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NPKI (NPK International) Total Inventories : $14.7 Mil (As of Dec. 2024)


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What is NPK International Total Inventories?

NPK International's total inventories for the quarter that ended in Dec. 2024 was $14.7 Mil. NPK International's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $14.8 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. NPK International's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-0.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NPK International's Days Inventory for the three months ended in Dec. 2024 was 38.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. NPK International's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.37.

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. NPK International's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.26.


NPK International Total Inventories Historical Data

The historical data trend for NPK 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.

NPK International Total Inventories Chart

NPK International 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 147.86 155.34 149.57 18.61 14.66

NPK International 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 18.61 131.60 127.42 14.91 14.66

NPK 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.


NPK International  (NYSE:NPKI) 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.

NPK International'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)
=(17.756+0.75 * 45.871+0.5 * 14.659-67.187
-0-0)/86.554
=-0.09

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

NPK International'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
=14.7845/35.001*365 / 4
=38.54

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

NPK International'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 )
=35.001 / 14.7845
=2.37

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.

NPK International'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 )
=14.7845 / 57.524
=0.26

* 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.


NPK International Total Inventories Related Terms

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NPK International Business Description

Traded in Other Exchanges
N/A
Address
99320 Lakeside Boulevard, Suite 100, The Woodlands, TX, USA, 77381
NPK International Inc is a temporary worksite access solutions company that manufactures, sells, and rents recyclable composite matting products, along with a full suite of services, including planning, logistics, and site restoration. The company generates majority of revenue from the rental of recyclable composite matting systems, along with related site construction and services to customers in various markets including power transmission, oil and natural gas exploration and production, pipeline, renewable energy, petrochemical, construction and other industries within the United States and United Kingdom.
Executives
John C Minge director 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381
Claudia Michel Meer director 5425 WICKFORD DRIVE, NORTH BETHESDA MD 20852
Mary Celeste Fruge officer: VP, General Counsel 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381
Michael A Lewis director 77 BEALE ST, P.O. BOX 770000, SAN FRANCISCO CA 94177
Donald Win Young director 3311 DEL MONTE DRIVE, HOUSTON TX 77019
Gregg Piontek officer: VP, Controller, PAO 2700 RESEARCH FOREST DRIVE, SUITE 100, THE WOODLANDS TX 77381
Edward Chipman Earle officer: VP and Special Advisor to CEO 2103 CITY WEST BLVD., 4TH FLOOR, HOUSTON TX 77042
Matthew Lanigan officer: VP and Pres of NMIS 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381
Lori Briggs officer: VP & President, Industrial 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381
Paul L Howes director, officer: President and CEO 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381
Douglas L White officer: Controller, CAO, PAO 2700 RESEARCH FOREST DRIVE, SUITE 100, THE WOODLANDS TX 77381
David A Paterson officer: VP & President, Fluid Systems 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381
Bruce Campbell Smith officer: VP & Pres, Drilling Fluids 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381
David C Anderson director 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381
Mark J Airola officer: Vice President, General Counse 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381