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The Cooper's total inventories for the quarter that ended in Oct. 2024 was $803 Mil. The Cooper's average total inventories from the quarter that ended in Jul. 2024 to the quarter that ended in Oct. 2024 was $791 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. The Cooper's Net-Net Working Capital per share for the quarter that ended in Oct. 2024 was $-15.96.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The Cooper's Days Inventory for the three months ended in Oct. 2024 was 211.85.
Inventory Turnover measures how fast the company turns over its inventory within a year. The Cooper's Inventory Turnover for the quarter that ended in Oct. 2024 was 0.43.
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. The Cooper's Inventory-to-Revenue for the quarter that ended in Oct. 2024 was 0.78.
The historical data trend for The Cooper'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.
The Cooper Annual Data | |||||||||||||||||||||
Trend | Oct15 | Oct16 | Oct17 | Oct18 | Oct19 | Oct20 | Oct21 | Oct22 | Oct23 | Oct24 | |||||||||||
Total Inventories | Get a 7-Day Free Trial | 570.40 | 585.60 | 628.70 | 735.60 | 802.70 |
The Cooper Quarterly Data | ||||||||||||||||||||
Jan20 | Apr20 | Jul20 | Oct20 | Jan21 | Apr21 | Jul21 | Oct21 | Jan22 | Apr22 | Jul22 | Oct22 | Jan23 | Apr23 | Jul23 | Oct23 | Jan24 | Apr24 | Jul24 | Oct24 | |
Total Inventories | Get a 7-Day Free Trial | 735.60 | 747.50 | 775.40 | 779.30 | 802.70 |
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.
The Cooper (NAS:COO) 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.
The Cooper's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2024 is
Net-Net Working Capital Per Share (Q: Oct. 2024 ) | |||||||
= | (Cash And Cash Equivalents | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (107.6 | + | 0.75 * 717 | + | 0.5 * 802.7 | - | 4231.6 |
- | 0 | - | 0.2) | / | 199.6 | ||
= | -15.96 |
2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
The Cooper's Days Inventory for the three months ended in Oct. 2024 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Oct. 2024 ) | / | Cost of Goods Sold (Q: Oct. 2024 ) | * | Days in Period |
= | 791 | / | 340.7 | * | 365 / 4 | |
= | 211.85 |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
The Cooper's Inventory Turnover for the quarter that ended in Oct. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Oct. 2024 ) | / | Average Total Inventories (Q: Oct. 2024 ) |
= | 340.7 | / | 791 | |
= | 0.43 |
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.
The Cooper's Inventory to Revenue for the quarter that ended in Oct. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories (Q: Oct. 2024 ) | / | Revenue (Q: Oct. 2024 ) |
= | 791 | / | 1018.4 | |
= | 0.78 |
* 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.
Thank you for viewing the detailed overview of The Cooper's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
White Albert G Iii | officer: VP & Treasurer | 6790, SPRINGDALE COURT, VICTOR NY 14564 |
Agostino Ricupati | officer: Sr. VP, Finance & Tax | C/O THE COOPER COMPANIES, INC., 6140 STONERIDGE MALL ROAD, SUITE 590, PLEASANTON CA 94588 |
Brian G Andrews | officer: Treasurer | 4300A 17TH STREET, SAN FRANCISCO CA 94114 |
Daniel G Mcbride | officer: VP and Senior Counsel | 5 EL CORTE, ORINDA CA 94563 |
Robert S Weiss | director, officer: EVP and CFO | 6140 STANERIDGE MALL RES #590, PLEASSANTON CA 94503 |
Gary S Petersmeyer | director | 3400 CENTRAL AVENUE, SANTA CLARA CA 95051 |
Warner Gerard H Iii | officer: President, CooperVision, Inc. | C/O COOPER COMPANIES INC., 6101 BOLLINGER CANYON ROAD, SUITE 500, SAN RAMON CA 94583 |
Jody S Lindell | director | 2536 FILLMORE ST., SAN FRANCISCO CA 94115 |
Cynthia L Lucchese | director | 7966 N. ILLINOIS STREET, INDIANAPOLIS IN 46260 |
Nicholas Khadder | officer: VP, General Counsel & Corp Sec | 2836 JOHNSON AVENUE, ALAMEDA CA 94501 |
Maria Rivas | director | C/O MEDIDATA SOLUTIONS, INC., 350 HUDSON STREET, 9TH FLOOR, NEW YORK NY 10014 |
Teresa S Madden | director | 414 NICOLLET MALL, MINNEAPOLIS MN 55401 |
Robert D Auerbach | officer: President, CSI | C/O THE COOPER COMPANIES, INC., SUITE 590, PLEASANTON CA 94588 |
Holly R Sheffield | officer: EVP, CSO | C/O THE COOPER COMPANIES, INC., 6140 STONERIDGE MALL ROAD, SUITE 590, PLEASANTON CA 94588 |
Mark J Drury | officer: VP, General Counsel & Sec. | C/O COOPERCOMPANIES, 6101 BOLLINGER CANYON ROAD, SUITE 500, SAN RAMON CA 94583 |
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