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DT Midstream (DT Midstream) Total Inventories : $0.0 Mil (As of Mar. 2024)


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What is DT Midstream Total Inventories?

DT Midstream's total inventories for the quarter that ended in Mar. 2024 was $0.0 Mil. DT Midstream's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $0.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. DT Midstream's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-47.80.

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

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

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. DT Midstream's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.


DT Midstream Total Inventories Historical Data

The historical data trend for DT Midstream'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.

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DT Midstream Total Inventories Chart

DT Midstream Annual Data
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DT Midstream Quarterly Data
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DT Midstream 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.


DT Midstream  (NYSE:DTM) 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.

DT Midstream's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(41+0.75 * 136+0.5 * 0-4645
-0-140)/97.1091
=-47.80

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

DT Midstream's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=0/0*365 / 4
=

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

DT Midstream's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=0 / 0
=N/A

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.

DT Midstream's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=0 / 240
=0.00

* 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.


DT Midstream Total Inventories Related Terms

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DT Midstream (DT Midstream) Business Description

Traded in Other Exchanges
N/A
Address
500 Woodward Avenue, Suite 2900, Detroit, MI, USA, 48226-1279
DT Midstream Inc is an owner, operator, and developer of natural gas midstream interstate and intrastate pipelines; storage and gathering systems; and compression, treatment, and surface facilities. It provides multiple, integrated natural gas services to customers through interstate pipelines, intrastate pipelines, storage systems, lateral pipelines and related treatment plants and compression and surface facilities, and gathering systems and related treatment plants and compression and surface facilities. The segments of the group are Pipeline and Gathering. It generates revenue from pipeline, storage, and gathering systems, substantially all of which are located in the Midwestern U.S., Eastern Canada, Northeastern U.S., and Gulf Coast regions.
Executives
Jeffrey A Jewell officer: Executive V.P., CFO ONE ENERGY PLAZA, DETROIT MI 48226
Peter I Tumminello director TEN PEACHTREE PLACE, ATLANTA GA 30309
Skaggs Robert C Jr director, officer: Executive Chairman 5151 SAN FELIPE, SUITE 2500, HOUSTON TX 77056
Elaine M Pickle director ONE ENERGY PLAZA, DETROIT MI 48226
David Slater director, officer: President and CEO ONE ENERGY PLAZA, DETROIT MI 48226
Angela N Archon director 294 ROUTE 100, BUILDING 1, SOMERS NY 10589
Melissa Cox officer: Sr. VP Admin. 500 WOODWARD AVE, SUITE 2900, DETROIT MI 48226
Wright Iii Lassiter director 500 PLAZA DRIVE, C/O QUEST DIAGNOSTICS, SECAUCUS NJ 07094
Dwayne Andree Wilson director 6700 LAS COLINAS BOULEVARD, IRVING TX 75039
Stephen W Baker director 5400 WESTHEIMER COURT, HOUSTON TX 77056
Redmond Richard L Jr officer: E.V.P., Chief Admin. Off. ONE ENERGY PLAZA, DETROIT MI 48226
Wendy Ellis officer: E.V.P., Gen Counsel & Corp Sec ONE ENERGY PLAZA, 1610 WCB, DETROIT MI 48226
Christopher Zona officer: E.V.P., Chief Oper. Off. ONE ENERGY PLAZA, DETROIT MI 48226
Dte Energy Co 10 percent owner ONE ENERGY PLAZA, DETROIT MI 48226

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