
Pat D Dawson officer: EVP-Pres, Intl & Corp Strategy C/O OLIN CORPORATION, 190 CARONDELET PLAZA, SUITE 1530, CLAYTON MO 63105
W Anthony Will director C/O CF INDUSTRIES HOLDINGS, INC., 4 PARKWAY NORTH, SUITE 400, DEERFIELD IL 60015
Matthew S Darnall director C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Teresa M Vermillion officer: VP & Treasurer C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105

Olin (OLN) Headlines