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Kronos Worldwide (FRA:K1W) Total Inventories : €494 Mil (As of Sep. 2024)


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What is Kronos Worldwide Total Inventories?

Kronos Worldwide's total inventories for the quarter that ended in Sep. 2024 was €494 Mil. Kronos Worldwide's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was €455 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Kronos Worldwide's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was €-3.47.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kronos Worldwide's Days Inventory for the three months ended in Sep. 2024 was 120.12.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kronos Worldwide's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.76.

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. Kronos Worldwide's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.04.


Kronos Worldwide Total Inventories Historical Data

The historical data trend for Kronos Worldwide'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.

Kronos Worldwide Total Inventories Chart

Kronos Worldwide 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 452.70 426.62 382.59 574.61 517.74

Kronos Worldwide 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 466.44 517.74 437.74 415.45 494.29

Kronos Worldwide 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.


Kronos Worldwide  (FRA:K1W) 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.

Kronos Worldwide'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)
=(85.415+0.75 * 314.089+0.5 * 494.289-967.854
-0-0)/115.036
=-3.47

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

Kronos Worldwide'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
=454.869/345.534*365 / 4
=120.12

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

Kronos Worldwide'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 )
=345.534 / 454.869
=0.76

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.

Kronos Worldwide'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 )
=454.869 / 436.715
=1.04

* 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.


Kronos Worldwide Total Inventories Related Terms

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Kronos Worldwide Business Description

Traded in Other Exchanges
Address
5430 LBJ Freeway, Suite 1700, Dallas, TX, USA, 75240-2620
Kronos Worldwide Inc manufactures and sells titanium dioxide pigments. Titanium dioxide is a white inorganic pigment used in a variety of products. The majority of Kronos' sales come from titanium dioxide used for coatings on automobiles, aircraft, machines, appliances, traffic paint, and in both commercial and residential interiors and exteriors. The second-largest product category is titanium dioxide used for plastics such as packaging materials and food packaging, houseware, appliances, toys, and computer cases. The majority of revenue comes from the United States.

Kronos Worldwide Headlines

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