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Materion (Materion) Total Inventories : $442 Mil (As of Dec. 2023)


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What is Materion Total Inventories?

Materion's total inventories for the quarter that ended in Dec. 2023 was $442 Mil. Materion's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $447 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Materion's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-24.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Materion's Days Inventory for the three months ended in Dec. 2023 was 119.45.

Inventory Turnover measures how fast the company turns over its inventory within a year. Materion's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.76.

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. Materion's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.06.


Materion Total Inventories Historical Data

The historical data trend for Materion'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.

Materion Total Inventories Chart

Materion 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 236.25 250.78 361.12 423.08 441.60

Materion 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 423.08 434.49 455.34 452.04 441.60

Materion 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.


Materion  (NYSE:MTRN) 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.

Materion'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)
=(13.294+0.75 * 192.747+0.5 * 441.597-877.673
-0-0)/20.646
=-24.17

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

Materion'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
=446.8195/341.328*365 / 4
=119.45

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

Materion'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 )
=341.328 / 446.8195
=0.76

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.

Materion'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 )
=446.8195 / 421.043
=1.06

* 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.


Materion Total Inventories Related Terms

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Materion (Materion) Business Description

Traded in Other Exchanges
Address
6070 Parkland Boulevard, Mayfield Heights, OH, USA, 44124
Materion Corp is a producer of engineered materials based in the United States. The company produces materials used in electrical, electronic, thermal, and structural applications. The company operates in four reportable segments: Performance Materials, Electronic Materials, Precision Optics, and Other. The majority of revenue is derived from Electronic Materials.
Executives
Gregory R. Chemnitz officer: Vice President General Counsel 6070 PARKLAND BLVD., MAYFIELD HTS. OH 44124
Emily M Liggett director
John M Zaranec officer: Chief Accounting Officer 6070 PARKLAND BLVD, MAYFIELD HTS OH 44124
Craig S Shular director C/O GRAFTECH INTERNATIONAL LTD, 12900 SNOW ROAD, PARMA OH 44130
Shelly Marie Chadwick officer: Vice President, Finance & CFO 6070 PARKLAND BLVD, MAYFIELD HTS. OH 44124
Vinod M Khilnani director 905 WEST BLVD NORTH, ELKHART IN 46514
Patrick M. Prevost director C/O SOUTHWESTERN ENERGY COMPANY, 10000 ENERGY DRIVE, SPRING TX 77389-4954
Joseph P Kelley officer: Vice President, Finance & CFO 6070 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
Robert J Phillippy director
Joseph P Keithley director NORDSON CORP, 28601 CLEMENS RD, WESTLAKE OH 44145
Richard J Hipple officer: President of Alloy Products 10035 HUNTING DRIVE, BRECKSVILLE OH 44141
N Mohan Reddy director MATERION CORPORATION, 6070 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
Jugal K. Vijayvargiya officer: President and CEO C/O DELPHI AUTOMOTIVE, 5725 DELPHI DRIVE, TROY MI 48098
John D Grampa officer: VP Finance, CFO MATERION CORPORATION, 6070 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
William B Lawrence director 7875 OLD MILL RD, GATES MILLS OH 44040

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