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RGR (Sturm Ruger) Total Inventories : $76.0 Mil (As of Sep. 2024)


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What is Sturm Ruger Total Inventories?

Sturm Ruger's total inventories for the quarter that ended in Sep. 2024 was $76.0 Mil. Sturm Ruger's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $74.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sturm Ruger's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $7.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sturm Ruger's Days Inventory for the three months ended in Sep. 2024 was 68.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sturm Ruger's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.33.

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. Sturm Ruger's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.61.


Sturm Ruger Total Inventories Historical Data

The historical data trend for Sturm Ruger'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.

Sturm Ruger Total Inventories Chart

Sturm Ruger Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.30 29.08 43.85 64.99 79.81

Sturm Ruger 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 79.27 79.81 68.50 73.33 76.04

Sturm Ruger 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.


Sturm Ruger  (NYSE:RGR) 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.

Sturm Ruger'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)
=(95.977+0.75 * 60.157+0.5 * 76.036-58.509
-0-0)/16.7908
=7.18

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

Sturm Ruger'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
=74.684/99.615*365 / 4
=68.41

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

Sturm Ruger'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 )
=99.615 / 74.684
=1.33

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.

Sturm Ruger'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 )
=74.684 / 122.287
=0.61

* 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.


Sturm Ruger Total Inventories Related Terms

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Sturm Ruger Business Description

Traded in Other Exchanges
Address
1 Lacey Place, Southport, CT, USA, 06890
Sturm Ruger & Co Inc and its subsidiary are principally engaged in the design, manufacture, and sale of firearms to domestic customers. The company's design and manufacturing operations are in the United States and almost all product content is domestic. The Company has two reportable operating segments: firearms and castings. The firearms segment manufactures and sells rifles, pistols, and revolvers principally to a number of federally-licensed, independent wholesale distributors located in the United States. The castings segment manufactures and sells steel investment castings and metal injection molding parts. It generates maximum income from the sale of Firearms.
Executives
Terrence Gregory Oconnor director C/O HIGH RISE PARTNERS, 325 NORTH AVENUE EAST, WESTFIELD NJ 07090
Sarah F Colbert officer: VP of Administration ONE LACEY PLACE, SOUTHPORT CT 06890
Amir Rosenthal director C/O KATY INDUSTRIES INC, 765 STRAITS TURNPIKE STE 2000, MIDDLEBURY CT 06762
Christopher John Killoy officer: Vice President Sales and Mtg. C/O STURM, RUGER, & COMPANY, INC., 1 LACEY PLACE, SOUTHPORT CT 06890
Michael W Wilson officer: VP of Mayodan Operations ONE LACEY PLACE, SOUTHPORT CT 06890
Reid Kevin B. Sr officer: VP & General Counsel C/O STURM, RUGER & CO. INC, 1 LACEY PLACE, SOUTHPORT CT 06890
Timothy Lowney officer: VP of Prescott Operations 1 LACEY PLACE, SOUTHPORT CT 06890
Rebecca S Halstead director ONE LACEY PLACE, SOUTHPORT CT 06890
Shawn Christopher Leska officer: Vice President, Sales ONE LACEY PLACE, SOUTHPORT CT 06890
C Michael Jacobi director C/O KATY INDUSTRIES INC, 765 STRAITS TURNPIKE STE 2000, MIDDLEBURY CT 06762
Randall Wheeler officer: VP of Newport Operations 1 LACEY PLACE, SOUTHPORT CT 06890
Thomas Patrick Sullivan officer: VP of Newport Operations C/O STURM RUGER & COMPANY INC, ONE LACEY PLACE, SOUTHPORT CT 06890
Ronald C Whitaker director C/O STURM RUGER & COMPANY INC, ONE LACEY PLACE, SOUTHPORT CT 06890
Thomas Anthony Dineen officer: Treasurer and CFO
Michael O Fifer director, officer: President & CEO C/O STURM RUGER & COMPANY, INC, ONE LACEY PLACE, SOUTHPORT CT 06890