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Cadre Holdings (Cadre Holdings) Total Inventories : $81.0 Mil (As of Dec. 2023)


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What is Cadre Holdings Total Inventories?

Cadre Holdings's total inventories for the quarter that ended in Dec. 2023 was $81.0 Mil. Cadre Holdings's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $81.8 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Cadre Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-1.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cadre Holdings's Days Inventory for the three months ended in Dec. 2023 was 99.71.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cadre Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.92.

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. Cadre Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.66.


Cadre Holdings Total Inventories Historical Data

The historical data trend for Cadre 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.

* Premium members only.

Cadre Holdings Total Inventories Chart

Cadre Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
62.13 60.92 63.98 70.27 80.98

Cadre Holdings Quarterly Data
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 70.27 76.34 82.78 82.55 80.98

Cadre 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.


Cadre Holdings  (NYSE:CDRE) 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.

Cadre 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)
=(87.691+0.75 * 58.36+0.5 * 80.976-234.017
-0-0)/37.5874
=-1.65

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

Cadre 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
=81.761/74.825*365 / 4
=99.71

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

Cadre 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 )
=74.825 / 81.761
=0.92

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.

Cadre 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 )
=81.761 / 124.583
=0.66

* 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.


Cadre Holdings Total Inventories Related Terms

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Cadre Holdings (Cadre Holdings) Business Description

Traded in Other Exchanges
N/A
Address
13386 International Parkway, Jacksonville, FL, USA, 32218
Cadre Holdings Inc is engaged in the design and manufacture of a diversified product portfolio of critical safety and survivability equipment to protect first responders, federal agencies, outdoor recreation, and personal protection markets. The Company's equipment provides critical protection to allow its users to safely and securely perform their duties and protect those around them in hazardous or life-threatening situations. Its operations are comprised of two reportable segments: Products and Distribution.
Executives
Blaine Browers officer: CHIEF FINANCIAL OFFICER 13386 INTERNATIONAL PARKWAY, JACKSONVILLE FL 32218
Warren B Kanders director, 10 percent owner, officer: CEO AND CHAIRMAN ONE LANDMARK SQUARE, 22ND FLOOR, STAMFORD, CT 06901
Nicolas Sokolow director 100 BLVD MALESHERBES, PARIS I0 00000
Brad Williams officer: PRESIDENT 13386 INTERNATIONAL PARKWAY, JACKSONVILLE FL 32218
Deborah A Decotis director 1633 BROADWAY, NEW YORK NY 10019
Quigley William G Iii director
Hamish Norton director 13386 INTERNATIONAL PARKWAY, JACKSONVILLE FL 32218
Maui Holdings, Llc 10 percent owner 340 ROYAL POINCIANA WAY, SUITE 317-250, PALM BEACH FL 33480