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CMT (Core Molding Technologies) Total Inventories : $20.7 Mil (As of Sep. 2024)


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What is Core Molding Technologies Total Inventories?

Core Molding Technologies's total inventories for the quarter that ended in Sep. 2024 was $20.7 Mil. Core Molding Technologies's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $21.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Core Molding Technologies's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $0.86.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Core Molding Technologies's Days Inventory for the three months ended in Sep. 2024 was 31.94.

Inventory Turnover measures how fast the company turns over its inventory within a year. Core Molding Technologies's Inventory Turnover for the quarter that ended in Sep. 2024 was 2.86.

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. Core Molding Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.29.


Core Molding Technologies Total Inventories Historical Data

The historical data trend for Core Molding Technologies'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.

Core Molding Technologies Total Inventories Chart

Core Molding Technologies 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 21.68 18.36 25.13 23.87 22.06

Core Molding Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 24.99 22.06 23.86 21.76 20.69

Core Molding Technologies 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.


Core Molding Technologies  (AMEX:CMT) 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.

Core Molding Technologies's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(42.348+0.75 * 36.777+0.5 * 20.687-72.811
-0-0)/8.65056
=0.86

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

Core Molding Technologies's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=21.2255/60.647*365 / 4
=31.94

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

Core Molding Technologies's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=60.647 / 21.2255
=2.86

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.

Core Molding Technologies's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=21.2255 / 72.992
=0.29

* 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.


Core Molding Technologies Total Inventories Related Terms

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Core Molding Technologies Business Description

Traded in Other Exchanges
N/A
Address
800 Manor Park Drive, Columbus, OH, USA, 43228-0183
Core Molding Technologies Inc operates in the engineered materials market as one operating segment as a molder of thermoplastic and thermoset structural products. It produces and sells molded products for varied markets, including medium and heavy-duty trucks, automobiles, power sports, construction and agriculture, building products, and other industrial markets. The processes include compression molding of sheet molding compound (SMC), resin transfer molding (RTM), liquid molding of dicyclopentadiene (DCPD), spray-up and hand-lay-up, direct long-fiber thermoplastics (D-LFT) and structural foam, and structural web injection molding (SIM). It operates operates in Columbus, Ohio; Gaffney, South Carolina; Winona, Minnesota; Matamoros and Escobedo, Mexico; and Cobourg, Ontario, Canada.
Executives
John P Zimmer officer: VP, Treasurer, Secretary & CFO 800 MANOR PARK DRIVE, COLUMBUS OH 43228
Renee R Anderson officer: EVP, Human Resources 800 MANOR PARK DR, COLUMBUS OH 43228
David L. Duvall director, officer: Chief Executive Officer 800 MANOR PARK DRIVE, COLUMBUS OH 43228
Matthew Jauchius director 800 MANOR PARK DRIVE, COLUMBUS OH 43228
Ralph O Hellmold director
Eric Palomaki officer: Vice President of Operations 800 MANOR PARK DRIVE, COLUMBUS OH 43228
Thomas R Cellitti director 493 S KENILWORTH AVENUE, ELMHURST IL 60126
James C Highfield officer: EVP, Sales and Marketing 800 MANOR PARK DRIVE, COLUMBUS OH 43228
Andrew O Smith director 800 MANOR PARK DRIVE, COLUMBUS OH 43228
James F Crowley director
Sandra Lee Kowaleski director 800 MANOR PARK DRIVE, COLUMBUS OH 43228
James L Simonton director
Robert P Price officer: Vice President of Operations 800 MANOR PARK DRIVE, COLUMBUS OH 43228
Terrence James O'donovan officer: VP, Marketing and Sales 800 MANOR PARK DRIVE, COLUMBUS OH 43228
Kevin L Barnett director, officer: President and CEO