Sensient Technologies (Sensient Technologies) Total Inventories

: $598 Mil (As of Dec. 2023)

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Sensient Technologies's total inventories for the quarter that ended in Dec. 2023 was $598 Mil. Sensient Technologies's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $593 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sensient Technologies's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-10.20.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sensient Technologies's Days Inventory for the three months ended in Dec. 2023 was 216.80.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sensient Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.42.

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. Sensient Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.70.

Sensient Technologies Total Inventories Historical Data

The historical data trend for Sensient Technologies'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.

Sensient Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

422.52

381.35

411.64

564.11

598.40

Sensient Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories																564.11	573.71	588.46	587.02	598.40

Sensient Technologies 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.

Sensient Technologies (NYSE:SXT) 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.

Sensient Technologies'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)
=	(28.934	+	0.75 * 272.164	+	0.5 * 598.399	-	961.183
-	0	-	0)	/	42.0695
=	-10.20

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

Sensient Technologies'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
	=	592.7115	/	249.472	*	365 / 4
	=	216.80

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

Sensient Technologies'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 )
	=	249.472	/	592.7115
	=	0.42

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.

Sensient Technologies'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 )
	=	592.7115	/	349.302
	=	1.70

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.

Sensient Technologies Total Inventories Related Terms

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Sensient Technologies (Sensient Technologies) Business Description

Industry

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Traded in Other Exchanges

SSF:Germany

Address

777 East Wisconsin Avenue, Milwaukee, WI, USA, 53202-5304

Website

https://www.sensient.com

Sensient Technologies Corp manufactures and markets natural and synthetic colors, flavors, and other specialty ingredients. The company has a widespread network of facilities around the globe, and its customers operate across a variety of end markets. Sensient's offerings are predominantly applied to consumer-facing products, including food and beverage, cosmetics and pharmaceuticals, nutraceutical and personal care industries. The Company's principal products are flavors, flavor enhancers, ingredients, extracts, and bionutrients, essential oils, dehydrated vegetables and other food ingredients, natural and synthetic food and beverage colors and others. The company's three reportable segments were the Flavors & Extracts Group and the Color Group and, Asia Pacific Group.

Executives

E. Craig Mitchell	officer: Pres, Flavors & Fragrances Grp	777 E. WISCONSIN AVENUE, MILWAUKEE WI 53202
Anstalt Winder	10 percent owner	ZOLLSTRASSE 16, SCHAAN N2 9494
Investment Anstalt Winder	10 percent owner	ZOLLSTRASSE 16, SCHAAN N2 9494
Winder Pte. Ltd.	10 percent owner	6 BATTERY ROAD #19-01A, SINGAPORE U0 049909
Cunha Kathleen Da	director	777 E. WISCONSIN AVE., SUITE 1100, MILWAUKEE WI 53202
Winder Investment Pte Ltd	10 percent owner	19-01A 6 BATTERY ROAD, SINGAPORE U0 049909
Sharad P Jain	director	777 E. WISCONSIN AVE., SUITE 1100, MILWAUKEE WI 53202
Freemont Capital Pte Ltd	10 percent owner	19-01A 6 BATTERY ROAD, SINGAPORE U0 049909
Foundation Haldor	10 percent owner	ZOLLSTRASSE 16, SCHAAN N2 9494
Essie Whitelaw	director	777 E WISCONSIN AVE, MILWAUKEE WI 53202
Elaine R Wedral	director	C/O BALCHEM CORP, P O BOX 600, NEW HAMPTON NY 10958
Paul Manning	officer: President, Color Group	777 E. WISCONSIN AVE., MILWAUKEE WI 53202
Joseph Carleone	director	3883 HOWARD HUGHES PKWY, SUITE 700, LAS VEGAS NV 89169
Carol R Jackson	director	777 E. WISCONSIN AVENUE, MILWAUKEE WI 53202
Thierry Hoang	officer: VP, Asia Pacific Group	25B CHANCERY LANE, SINGAPORE U0 309515