Switch to:

Reynolds American Total Inventories

: $1,592 Mil (As of Mar. 2017)
View and export this data going back to 1999. Start your Free Trial

Reynolds American's total inventories for the quarter that ended in Mar. 2017 was $1,592 Mil. Reynolds American's average total inventories from the quarter that ended in Dec. 2016 to the quarter that ended in Mar. 2017 was $1,619 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Reynolds American's Net-Net Working Capital per share for the quarter that ended in Mar. 2017 was $-18.41.

Inventory can be measured by days sales of inventory (DSI). Reynolds American's days sales of inventory (DSI) for the three months ended in Mar. 2017 was 50.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Reynolds American's Days Inventory for the three months ended in Mar. 2017 was 123.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. Reynolds American's Inventory Turnover for the quarter that ended in Mar. 2017 was 0.74.

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. Reynolds American's Inventory-to-Revenue for the quarter that ended in Mar. 2017 was 0.55.


Reynolds American Total Inventories Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Reynolds American Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Total Inventories Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 984.00 1,127.00 1,281.00 1,734.00 1,645.00

Reynolds American Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
Total Inventories 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 Premium Member Only Premium Member Only Premium Member Only 1,658.00 1,541.00 1,604.00 1,645.00 1,592.00

Reynolds American 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.


Reynolds American  (NYSE:RAI) 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.

Reynolds American's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2017 is

Net-Net Working Capital Per Share (Q: Mar. 2017 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3154+0.75 * 55+0.5 * 1592-30253
-0-0)/1426.84
=-18.41

2. Inventory can be measured by Days Sales of Inventory (DSI).

Reynolds American's Days Sales of Inventory for the three months ended in Mar. 2017 is

Days Sales of Inventory (DSI)
=Total Inventories (Q: Mar. 2017 )/Revenue (Q: Mar. 2017 )*Days in Period
=1618.5/2949*365 / 4
=50.08

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

Reynolds American's Days Inventory for the three months ended in Mar. 2017 is calculated as:

Days Inventory=Total Inventories (Q: Mar. 2017 )/Cost of Goods Sold (Q: Mar. 2017 )*Days in Period
=1618.5/1199*365 / 4
=123.18

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

Reynolds American's Inventory Turnover for the quarter that ended in Mar. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2017 ) / Total Inventories (Q: Mar. 2017 )
=1199 / 1618.5
=0.74

5. 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.

Reynolds American's Inventory to Revenue for the quarter that ended in Mar. 2017 is calculated as

Inventory-to-Revenue=Total Inventories (Q: Mar. 2017 ) / Revenue (Q: Mar. 2017 )
=1618.5 / 2949
=0.55

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.


Reynolds American Total Inventories Related Terms


Reynolds American Total Inventories Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)