GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Rayonier Inc (NYSE:RYN) » Definitions » Total Inventories

Rayonier (Rayonier) Total Inventories : $31 Mil (As of Dec. 2023)


View and export this data going back to 1994. Start your Free Trial

What is Rayonier Total Inventories?

Rayonier's total inventories for the quarter that ended in Dec. 2023 was $31 Mil. Rayonier's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $32 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Rayonier's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-10.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rayonier's Days Inventory for the three months ended in Dec. 2023 was 9.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rayonier's Inventory Turnover for the quarter that ended in Dec. 2023 was 9.33.

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's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.07.


Rayonier Total Inventories Historical Data

The historical data trend for Rayonier'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 Total Inventories Chart

Rayonier 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 14.52 10.59 28.52 23.73 31.02

Rayonier Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 23.73 30.30 32.33 33.14 31.02

Rayonier 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  (NYSE:RYN) 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'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)
=(207.696+0.75 * 28.652+0.5 * 31.017-1688.332
-0-98.717)/148.299
=-10.40

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

Rayonier'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
=32.078/299.373*365 / 4
=9.78

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

Rayonier'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 )
=299.373 / 32.078
=9.33

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'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 )
=32.078 / 467.407
=0.07

* 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 Total Inventories Related Terms

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


Rayonier (Rayonier) Business Description

Traded in Other Exchanges
Address
1 Rayonier Way, Wildlight, FL, USA, 32097
Rayonier owns and manages over 2 million acres of timberland in the United States. It is one the largest private landowners in North America. The firm also owns timberland in New Zealand. Rayonier is structured as a real estate investment trust and is not required to pay federal income taxes on earnings generated by timber harvest activities.
Executives
David L Nunes director, officer: Chief Executive Officer 1 RAYONIER WAY, WILDLIGHT FL 32097
Shelby L Pyatt officer: VP, Human Resources 1 RAYONIER WAY, YULEE FL 32097
Gregg A Gonsalves director C/O CEDAR REALTY TRUST, INC., 44 SOUTH BAYLES AVENUE, PORT WASHINGTON NY 11050
Mark Mchugh officer: Chief Financial Officer 1 RAYONIER WAY, YULEE FL 32097
Meridee Moore director
Douglas M Long officer: SVP, Forest Resources 1 RAYONIER WAY, WILDLIGHT FL 32097
April J. Tice officer: V.P. Corp Controller 1 RAYONIER WAY, YULEE FL 32097
Mark R Bridwell officer: VP, GC and Secretary 1 RAYONIER WAY, WILDLIGHT FL 32097
W. Rhett Rogers officer: VP, Portfolio Management 1 RAYONIER WAY, YULEE FL 32097
Matthew Justice Rivers director 1 RAYONIER WAY, WILDLIGHT FL 32097
Blanche L Lincoln director C/O ENTERGY CORPORATION LEGAL DEPARTMENT, 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Dod A Fraser director 1 RAYONIER WAY, YULEE FL 32097
Keith E Bass director 6208 BLAKEFORD DRIVE, WINDERMERE FL 34786
V. Larkin Martin director 1 RAYONIER WAY, YULEE FL 32097
Scott R. Jones director 1 RAYONIER WAY, YULEE FL 32097