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Rayonier Advanced Materials (Rayonier Advanced Materials) Total Inventories : $228 Mil (As of Mar. 2024)


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What is Rayonier Advanced Materials Total Inventories?

Rayonier Advanced Materials's total inventories for the quarter that ended in Mar. 2024 was $228 Mil. Rayonier Advanced Materials's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $218 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Rayonier Advanced Materials's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-16.93.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rayonier Advanced Materials's Days Inventory for the three months ended in Mar. 2024 was 56.63.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rayonier Advanced Materials's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.61.

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. Rayonier Advanced Materials's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.56.


Rayonier Advanced Materials Total Inventories Historical Data

The historical data trend for Rayonier Advanced Materials'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.

Rayonier Advanced Materials Total Inventories Chart

Rayonier Advanced Materials 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 251.18 170.65 230.69 265.33 207.47

Rayonier Advanced Materials Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 237.36 219.31 242.69 207.47 228.05

Rayonier Advanced Materials 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.


Rayonier Advanced Materials  (NYSE:RYAM) 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.

Rayonier Advanced Materials'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)
=(54.608+0.75 * 152.938+0.5 * 228.05-1393.296
-0-0)/65.5548
=-16.93

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

Rayonier Advanced Materials'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
=217.762/350.895*365 / 4
=56.63

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

Rayonier Advanced Materials'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 )
=350.895 / 217.762
=1.61

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.

Rayonier Advanced Materials'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 )
=217.762 / 387.656
=0.56

* 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.


Rayonier Advanced Materials Total Inventories Related Terms

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Rayonier Advanced Materials (Rayonier Advanced Materials) Business Description

Traded in Other Exchanges
Address
1301 Riverplace Boulevard, Suite 2300, Jacksonville, FL, USA, 32207
Rayonier Advanced Materials Inc manufactures high-purity cellulose derived from wood. Also known as cellulose specialties, the company's products are used in a variety of applications, including cigarette filters, liquid crystal displays, paints, pharmaceuticals, and food. The company operates in the reportable segments of High Purity Cellulose, Paperboard, High-Yield Pulp, and Corporate and Other. The key revenue is derived from the High Purity Cellulose segment. Geographically, it derives a majority of revenue from the United States.
Executives
Bryan D Yokley director 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Posze James L Jr officer: SVP, Human Resources 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Joshua C. Hicks officer: SVP, High Purity Cellulose 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Julie Dill director 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Delyle W Bloomquist director RAYONIER ADVANCED MATERIALS INC., 1301 RIVERPLACE BLVD., SUITE 2300, JACKSONVILLE FL 32207
Lisa M Palumbo director C/O EDO CORP, 60 EAST 42ND STREET 42ND FL, NEW YORK NY 10165
Michael D Osborne officer: Vice President, Manufacturing 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Charles R Eggert director 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Vito J Consiglio director, officer: President and CEO RAYONIER ADVANCED MATERIALS INC., 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Ribeyrolle Christian Antoine Lucien officer: Vice President, Biomaterials 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Kenneth James Duffy officer: VP, Sales & Marketing, HYP etc 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Charles E Adair director
Gabriela Garcia officer: CAO, VP, Corporate Controller 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Anthony R Matthews officer: VP, Supply Chain 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
David C Mariano director 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207

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