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KGS (Kodiak Gas Services) Total Inventories : $118 Mil (As of Sep. 2024)


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What is Kodiak Gas Services Total Inventories?

Kodiak Gas Services's total inventories for the quarter that ended in Sep. 2024 was $118 Mil. Kodiak Gas Services's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $119 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Kodiak Gas Services's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-35.55.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kodiak Gas Services's Days Inventory for the three months ended in Sep. 2024 was 53.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kodiak Gas Services's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.71.

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. Kodiak Gas Services's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.37.


Kodiak Gas Services Total Inventories Historical Data

The historical data trend for Kodiak Gas Services'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.

Kodiak Gas Services Total Inventories Chart

Kodiak Gas Services Annual Data
Trend Dec21 Dec22 Dec23
Total Inventories
48.35 72.16 76.24

Kodiak Gas Services Quarterly Data
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 70.61 76.24 82.91 119.65 118.09

Kodiak Gas Services 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.


Kodiak Gas Services  (NYSE:KGS) 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.

Kodiak Gas Services'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)
=(7.434+0.75 * 280.436+0.5 * 118.085-3095.616
-0.056-149.846)/83.5096
=-35.55

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

Kodiak Gas Services'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
=118.867/202.743*365 / 4
=53.50

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

Kodiak Gas Services'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 )
=202.743 / 118.867
=1.71

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.

Kodiak Gas Services'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 )
=118.867 / 324.647
=0.37

* 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.


Kodiak Gas Services Total Inventories Related Terms

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Kodiak Gas Services Business Description

Traded in Other Exchanges
Address
9950 Woodloch Forest Drive, Suite 1900, The Woodlands, TX, USA, 77380
Kodiak Gas Services Inc is an operator of contract compression infrastructure in the United States. It manages business through two operating segments namely Compression Operations and Other Services. Compression Operations consist of operating company-owned and customer-owned compression infrastructure for customers, pursuant to fixed-revenue contracts to enable the production, gathering and transportation of natural gas and oil. Other Services consist of a full range of contract services to support the needs of customers, including station construction, maintenance and overhaul and other ancillary time and material-based offerings.
Executives
Ewan William Hamilton officer: See Remarks C/O KODIAK GAS SERVICES, INC., 15320 HIGHWAY 105 W, SUITE 210, MONTGOMERY TX 77356
Eqt Fund Management S.a R.l. 10 percent owner 51A BOULEVARD ROYAL, LUXEMBOURG N4 L-2449
Margaret C Montana director 910 LOUISIANA STREET, HOUSTON TX 77002
Terry Bonno director 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Robert Michael Mckee director, officer: See Remarks C/O KODIAK GAS SERVICES, INC., 15320 HIGHWAY 105 W, SUITE 210, MONTGOMERY TX 77356
Nirav Kush Shah director C/O KODIAK GAS SERVICES, INC., 15320 HIGHWAY 105 W, SUITE 210, MONTGOMERY TX 77356
Christopher Drumgoole director C/O DXC TECHNOLOGY COMPANY, 1775 TYSONS BOOULEVARD, TYSONS VA 22102
Roclawski Cory Anne officer: See Remarks C/O KODIAK GAS SERVICES, INC., 15320 HIGHWAY 105 W, SUITE 210, MONTGOMERY TX 77356
Kelly Michelle Battle officer: See Remarks C/O KODIAK GAS SERVICES, INC., 15320 HIGHWAY 105 W, SUITE 210, MONTGOMERY TX 77356
Jon-al Duplantier director C/O PARKER DRILLING COMPANY, 5 GREENWAY PLAZA, SUITE 100, HOUSTON TX 77046
John Griggs officer: See Remarks C/O RUBICON, 7850 NORTH SAM HOUSTON PARKWAY WEST, HOUSTON TX 77064
William Chad Lenamon officer: See Remarks C/O KODIAK GAS SERVICES, INC., 15320 HIGHWAY 105 W, SUITE 210, MONTGOMERY TX 77356
Randall J Hogan director 5500 WAYZATA BLVD., SUITE 600, GOLDEN VALLEY MN 55416
Frontier Topco Partnership, L.p. 10 percent owner 26A, BOULEVARD ROYAL, LUXEMBOURG N4 L-2449
Teresa Maria Mattamouros director C/O KODIAK GAS SERVICES, INC., 15320 HIGHWAY 105 W, SUITE 210, MONTGOMERY TX 77356