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PH (Parker Hannifin) Total Inventories : $2,807 Mil (As of Dec. 2024)


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What is Parker Hannifin Total Inventories?

Parker Hannifin's total inventories for the quarter that ended in Dec. 2024 was $2,807 Mil. Parker Hannifin's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $2,840 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Parker Hannifin's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-89.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Parker Hannifin's Days Inventory for the three months ended in Dec. 2024 was 85.74.

Inventory Turnover measures how fast the company turns over its inventory within a year. Parker Hannifin's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.06.

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. Parker Hannifin's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.60.


Parker Hannifin Total Inventories Historical Data

The historical data trend for Parker Hannifin'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.

Parker Hannifin Total Inventories Chart

Parker Hannifin Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,964.20 2,090.64 2,214.55 2,907.88 2,786.80

Parker Hannifin 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 3,092.92 2,966.34 2,786.80 2,872.25 2,806.98

Parker Hannifin 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.


Parker Hannifin  (NYSE:PH) 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.

Parker Hannifin'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)
=(395.507+0.75 * 2445.845+0.5 * 2806.983-15144.402
-0-8.508)/128.765
=-89.46

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

Parker Hannifin'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
=2839.6165/3022.229*365 / 4
=85.74

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

Parker Hannifin'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 )
=3022.229 / 2839.6165
=1.06

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.

Parker Hannifin'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 )
=2839.6165 / 4742.593
=0.60

* 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.


Parker Hannifin Total Inventories Related Terms

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Parker Hannifin Business Description

Address
6035 Parkland Boulevard, Cleveland, OH, USA, 44124-4141
Parker Hannifin started out in 1917 as Parker Appliance, selling pneumatic brakes. Through the acquisition of branded components, the firm has expanded into aerospace engines, agricultural and construction machinery, freight and passenger vehicles, and industrial automation equipment. Within these larger systems, Parker sells a wide array of small, critical pieces such as hydraulic, electromechanical, climate control, and filtration components. Many of its products are designed to work together, resulting in a high rate of cross-selling.
Executives
Joseph Scaminace director C/O THE SHERWIN WILLIAMS CO, 101 PROSPECT AVE N W, CLEVELAND OH 44115
Berend Bracht officer: VP & Pres.-Motion Systems Grp. 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Dinu J Parel officer: VP - Chief Information Officer 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124-4141
Thomas C Gentile officer: VP-Global Supply Chain C/O PARKER-HANNIFIN CORPORATION, 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Jennifer A Parmentier officer: VP, Pres-Engineered Materials 6035 PARKLAND BLVD, CLEVELAND OH 44124
Robert W Malone officer: VP, President--Filtration Grp 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Andrew D Ross officer: VP and President - Seal Group 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Mark J Hart officer: EVP - HR & External Affairs 6035 PARKLAND BLVD, CLEVELAND OH 44124
James Verrier director 3850 HAMLIN ROAD, AUBURN HILLS MI 48326
Angela R Ives officer: Vice President and Controller PARKER-HANNIFIN CORPORATION, 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Joseph R Leonti officer: VP, General Counsel, Secretary 6035 PARKLAND BLVD, CLEVELAND OH 44124
Rachid Bendali officer: VP & Pres.- Eng. Mat. Grp. 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Mark T Czaja officer: VP-Chief Technology & Innov. PARKER-HANNIFIN CORPORATION, 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Denise R. Fleming director 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Todd M. Leombruno officer: VP & Controller C/O PARKER-HANNIFIN CORPORATION, 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124