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LBRT (Liberty Energy) Total Inventories : $203 Mil (As of Dec. 2024)


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What is Liberty Energy Total Inventories?

Liberty Energy's total inventories for the quarter that ended in Dec. 2024 was $203 Mil. Liberty Energy's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $201 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Liberty Energy's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-5.76.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Liberty Energy's Days Inventory for the three months ended in Dec. 2024 was 20.94.

Inventory Turnover measures how fast the company turns over its inventory within a year. Liberty Energy's Inventory Turnover for the quarter that ended in Dec. 2024 was 4.36.

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. Liberty Energy's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.21.


Liberty Energy Total Inventories Historical Data

The historical data trend for Liberty Energy'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.

Liberty Energy Total Inventories Chart

Liberty Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 118.57 134.59 214.45 205.87 203.47

Liberty Energy Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 205.87 210.06 206.39 197.56 203.47

Liberty Energy 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.


Liberty Energy  (NYSE:LBRT) 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.

Liberty Energy's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(19.984+0.75 * 350.412+0.5 * 203.469-1317.525
-0-0)/161.859
=-5.76

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

Liberty Energy's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=200.516/873.918*365 / 4
=20.94

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

Liberty Energy's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=873.918 / 200.516
=4.36

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.

Liberty Energy's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=200.516 / 943.574
=0.21

* 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.


Liberty Energy Total Inventories Related Terms

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Liberty Energy Business Description

Traded in Other Exchanges
N/A
Address
950 17th Street, Suite 2400, Denver, CO, USA, 80202
Liberty Energy Inc is a integrated energy services and technology company focused on providing hydraulic fracturing services and related technologies to onshore oil and natural gas exploration and production (E&P) companies. The Company offers customers with hydraulic fracturing services, together with complementary services including wireline services, proppant delivery solutions, field gas processing and treating, compressed natural gas (CNG) delivery, data analytics, related goods (including sand mine operations), and technologies to facilitate lower emission completions, thereby helping customers reduce emissions profile. The company provides services across USA and Canada.
Executives
Michael Stock officer: Chief Financial Officer 950 17TH STREET, SUITE 2000, DENVER CO 80202
Christopher A Wright director, officer: Chief Executive Officer 106 ALTA VISTA AVENUE, MILL VALLEY CA 94941
Ken Babcock director 950 17TH STREET, SUITE 2000, DENVER CO 80202
Ryan T Gosney officer: Chief Accounting Officer 950 17TH STREET, SUITE 2000, DENVER CO 80202
Ron Gusek officer: President 950 17TH STREET, SUITE 2000, DENVER CO 80202
R Sean Elliott officer: See Remarks 6565 MACARTHUR BLVD, SUITE 1050, IRVING TX 75039
William F Kimble director 6900 E. LAYTON AVE., SUITE 900, DENVER CO 80237
Cary D. Steinbeck director 950 17TH STREET, SUITE 2000, DENVER CO 80202
Limited/nv Schlumberger 10 percent owner 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Audrey Robertson director BONANZA CREEK ENERGY, INC., 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Riverstone/carlyle Energy Partners Iv, L.p. director, 10 percent owner C/O RIVERSTONE HOLDINGS LLC, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Simon Ayat director C/O SCHLUMBERGER LIMITED, 5999 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
James R Mcdonald director 13126 CONIFER RD, HOUSTON TX 77079
B.v. Schlumberger 10 percent owner 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Schlumberger Holdings Corp 10 percent owner 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056