Sturm Ruger (Sturm Ruger) Total Inventories

: $79.8 Mil (As of Dec. 2023)

View and export this data going back to 1990. Start your Free Trial

Sturm Ruger's total inventories for the quarter that ended in Dec. 2023 was $79.8 Mil. Sturm Ruger's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $79.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sturm Ruger's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $7.75.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sturm Ruger's Days Inventory for the three months ended in Dec. 2023 was 73.79.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sturm Ruger's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.24.

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. Sturm Ruger's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.61.

Sturm Ruger Total Inventories Historical Data

The historical data trend for Sturm Ruger'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.

Sturm Ruger Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

28.30

29.08

43.85

64.99

79.81

Sturm Ruger Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories																64.99	61.96	69.42	79.27	79.81

Sturm Ruger 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.

Sturm Ruger (NYSE:RGR) 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.

Sturm Ruger'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)
=	(117.659	+	0.75 * 59.864	+	0.5 * 79.81	-	67.096
-	0	-	0)	/	17.4586
=	7.75

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

Sturm Ruger'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
	=	79.5405	/	98.36	*	365 / 4
	=	73.79

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

Sturm Ruger'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 )
	=	98.36	/	79.5405
	=	1.24

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.

Sturm Ruger'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 )
	=	79.5405	/	130.617
	=	0.61

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.

Sturm Ruger Total Inventories Related Terms

Thank you for viewing the detailed overview of Sturm Ruger's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Sturm Ruger (Sturm Ruger) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Sturm Ruger & Co Inc (NYSE:RGR) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

ST2:Germany ST2:Germany

Address

1 Lacey Place, Southport, CT, USA, 06890

Website

http://www.ruger.com

Sturm Ruger & Co Inc and its subsidiary are principally engaged in the design, manufacture, and sale of firearms to domestic customers. The company's design and manufacturing operations are in the United States and almost all product content is domestic. The company primarily offers products in three industry product categories namely rifles, pistols, and revolvers. The company's firearms are sold through independent wholesale distributors, principally to the commercial sporting market. It also manufactures and sells investment castings made from steel alloys and metal injection molding parts for internal use in the firearms segment and has minimal sales to outside customers.

Executives

Michael W Wilson	officer: VP of Mayodan Operations	ONE LACEY PLACE, SOUTHPORT CT 06890
Amir Rosenthal	director	C/O KATY INDUSTRIES INC, 765 STRAITS TURNPIKE STE 2000, MIDDLEBURY CT 06762
Christopher John Killoy	officer: Vice President Sales and Mtg.	C/O STURM, RUGER, & COMPANY, INC., 1 LACEY PLACE, SOUTHPORT CT 06890
Reid Kevin B. Sr	officer: VP & General Counsel	C/O STURM, RUGER & CO. INC, 1 LACEY PLACE, SOUTHPORT CT 06890
Timothy Lowney	officer: VP of Prescott Operations	1 LACEY PLACE, SOUTHPORT CT 06890
Rebecca S Halstead	director	ONE LACEY PLACE, SOUTHPORT CT 06890
Shawn Christopher Leska	officer: Vice President, Sales	ONE LACEY PLACE, SOUTHPORT CT 06890
C Michael Jacobi	director	C/O KATY INDUSTRIES INC, 765 STRAITS TURNPIKE STE 2000, MIDDLEBURY CT 06762
Randall Wheeler	officer: VP of Newport Operations	1 LACEY PLACE, SOUTHPORT CT 06890
Terrence Gregory Oconnor	director	C/O HIGH RISE PARTNERS, 325 NORTH AVENUE EAST, WESTFIELD NJ 07090
Thomas Patrick Sullivan	officer: VP of Newport Operations	C/O STURM RUGER & COMPANY INC, ONE LACEY PLACE, SOUTHPORT CT 06890
Ronald C Whitaker	director	C/O STURM RUGER & COMPANY INC, ONE LACEY PLACE, SOUTHPORT CT 06890
Thomas Anthony Dineen	officer: Treasurer and CFO
Michael O Fifer	director, officer: President & CEO	C/O STURM RUGER & COMPANY, INC, ONE LACEY PLACE, SOUTHPORT CT 06890
Werkmeister Robert J Jr	officer: VP of Marketing	ONE LACEY PLACE, SOUTHPORT CT 06890