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MATW (Matthews International) Total Inventories : $238 Mil (As of Sep. 2024)


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What is Matthews International Total Inventories?

Matthews International's total inventories for the quarter that ended in Sep. 2024 was $238 Mil. Matthews International's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $243 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Matthews International's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-35.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Matthews International's Days Inventory for the three months ended in Sep. 2024 was 67.40.

Inventory Turnover measures how fast the company turns over its inventory within a year. Matthews International's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.35.

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. Matthews International's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.54.


Matthews International Total Inventories Historical Data

The historical data trend for Matthews International'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.

Matthews International Total Inventories Chart

Matthews International Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 175.10 189.09 225.44 260.41 237.89

Matthews International 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 260.41 257.84 253.30 248.64 237.89

Matthews International 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.


Matthews International  (NAS:MATW) 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.

Matthews International'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)
=(40.816+0.75 * 205.984+0.5 * 237.888-1397.684
-0-0.048)/30.6025
=-35.41

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

Matthews International'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
=243.266/329.36*365 / 4
=67.40

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

Matthews International'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 )
=329.36 / 243.266
=1.35

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.

Matthews International'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 )
=243.266 / 446.695
=0.54

* 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.


Matthews International Total Inventories Related Terms

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Matthews International Business Description

Traded in Other Exchanges
Address
Two Northshore Center, Pittsburgh, PA, USA, 15212-5851
Matthews International Corp is a personal services company that provides brand solution services, memorialization products, and industrial products in the United States and Europe. The majority of Matthews' revenue is derived from its SGK Brand Solutions business, which provides brand development services, printing equipment, creative design services, and embossing tools to the consumer packaged goods and packaging industries. The company's Memorialization segment, which sells bronze and granite memorials, caskets, and cremation equipment to the cemetery and funeral home industries, also contributes an important amount. Maximum amount of Matthews' revenue is generated from sales made in the North America, while European customers also contribute a sizable percentage.
Executives
Aleta W. Richards director TWO NORTHSHORE CENTER, PITTSBURGH PA 15212
Joseph C Bartolacci officer: President, York Casket Divisio
Ronald C Awenowicz officer: SVP, Global Compliance & HR TWO NORTHSHORE CENTER, PITTSBURGH PA 15212
Lee Lane officer: SVP Matthews Automation Soluti TWO NORTHSHORE CENTER, PITTSBURGH PA 15212
Reena Gurtner officer: SVP, Global Talent & HR 241 RIVER VALLEY ROAD, GIANURN BUILDING, LEVEL 4, SINGAPORE U0 238298
Brian J Dunn officer: President, Marking Products Di
Steven F Nicola officer: Chief Financial Officer
David A Schawk director, officer: President, Brand Solutions 674 SKYE LANE, BARRINGTON IL 60010
Lillian Etzkorn director 1570 FOREST LANE, BLOOMFIELD HILLS MI 48301
Brady Edward M Jr officer: Chief Information Officer TWO NORTH SHORE CENTER, PITTSBURGH PA 15212
Tunon Alvaro Garcia director
Davor Brkovich officer: Chief Information Officer 252 PARKWEST DRIVE, PITTSBURGH PA 15275
Gary Raymond Kohl officer: President SGK 52 WOODLAND AVENUE, GLEN RIDGE NJ 07028
Robert M Marsh officer: Treasurer 108 NANTUCKET DRIVE, PITTSBURGH PA 15238
Brian D Walters officer: V.P. and General Counsel TWO NORTHSHORE CENTER, PITTSBURGH PA 15212