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CLMT (Calumet) Total Inventories : $416 Mil (As of Dec. 2024)


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What is Calumet Total Inventories?

Calumet's total inventories for the quarter that ended in Dec. 2024 was $416 Mil. Calumet's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $413 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Calumet's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-35.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Calumet's Days Inventory for the three months ended in Dec. 2024 was 43.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Calumet's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.10.

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. Calumet's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.43.


Calumet Total Inventories Historical Data

The historical data trend for Calumet'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.

Calumet Total Inventories Chart

Calumet Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 254.90 326.60 497.70 439.40 416.30

Calumet Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 439.40 403.10 394.80 409.50 416.30

Calumet 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.


Calumet  (NAS:CLMT) 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.

Calumet's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(38.1+0.75 * 241.7+0.5 * 416.3-3224.5
-0-245.6)/85.950
=-35.40

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

Calumet's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=412.9/865.9*365 / 4
=43.51

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

Calumet's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=865.9 / 412.9
=2.10

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.

Calumet's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=412.9 / 949.5
=0.43

* 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.


Calumet Total Inventories Related Terms

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Calumet Business Description

Traded in Other Exchanges
N/A
Address
1060 N Capitol Avenue, Suite 6-401, Indianapolis, IN, USA, 46204-1044
Calumet Inc is a producer of specialty products, including base oils, specialty oils, solvents, esters, and waxes, as well as a variety of fuel and fuel-related products, including asphalt and heavy fuel oils. The company manufactures, formulates, and markets a variety of specialty branded products to customers in various consumer-facing and industrial markets. Its segments include: Specialty Products and Solutions; Montana/Renewables; Performance Brands; and Corporate. The company generates maximum revenue from Fuels, asphalt and other by-products.
Executives
Stephen P Mawer director 2780 WATERFRONT PKWY E. DRIVE, SUITE 200, INDIANAPOLIS IN 46214
Jennifer Straumins officer: President and COO 2780 WATERFRONT PKWY E. DRIVE, SUITE 200, INDIANAPOLIS IN 46214
Daniel L Sheets director 29400 LAKELAND BOULEVARD, WICKLIFFE OH 44092
Daniel J Sajkowski director 5400 WEST 86TH STREET, INDIANAPOLIS IN 46268
John G. Boss director 260 HUDSON RIVER ROAD, WATERFORD NY 12188
Ryan Willman officer: Chief Accounting Officer 2780 WATERFRONT PKWY E. DR., STE. 200, INDIANAPOLIS IN 46214
Scott Obermeier officer: EVP - Commercial 2780 WATERFRONT PARKWAY, E. DRIVE, INDIANAPOLIS IN 46214
James S Carter director 2780 WATERFRONT PKWY. E. DRIVE, SUITE 200, INDIANPOLIS IN 46214
Louis Todd Borgmann officer: SVP and Interim CFO 2780 WATERFRONT PARKWAY, E. DRIVE, SUITE 200, INDIANAPOLIS IN 46214
Karen A. Twitchell director 9 COURTLANDT PLACE, HOUSTON TX 77006
Marc Lawn officer: EVP - Performance Brands 2780 WATERFRONT PKWY E. DRIVE, SUITE 200, INDIANAPOLIS IN 46214
Paul C Raymond director HERCULES PLAZA, 1313 N MARKET STREET, WILMINGTON DE 19894
Vincent Donargo officer: Chief Accounting Officer ONE CELADON DRIVE, 9503 E. 33RD STREET, INDIANAPOLIS IN 46235
H. Keith Jennings officer: Chief Financial Officer 2000 ST. JAMES PLACE, HOUSTON TX 77056
A Anderson William officer: VP - Sales and Marketing 2780 WATERFRONT PARKWAY E. DRIVE,, SUITE 200, INDIANAPOLIS IN 46214