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Par Pacific Holdings's total inventories for the quarter that ended in Dec. 2024 was $1,089 Mil. Par Pacific Holdings's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $1,081 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Par Pacific Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-29.00.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Par Pacific Holdings's Days Inventory for the three months ended in Dec. 2024 was 57.56.
Inventory Turnover measures how fast the company turns over its inventory within a year. Par Pacific Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.59.
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. Par Pacific Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.59.
The historical data trend for Par Pacific 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.
Par Pacific Holdings Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Total Inventories | Get a 7-Day Free Trial |
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429.86 | 790.32 | 1,041.98 | 1,160.40 | 1,089.32 |
Par Pacific Holdings 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 |
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1,160.40 | 1,133.07 | 1,258.34 | 1,071.92 | 1,089.32 |
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.
Par Pacific Holdings (NYSE:PARR) 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.
Par Pacific Holdings'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) | ||
= | (191.921 | + | 0.75 * 398.131 | + | 0.5 * 1089.318 | - | 2638.069 |
- | 0 | - | 0) | / | 55.265 | ||
= | -29.00 |
2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Par Pacific Holdings'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 |
= | 1080.6205 | / | 1713.184 | * | 365 / 4 | |
= | 57.56 |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
Par Pacific Holdings'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 ) |
= | 1713.184 | / | 1080.6205 | |
= | 1.59 |
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.
Par Pacific Holdings'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 ) |
= | 1080.6205 | / | 1832.221 | |
= | 0.59 |
* 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.
Thank you for viewing the detailed overview of Par Pacific Holdings's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
William Monteleone | director, officer: Senior VP of M&A | TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606 |
William Pate | director | |
Ivan Daniel Guerra | officer: Corporate Controller | 800 GESSNER RD., SUITE 875, HOUSTON TX 77024 |
Jeffrey Ryan Hollis | officer: General Counsel and Secretary | 825 TOWN & COUNTRY LANE, SUITE 825, HOUSTON TX 77024 |
Shawn David Flores | officer: See Remarks | 825 TOWN & COUNTRY LN., SUITE 1500, HOUSTON TX 77024 |
Patricia Martinez | director | 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024 |
Aaron Zell | director | 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024 |
Danielle Mattiussi | officer: See Remarks | 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024 |
Jim Yates | officer: Senior Vice President | ONE MEMORIAL PLAZA, 800 GESSNER ROAD SUITE 875, HOUSTON TX 77024 |
L Melvin Cooper | director | 2930 W. SAM HOUSTON PARKWAY N, SUITE 300, HOUSTON TX 77043 |
Chai Trust Co Llc | 10 percent owner | TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606 |
Zell Credit Opportunities Master Fund, L.p. | 10 percent owner | 2 NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606 |
Richard Creamer | officer: See Remarks | 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024 |
Melvyn N Klein | director | 615 UPPER BROADWAY, STE 1940, CORPUS CHRISTI TX 78477 |
Phillip S Davidson | director | 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024 |
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