RPM International's total inventories for the quarter that ended in Feb. 2024 was $1,081 Mil. RPM International's average total inventories from the quarter that ended in Nov. 2023 to the quarter that ended in Feb. 2024 was $1,092 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. RPM International's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was $-18.97.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
RPM International's Days Inventory for the
three
months ended in Feb. 2024 was 108.78.
Inventory Turnover measures how fast the company turns over its inventory within a year.
RPM International's Inventory Turnover for the quarter that ended in Feb. 2024 was 0.84.
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.
RPM International's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.72.
RPM International Total Inventories Historical Data
The historical data trend for RPM International'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.
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.
RPM International (NYSE:RPM) 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.
RPM International's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2024 is
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.
RPM International's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as
* 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.
RPM International Total Inventories Related Terms
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RPM International (RPM International) Business Description
RPM International Inc manufactures and sells a variety of paints, coatings, and adhesives. The firm organizes itself into four segments based on product type. The construction products group sells coatings, roofing, insulation, and other products to distributers, contractors, and end consumers globally. The performance coatings group produces coatings that are used in construction and industrial applications like floorings and corrosion control. The consumer group sells paint, finishes, and similar products to individual consumers through hardware and craft stores. The specialty products group sells a variety of products ranging from niche applications of the other groups, to marine finishes, to edible food colorings. The majority of revenue comes from North America.
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