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CTOS (Custom Truck One Source) Total Inventories : $1,201 Mil (As of Sep. 2024)


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What is Custom Truck One Source Total Inventories?

Custom Truck One Source's total inventories for the quarter that ended in Sep. 2024 was $1,201 Mil. Custom Truck One Source's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $1,186 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Custom Truck One Source's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-8.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Custom Truck One Source's Days Inventory for the three months ended in Sep. 2024 was 304.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. Custom Truck One Source's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.30.

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. Custom Truck One Source's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 2.65.


Custom Truck One Source Total Inventories Historical Data

The historical data trend for Custom Truck One Source'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.

Custom Truck One Source Total Inventories Chart

Custom Truck One Source Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial 33.00 31.37 410.54 596.72 985.79

Custom Truck One Source 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 888.76 985.79 1,103.43 1,170.49 1,200.93

Custom Truck One Source 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.


Custom Truck One Source  (NYSE:CTOS) 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.

Custom Truck One Source'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)
=(8.438+0.75 * 176.037+0.5 * 1200.925-2742.431
-0-0)/233.432
=-8.57

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

Custom Truck One Source'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
=1185.7055/355.391*365 / 4
=304.44

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

Custom Truck One Source'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 )
=355.391 / 1185.7055
=0.30

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.

Custom Truck One Source'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 )
=1185.7055 / 447.22
=2.65

* 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.


Custom Truck One Source Total Inventories Related Terms

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Custom Truck One Source Business Description

Traded in Other Exchanges
N/A
Address
7701 Independence Avenue, Kansas, MO, USA, 64125
Custom Truck One Source Inc is a one-stop-shop provider of specialty equipment in the electric utility transmission and distribution, forestry, telecom, waste management, rail, and infrastructure end-markets in North America. The company's segment includes Equipment Rental Solutions (ERS), Truck and Equipment Sales (TES), and Aftermarket Parts and Services (APS). It generates maximum revenue from the TES segment. Geographically, it derives a majority revenue from the United States.
Executives
Nesco Holdings, Lp 10 percent owner 51 JOHN F. KENNEDY PARKWAY, SUITE 200, SHORT HILLS NJ 07078
Ecp Controlco, Llc 10 percent owner 40 BEECHWOOD ROAD, SUMMIT NJ 07901
Energy Capital Partners Management, Lp 10 percent owner 51 JOHN F. KENNEDY PARKWAY, SUITE 200, SHORT HILLS NJ 07078
Joe P. Ross officer: President - Sales C/O NESCO HOLDINGS, INC., 6714 POINTE INVERNESS WAY, SUITE 220, FORT WAYNE IN 46804
Thomas R. Rich officer: EVP - Rentals C/O NESCO HOLDINGS, INC., 6714 POINTE INVERNESS WAY, SUITE 220, FORT WAYNE IN 46804
Marshall Heinberg director 1 CORPORATE AVENUE, ROWVILLE C3 3178
Georgia R Nelson director C/O TOWER AUTOMOTIVE INC, 27175 HAGGERTY ROAD, NOVI MI 48377-3626
Ryan Mcmonagle officer: President, COO C/O NESCO HOLDINGS, INC., 6714 POINTE INVERNESS WAY, SUITE 220, FORT WAYNE IN 46804
Raymond Todd Barrett officer: Chief Accounting Officer 6714 POINT INVERNESS WAY, STE 220, FORT WAYNE IN 46804
Christopher J Eperjesy officer: Chief Financial Officer 505 HIGHWAY 169 NORTH, PLYMOUTH MN 55441
Mark Ein director, 10 percent owner, officer: Chairman and CEO
Paul M Jolas officer: EVP, General Counsel & Sec 331 N. MAIN ST., EULESS TX 76039
Mary M. Jackson director 7799 LEESBURG PIKE, SUITE 300 NORTH, FALLS CHURCH VA 22043
Blackstone Energy Partners Nq L.p. 10 percent owner C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings Ii L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154