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CASY (Casey's General Stores) Total Inventories : $482 Mil (As of Jan. 2025)


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What is Casey's General Stores Total Inventories?

Casey's General Stores's total inventories for the quarter that ended in Jan. 2025 was $482 Mil. Casey's General Stores's average total inventories from the quarter that ended in Oct. 2024 to the quarter that ended in Jan. 2025 was $457 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Casey's General Stores's Net-Net Working Capital per share for the quarter that ended in Jan. 2025 was $-111.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Casey's General Stores's Days Inventory for the three months ended in Jan. 2025 was 13.95.

Inventory Turnover measures how fast the company turns over its inventory within a year. Casey's General Stores's Inventory Turnover for the quarter that ended in Jan. 2025 was 6.54.

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. Casey's General Stores's Inventory-to-Revenue for the quarter that ended in Jan. 2025 was 0.12.


Casey's General Stores Total Inventories Historical Data

The historical data trend for Casey's General Stores'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.

Casey's General Stores Total Inventories Chart

Casey's General Stores Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 236.01 286.60 396.20 376.09 428.72

Casey's General Stores Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 414.72 428.72 452.02 432.27 482.10

Casey's General Stores 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.


Casey's General Stores  (NAS:CASY) 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.

Casey's General Stores's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2025 is

Net-Net Working Capital Per Share (Q: Jan. 2025 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(394.815+0.75 * 166.231+0.5 * 482.101-4802.862
-0-0)/36.403
=-111.04

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

Casey's General Stores's Days Inventory for the three months ended in Jan. 2025 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2025 )/Cost of Goods Sold (Q: Jan. 2025 )*Days in Period
=457.1845/2991.065*365 / 4
=13.95

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

Casey's General Stores's Inventory Turnover for the quarter that ended in Jan. 2025 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2025 ) / Average Total Inventories (Q: Jan. 2025 )
=2991.065 / 457.1845
=6.54

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.

Casey's General Stores's Inventory to Revenue for the quarter that ended in Jan. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2025 ) / Revenue (Q: Jan. 2025 )
=457.1845 / 3903.633
=0.12

* 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.


Casey's General Stores Total Inventories Related Terms

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Casey's General Stores Business Description

Traded in Other Exchanges
Address
One Se Convenience Boulevard, Ankeny, IA, USA, 50021
Casey's serves as the nation's third-largest convenience store chain with its 2,900 locations primarily positioned in the Midwest United States. About half of Casey's stores are located in rural towns with populations under 5,000. While fueling stations serve as a key traffic driver, about two thirds of the company's gross profit stems from in-store sales of grocery items, prepared meals, and general merchandise. Casey's owns more than 90% of its stores and operates most of its warehousing and distribution processes internally.
Executives
Mike Spanos director PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Katrina S Lindsey officer: Chief Legal Officer & Sec. ONE SE CONVENIENCE BLVD., ANKENY IA 50021
Williams Ena Koschel officer: Chief Operating Officer 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Darren M Rebelez director, officer: President and CEO 1722 ROUTH STREET, SUITE 1000, DALLAS TX 75201-2502
Brennan Thomas P Jr officer: SVP, Chief Merch. Officer ONE SE CONVENIENCE BOULEVARD, ANKENY IA 50021
Sri Donthi director 5008 AIRPORT ROAD NW, ROANOKE VA 24021
Larree M Renda director
Greg Trojan director ONE ICON, FOOTHILL RANCH CA 92610
Julia L Jackowski officer: SVP, Corp Gen Counsel & HR CASEY'S GENERAL STORES, INC., ONE CONVENIENCE BLVD., PO BOX 3001, ANKENY IA 50021
Diane C Bridgewater director 8161 HEATHER BOW, JOHNSTON IA 50131
Brian Joseph Johnson officer: SVP, Store Development CASEY'S GENERAL STORES, INC., ONE CONVENIENCE BLVD., ANKENY IA 50021
Bramlage Stephen P Jr officer: Chief Financial Officer ARAMARK, 1101 MARKET STREET, PHILADELPHIA PA 19107
Adrian M Butler officer: Chief Information Officer 111 NORTH CANAL STREET, SUITE 850, CHICAGO IL 60606
William J Walljasper officer: Senior VP and CFO ONE CONVENIENCE BLVD, PO BOX 3001, ANKENY IA 50021
Chad Michael Frazell officer: SVP, Chief HR Officer TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027