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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.
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.
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 | 888.76 | 985.79 | 1,103.43 | 1,170.49 | 1,200.93 |
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.
Thank you for viewing the detailed overview of Custom Truck One Source's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
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