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Core-Mark Holding Co (Core-Mark Holding Co) Total Inventories : $848 Mil (As of Jun. 2021)


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What is Core-Mark Holding Co Total Inventories?

Core-Mark Holding Co's total inventories for the quarter that ended in Jun. 2021 was $848 Mil. Core-Mark Holding Co's average total inventories from the quarter that ended in Mar. 2021 to the quarter that ended in Jun. 2021 was $802 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Core-Mark Holding Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2021 was $-15.94.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Core-Mark Holding Co's Days Inventory for the three months ended in Jun. 2021 was 17.21.

Inventory Turnover measures how fast the company turns over its inventory within a year. Core-Mark Holding Co's Inventory Turnover for the quarter that ended in Jun. 2021 was 5.30.

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. Core-Mark Holding Co's Inventory-to-Revenue for the quarter that ended in Jun. 2021 was 0.18.


Core-Mark Holding Co Total Inventories Historical Data

The historical data trend for Core-Mark Holding Co'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.

Core-Mark Holding Co Total Inventories Chart

Core-Mark Holding Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 596.60 689.10 689.00 670.90 758.50

Core-Mark Holding Co Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 638.90 832.20 758.50 756.50 847.90

Core-Mark Holding Co 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.


Core-Mark Holding Co  (NAS:CORE) 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.

Core-Mark Holding Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2021 is

Net-Net Working Capital Per Share (Q: Jun. 2021 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(34.3+0.75 * 412.6+0.5 * 847.9-1487.8
-0-0)/45.1753
=-15.94

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

Core-Mark Holding Co's Days Inventory for the three months ended in Jun. 2021 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2021 )/Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=802.2/4252.2*365 / 4
=17.21

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

Core-Mark Holding Co's Inventory Turnover for the quarter that ended in Jun. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2021 ) / Average Total Inventories (Q: Jun. 2021 )
=4252.2 / 802.2
=5.30

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.

Core-Mark Holding Co's Inventory to Revenue for the quarter that ended in Jun. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2021 ) / Revenue (Q: Jun. 2021 )
=802.2 / 4495.9
=0.18

* 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.


Core-Mark Holding Co Total Inventories Related Terms

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Core-Mark Holding Co (Core-Mark Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
1500 Solana Boulevard, Suite 3400, Westlake, TX, USA, 76262
Core-Mark Holding Co Inc is a wholesale distributor to the convenience retail industry in North America, providing sales, marketing, distribution, and logistics services to customers across the United States and Canada. The company offers customers a wide range of branded and private label products including cigarettes, food, candy, health and beauty products, and beverages. Geographically, it generates a majority of its revenue from the United States.
Executives
Christopher M Miller officer: Senior VP & CFO 200 FOURTH ST OAKLAND CA 94607
Scott E Mcpherson director, officer: President and CEO 395 OYSTER POINT BLVD, SUITE 415, SAN FRANCISCO CA 94080
Alan T Thomas officer: SVP, Western Divisions 395 OYSTER POINT BLVD SUITE 415 SOUTH SAN FRANCISCO CA 94080
Jennifer Hulett officer: Senior VP and Chief HR Officer 1500 SOLANA BLVD., SUITE 3400, WESTLAKE TX 76262
Christopher M Murray officer: SVP - Marketing 1500 SOLANA BLVD SUITE 3400 WESTLAKE TX 76262
Diane Randolph director 1500 SOLANA BLVD, SUITE 3400, WESTLAKE TX 76262
Stuart W Booth director C/O CENTRAL GARDEN & PET CO, 3697 MT DIABLO BLVD STE 310, LAFAYETTE CA 94549
David Jackson Lawrence officer: VP - Treasury & IR 1500 SOLANA BLVD BUILDING 3, SUITE 3400 WESTLAKE TX 76262
Jordana Daryl Kammerud officer: Senior VP and Chief HR Officer ONE RIVERFRONT PLAZA, CORNING NY 14831
Laura Jean Flanagan director 395 OYSTER POINT BLVD, SUITE 415, SOUTH SAN FRANCISCO CA 94080
Christopher Hobson officer: Senior VP US Distribution East 395 OYSTER POINT BLVD. SOUTH SAN FRANCISCO CA 94080
William Stein officer: Senior VP Enterprise Growth 395 OYSTER POINT BLVD SOUTH SAN FRANCISCO CA 94080
Eric Rolheiser officer: President - Canada Operations 395 OYSTER POINT BLVD. SUITE 415 SOUTH SAN FRANCISCO CA 94080
Rocky Dewbre director 46 FLORHAM PARK DR., SPRING TX 77379
Harvey L Tepner director 395 OYSTER POINT BLVD., SUITE 415, SAN FRANCISCO CA 94080

Core-Mark Holding Co (Core-Mark Holding Co) Headlines

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