REV Group (FRA:1RG) Total Inventories : €588 Mil (As of Apr. 2024)

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What is REV Group Total Inventories?

REV Group's total inventories for the quarter that ended in Apr. 2024 was €588 Mil. REV Group's average total inventories from the quarter that ended in Jan. 2024 to the quarter that ended in Apr. 2024 was €592 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. REV Group's Net-Net Working Capital per share for the quarter that ended in Apr. 2024 was €-7.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. REV Group's Days Inventory for the three months ended in Apr. 2024 was 107.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. REV Group's Inventory Turnover for the quarter that ended in Apr. 2024 was 0.85.

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. REV Group's Inventory-to-Revenue for the quarter that ended in Apr. 2024 was 1.03.

REV Group Total Inventories Historical Data

The historical data trend for REV Group'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.

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REV Group Total Inventories Chart

REV Group Annual Data

Trend

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Oct23

Total Inventories

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464.11

456.62

415.23

638.94

622.84

REV Group Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Total Inventories	Get a 7-Day Free Trial															596.81	582.18	622.84	597.07	587.53

REV Group 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.

REV Group (FRA:1RG) 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.

REV Group's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2024 is

	Net-Net Working Capital Per Share (Q: Apr. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(35.602	+	0.75 * 196.279	+	0.5 * 587.533	-	886.052
-	0	-	0)	/	51.9145
=	-7.89

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

REV Group's Days Inventory for the three months ended in Apr. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Apr. 2024 )	/	Cost of Goods Sold (Q: Apr. 2024 )	*	Days in Period
	=	592.3	/	502.907	*	365 / 4
	=	107.47

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

REV Group's Inventory Turnover for the quarter that ended in Apr. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Apr. 2024 )	/	Average Total Inventories (Q: Apr. 2024 )
	=	502.907	/	592.3
	=	0.85

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.

REV Group's Inventory to Revenue for the quarter that ended in Apr. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Apr. 2024 )	/	Revenue (Q: Apr. 2024 )
	=	592.3	/	574.951
	=	1.03

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.

REV Group Total Inventories Related Terms

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REV Group (FRA:1RG) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » REV Group Inc (FRA:1RG) » Definitions » Total Inventories

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REVG:USA

Address

245 South Executive Drive, Suite 100, Brookfield, WI, USA, 53005

Website

https://www.revgroup.com

REV Group Inc is a United States-based designer, manufacturer, and distributor of specialty vehicles and related aftermarket parts and services. It provides customized vehicle solutions for applications including essential needs, industrial and commercial, and consumer leisure. The operating segments of the company are Fire & Emergency, Commercial, and Recreation. The products of the company are sold to municipalities, government agencies, private contractors, consumers, and industrial and commercial end-users. It derives a majority of the revenue from the Fire and Emergency segment which includes manufacturing of fire apparatus and ambulance products. The company operates in the United States, Canada, and the rest of the world.

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