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Valmont Industries (Valmont Industries) Total Inventories : $658 Mil (As of Dec. 2023)


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What is Valmont Industries Total Inventories?

Valmont Industries's total inventories for the quarter that ended in Dec. 2023 was $658 Mil. Valmont Industries's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $676 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Valmont Industries's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-54.31.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Valmont Industries's Days Inventory for the three months ended in Dec. 2023 was 84.21.

Inventory Turnover measures how fast the company turns over its inventory within a year. Valmont Industries's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.08.

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. Valmont Industries's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.67.


Valmont Industries Total Inventories Historical Data

The historical data trend for Valmont Industries'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.

Valmont Industries Total Inventories Chart

Valmont Industries 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 418.37 448.94 728.83 728.76 658.43

Valmont Industries 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 728.76 725.36 729.74 693.63 658.43

Valmont Industries 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.


Valmont Industries  (NYSE:VMI) 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.

Valmont Industries'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)
=(203.041+0.75 * 657.96+0.5 * 658.428-2060.376
-0-62.792)/20.2088
=-54.31

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

Valmont Industries'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
=676.0285/732.585*365 / 4
=84.21

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

Valmont Industries'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 )
=732.585 / 676.0285
=1.08

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.

Valmont Industries'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 )
=676.0285 / 1015.526
=0.67

* 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.


Valmont Industries Total Inventories Related Terms

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Valmont Industries (Valmont Industries) Business Description

Traded in Other Exchanges
Address
15000 Valmont Plaza, Omaha, NE, USA, 68154-5215
Valmont began in 1946 when founder, Robert B. Daugherty, combined his $5,000 savings with a wholehearted belief that business could and should be done better. From those modest beginnings, the company grew into a global leader, designing and manufacturing highly engineered products and services that support infrastructure development and agricultural productivity. Two primary business segments comprise Valmont: Agriculture and Infrastructure. Valmont have 85 manufacturing facilities in 22 countries, and do business in more than 100 countries across six continents.
Executives
Aaron M Schapper officer: EVP Infrastructure VALMONT INDUSTRIES INC, 15000 VALMONT PLAZA, OMAHA NE 68154
Theodor Werner Freye director VALMONT INDUSTRIES INC, 15000 VALMONT PLAZA, OMAHA NE 68154
John Timothy Donahue officer: EVP, Corp/Business Development VALMONT INDUSTRIES INC, 15000 VALMONT PLAZA, OMAHA NE 68135
Stephen G Kaniewski officer: President & COO 15000 VALMONT PLAZA, 15000 VALMONT PLAZA, OMAHA NE 68154
Daas Kaj Den director EIFELLAAN #3, 5691 GW, SON EN BREUGEL P7 00000
Gene Padgett officer: CAO VALMONT INDUSTRIES, INC., 15000 VALMONT PLAZA, OMAHA NE 68154
Timothy Francis officer: VP Corporate Controller VALMONT INDUSTRIES, INC., 15000 VALMONT PLAZA, OMAHA NE 68154-5215
Thomas Mitchell Parnell officer: SVP, Human Resources VALMONT INDUSTRIES, INC., 15000 VALMONT PLAZA, OMAHA NE 68154
Renee L Campbell officer: SVP, Investor Relations, Treas VALMONT INDUSTRIES, 15000 VALMONT PLAZA, OMAHA NE 68154
R Andrew Massey officer: VP, Legal and Compliance VALMONT INDUSTRIES INC, 15000 VALMONT PLAZA, OMAHA NE 68154
James B. Milliken director ONE VALMONT PLAZA, 13815 FIRST NATIONAL BANK PARKWAY, OMAHA NE 68135
Mogens C Bay director, officer: Chairman and CEO 15000 VALMONT PLAZA, OMAHA NE 68154
Randt Clark T. Jr. director ONE VALMONT PLAZA, 13815 FIRST NATIONAL BANK PARKWAY, OMAHA NE 68154
Joan Robinson-berry director VALMONT INDUSTRIES INC, 15000 VALMONT PLAZA, OMAHA NE 68175
Ritu Favre director 12367 CROSTHWAITE CIRCLE, POWAY CA 92064

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