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SunCoke Energy (SunCoke Energy) Total Inventories : $183 Mil (As of Dec. 2023)


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What is SunCoke Energy Total Inventories?

SunCoke Energy's total inventories for the quarter that ended in Dec. 2023 was $183 Mil. SunCoke Energy's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $195 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. SunCoke Energy's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-8.94.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SunCoke Energy's Days Inventory for the three months ended in Dec. 2023 was 40.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. SunCoke Energy's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.28.

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. SunCoke Energy's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.37.


SunCoke Energy Total Inventories Historical Data

The historical data trend for SunCoke Energy'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.

SunCoke Energy Total Inventories Chart

SunCoke Energy 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 147.00 126.60 127.00 175.20 182.60

SunCoke Energy 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 175.20 234.80 200.40 206.80 182.60

SunCoke Energy 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.


SunCoke Energy  (NYSE:SXC) 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.

SunCoke Energy'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)
=(140.1+0.75 * 88.3+0.5 * 182.6-1014.9
-0-31.3)/83.757
=-8.94

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

SunCoke Energy'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
=194.7/443.4*365 / 4
=40.07

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

SunCoke Energy'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 )
=443.4 / 194.7
=2.28

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.

SunCoke Energy'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 )
=194.7 / 520.6
=0.37

* 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.


SunCoke Energy Total Inventories Related Terms

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SunCoke Energy (SunCoke Energy) Business Description

Traded in Other Exchanges
Address
1011 Warrenville Road, Suite 600, Lisle, IL, USA, 60532
SunCoke Energy Inc operates as an independent producer of coke in the Americas. The company operates through three segments: Domestic Coke, Brazil Coke, and Logistics. It offers metallurgical and thermal coal. The company also provides handling and/or mixing services to steel, coke, electric utility, coal producing, and other manufacturing-based customers.
Executives
Phillip Michael Hardesty officer: Senior Vice President SUNCOKE ENERGY, INC., 1011 WARRENVILLE ROAD, STE 600, LISLE IL 60532
Andrei Alexander Mikhalevsky director 1011 WARRENVILLE ROAD, STE 600, LISLE IL 60532
Michael Ward Lewis director 2551 GLEN EAGLES DRIVE, OLYMPIA FIELDS IL 60461
Della Ratta Ralph M Jr director 1690 CHAGRIN RIVER ROAD, GATES MILLS OH 44040
Arthur F Anton director 29500 SOLON ROAD, SOLON OH 44139
Martha Z. Carnes director 6316 WINDFERN ROAD, HOUSTON TX 77040
Mark W. Marinko officer: SR VP, Chief Financial Officer C/O GREAT LAKES DREDGE & DOCK CORP., 2122 YORK ROAD, SUITE 200, OAK BROOK IL 60523
Katherine T Gates officer: Sr VP & General Counsel 1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532
Bonnie M Edeus officer: Vice President & Controller 1011 WARRENVILLE ROAD, STE 600, LISLE IL 60532
James E Sweetnam director DANA HOLDING CORPORATION, 3939 TECHNOLOGY DRIVE, MAUMEE OH 43537
John W Rowe director
John F Quanci officer: Vice President, Technology and 1011 WARRENVILLE ROAD STE 600, LISLE IL 60532
Michael G Rippey director, officer: President and CEO C/O OLYMPIC STEEL, INC., 22901 MILLCREEK BLVD., HIGHLAND HILLS OH 44122
Susan R. Landahl director 24545 S. MOORMAN AVENUE, CHANNAHON IL 60410
Mangrove Partners Fund (cayman), Ltd. 10 percent owner MAPLES CORP. SVCS, PO BOX 309, UGLAND HOUSE, S. CHURCH STREET, GEORGE TOWN E9 KY1-1104