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NCS Multistage Holdings (NCS Multistage Holdings) Total Inventories : $41.6 Mil (As of Dec. 2023)


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What is NCS Multistage Holdings Total Inventories?

NCS Multistage Holdings's total inventories for the quarter that ended in Dec. 2023 was $41.6 Mil. NCS Multistage Holdings's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $41.8 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. NCS Multistage Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-2.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NCS Multistage Holdings's Days Inventory for the three months ended in Dec. 2023 was 161.84.

Inventory Turnover measures how fast the company turns over its inventory within a year. NCS Multistage Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.56.

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. NCS Multistage Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.19.


NCS Multistage Holdings Total Inventories Historical Data

The historical data trend for NCS Multistage Holdings'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.

NCS Multistage Holdings Total Inventories Chart

NCS Multistage Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only 39.92 34.87 33.92 37.04 41.61

NCS Multistage Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 37.04 40.57 42.79 42.04 41.61

NCS Multistage Holdings 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.


NCS Multistage Holdings  (NAS:NCSM) 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.

NCS Multistage Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(16.72+0.75 * 23.981+0.5 * 41.612-42.639
-0-17.775)/2.44374
=-2.01

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

NCS Multistage Holdings's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=41.8235/23.581*365 / 4
=161.84

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

NCS Multistage Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=23.581 / 41.8235
=0.56

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.

NCS Multistage Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=41.8235 / 35.247
=1.19

* 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.


NCS Multistage Holdings Total Inventories Related Terms

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NCS Multistage Holdings (NCS Multistage Holdings) Business Description

Traded in Other Exchanges
N/A
Address
19350 State Highway 249, Suite 600, Houston, TX, USA, 77070
NCS Multistage Holdings Inc provides products and support services that facilitate the optimization of oil and natural gas well completions and field development strategies. NCS provides its products and services primarily to exploration and production companies for use in onshore wells, predominantly wells that have been drilled with horizontal laterals in unconventional oil and natural gas formations. The company's primary offering is its fracturing systems products and services, which enable efficient pinpoint stimulation: the process of individually stimulating each entry point into a formation targeted by an oil or natural gas well. Geographically, majority of revenue is generated from United States.
Executives
Dewayne Williams officer: VP, Controller 1800 WEST LOOP SOUTH, SUITE 1500, HOUSTON TX 77027
Marty Stromquist director, officer: President and Director C/O NCS MULTISTAGE, LLC, 19450 STATE HIGHWAY 249, SUITE 200, HOUSTON TX 77070
Michael L Morrison officer: Chief Financial Officer 4203 YOAKUM BLVD, SUITE 100, HOUSTON TX 77042
Robert Nipper director, officer: CEO and Director C/O NCS MULTISTAGE, LLC, 19450 STATE HIGHWAY 249, SUITE 200, HOUSTON TX 77070
Ori Lev officer: Executive VP, GC and Secretary 3817 BROWNING STREET, HOUSTON TX 77005
Lori A Cole officer: Vice President, Finance 2010 MASON STREET, HOUSTON TX 77006
Ryan Hummer officer: Chief Financial Officer C/O NCS MULTISTAGE, LLC, 19450 STATE HIGHWAY 249, SUITE 200, HOUSTON TX 77070
Franklin Myers director C/O CAMERON INT'L CORPORATION, 1333 WEST LOOP S. #1700, HOUSTON TX 77027
Valerie A Mitchell director 4 WATERWAY SQUARE PLACE, SUITE 100, THE WOODLANDS TX 77380
Kevin Trautner officer: Executive VP, GC and Secretary C/O NCS MULTISTAGE, LLC, 19450 STATE HIGHWAY 249, SUITE 200, HOUSTON TX 77070
James Gambrell King officer: Chief Strategy Officer 3402 SYCAMORE SHADOWS, KINGWOOD TX 77339
John D Deane director 1330 POST OAK BLVD, STE 2700, HOUSTON TX 77056
Michael Mcshane director 1330 POST OAK BLVD, STE 2700, HOUSTON TX 77056
Wade Bitter officer: CAO and Treasurer C/O NCS MULTISTAGE, LLC, 19450 STATE HIGHWAY, SUITE 200, HOUSTON TX 77070
Tim Willems officer: Chief Operations Officer C/O NCS MULTISTAGE, LLC, 19450 STATE HIGHWAY 249, SUITE 200, HOUSTON TX 77070