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ROAD (Construction Partners) Total Inventories : $145 Mil (As of Dec. 2024)


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What is Construction Partners Total Inventories?

Construction Partners's total inventories for the quarter that ended in Dec. 2024 was $145 Mil. Construction Partners's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $126 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Construction Partners's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-22.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Construction Partners's Days Inventory for the three months ended in Dec. 2024 was 23.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. Construction Partners's Inventory Turnover for the quarter that ended in Dec. 2024 was 3.85.

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. Construction Partners's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.22.


Construction Partners Total Inventories Historical Data

The historical data trend for Construction Partners'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.

Construction Partners Total Inventories Chart

Construction Partners Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Total Inventories
Get a 7-Day Free Trial Premium Member Only 38.56 53.79 74.20 84.04 106.70

Construction Partners 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 96.66 102.75 104.55 106.70 145.21

Construction Partners 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.


Construction Partners  (NAS:ROAD) 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.

Construction Partners'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)
=(132.504+0.75 * 384.076+0.5 * 145.208-1756.848
-0-0)/55.924
=-22.60

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

Construction Partners'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
=125.956/485.009*365 / 4
=23.70

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

Construction Partners'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 )
=485.009 / 125.956
=3.85

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.

Construction Partners'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 )
=125.956 / 561.58
=0.22

* 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.


Construction Partners Total Inventories Related Terms

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Construction Partners Business Description

Traded in Other Exchanges
Address
290 Healthwest Drive, Suite 2, Dothan, AL, USA, 36303
Construction Partners Inc operates as a civil infrastructure company. It specializes in the construction and maintenance of roadways. The company through its subsidiaries, provides various products and services to both public and private infrastructure projects, with an emphasis on highways, roads, bridges, airports, and commercial and residential developments. Its operations consist of manufacturing and distributing hot mix asphalt, paving activities, including the construction of roadway base layers and application of asphalt pavement, site development, including the installation of utility and drainage systems, and others. The company has a single segment which predominantly consists of infrastructure and road construction, and operates across various states in the United States.
Executives
Todd Keith Andrews officer: Chief Accounting Officer 290 HEALTHWEST DRIVE, SUITE 2, DOTHAN AL 36303
John L Harper officer: Senior Vice President 170 EAST MAIN STREET, DOTHAN AL 36301
Charles E Owens director, officer: See Remarks 290 HEALTHWEST DRIVE, SUITE 2, DOTHAN AL 36303
Suntx Capital Ii Management Corp. director, 10 percent owner 5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75240
Robert P. Flowers officer: Senior Vice President 3372 CAPITAL CIRCLE NE, TALLAHASSEE FL 32308
Mark R Matteson director, 10 percent owner 290 HEALTHWEST DRIVE, SUITE 2, DOTHAN AL 36303
Stefan L Shaffer director 290 HEALTHWEST DRIVE, SUITE 2, DOTHAN AL 36303
Noreen E Skelly director 8214 WESTCHESTER DRIVE, SUITE 400, DALLAS TX 75225
Craig Jennings director, 10 percent owner 5204 LAKECREET CT., PLANO TX 75093
Suntx Cpi Capital Management Corp. director, 10 percent owner 5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75240
Fleming Ned N. Iv other: Member of 10% owner group 5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75240
Ned N. Fleming, Iv 2013 Trust other: Member of 10% owner group 5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75240
Suntx Capital Partners Ii Lp director, 10 percent owner TWO LINCOLN CENTRE, 5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75240
Suntx Capital Partners Ii Dutch Investors Lp director, 10 percent owner TWO LINCOLN CENTRE, 5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75240
Suntx Cpi Expansion Fund Gp, L.p. director, 10 percent owner 5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75214