US Silica Holdings (US Silica Holdings) Total Inventories : $149 Mil (As of Dec. 2023)

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What is US Silica Holdings Total Inventories?

US Silica Holdings's total inventories for the quarter that ended in Dec. 2023 was $149 Mil. US Silica Holdings's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $156 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. US Silica Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-10.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. US Silica Holdings's Days Inventory for the three months ended in Dec. 2023 was 62.79.

Inventory Turnover measures how fast the company turns over its inventory within a year. US Silica Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.45.

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. US Silica Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.46.

US Silica Holdings Total Inventories Historical Data

The historical data trend for US Silica Holdings'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.

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US Silica Holdings Total Inventories Chart

US Silica Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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124.43

104.68

115.71

147.63

149.43

US Silica Holdings 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															147.63	152.42	161.82	162.64	149.43

US Silica Holdings 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.

US Silica Holdings (NYSE:SLCA) 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.

US Silica Holdings'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)
=	(245.716	+	0.75 * 184.866	+	0.5 * 149.429	-	1241.066
-	0	-	6.219)	/	77.1922
=	-10.21

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

US Silica Holdings'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
	=	156.0325	/	226.764	*	365 / 4
	=	62.79

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

US Silica Holdings'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 )
	=	226.764	/	156.0325
	=	1.45

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.

US Silica Holdings'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 )
	=	156.0325	/	336.037
	=	0.46

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.

US Silica Holdings Total Inventories Related Terms

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US Silica Holdings (US Silica Holdings) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » US Silica Holdings Inc (NYSE:SLCA) » Definitions » Total Inventories

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USI:Germany

Address

24275 Katy Freeway, Suite 600, Katy, TX, USA, 77494

Website

https://www.ussilica.com

US Silica Holdings Inc is the supplier of sand used in the hydraulic fracturing of oil and gas wells. The company delivers sand in basins via its extensive logistics network and has an emerging last-mile logistics capability to deliver sand direct to the well site. Its operating segment includes Oil and Gas Proppants and Industrial and Specialty Products. The company generates maximum revenue from the Oil and Gas Proppants segment.

Executives

Kevin Hough	officer: EVP & Chief Financial Officer	24275 KATY FREEWAY, SUITE 600, KATY TX 77494
Bryan Adair Shinn	director, officer: President & CEO	8490 PROGRESS DRIVE, SUITE 300, FREDERICK MD 21701
Jay Moreau	officer: EVP & Chief Operating Officer	24275 KATY FREEWAY, SUITE 600, KATY TX 77494
Jimmi Sue Smith	director	625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222
Simon Bates	director	62 WHITTEMORE AVE, CAMBRIDGE MA 02140
Diane K Duren	director	PO BOX 45308, OMAHA NE 68145
Donald A Merril	officer: EVP & Chief Financial Officer	1293 SOUTH MAIN STREET, AKRON OH 44301
Stacy Russell	officer: SVP General Counsel	24275 KATY FREEWAY, SUITE 600, KATY TX 77494
William Jennings Kacal	director	2112 INWOOD DRIVE, HOUSTON TX 77019
Charles W Shaver	director	C/O US SILICA, 8490 PROGRESS DR. STE 300, FREDERICK MD 21701
Michael L Winkler	officer: EVP & Chief Operating Officer	8490 PROGRESS DRIVE, SUITE 300, FREDERICK MD 21701
Sandra Rogers	director	24275 KATY FREEWAY, SUITE 600, KATY TX 77494
Zach Carusona	officer: President Specialty Minerals	24275 KATY FREEWAY, SUITE 600, KATY TX 77494
James Derek Ussery	officer: President Oil and Gas	1301 MCKINNEY ST, STE 1800, HOUSTON TX 77010
Donna Lynnette Crowder	officer: SVP and CHRO	24275 KATY FREEWAY, SUITE 600, KATY TX 77494