GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » StandardAero Inc (NYSE:SARO) » Definitions » Total Inventories

SARO (StandardAero) Total Inventories : $847 Mil (As of Dec. 2024)


View and export this data going back to 2024. Start your Free Trial

What is StandardAero Total Inventories?

StandardAero's total inventories for the quarter that ended in Dec. 2024 was $847 Mil. StandardAero's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $813 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. StandardAero's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-8.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. StandardAero's Days Inventory for the three months ended in Dec. 2024 was 61.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. StandardAero's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.49.

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. StandardAero's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.58.

StandardAero Total Inventories Historical Data

The historical data trend for StandardAero'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.

StandardAero Total Inventories Chart

StandardAero Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Total Inventories
- 605.01 698.80 847.02

StandardAero Quarterly Data
Dec21 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
Total Inventories Get a 7-Day Free Trial - 698.80 708.24 778.45 847.02

StandardAero 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.

StandardAero  (NYSE:SARO) 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.

StandardAero'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)
=(102.581+0.75 * 580.668+0.5 * 847.018-3840.197
-0-0)/334.462
=-8.61

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

StandardAero'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
=812.7325/1207.7*365 / 4
=61.41

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

StandardAero'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 )
=1207.7 / 812.7325
=1.49

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.

StandardAero'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 )
=812.7325 / 1409.613
=0.58

* 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.

StandardAero Total Inventories Related Terms

Thank you for viewing the detailed overview of StandardAero's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

StandardAero Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » StandardAero Inc (NYSE:SARO) » Definitions » Total Inventories
Comparable Companies
BWXT DRS RKLB HII WWD LOAR CW MOG.A HXL ACHR GE RTX BA XPAR:AIR XPAR:SAF LMT TDG LSE:RR. GD NOC
Traded in Other Exchanges
N/A
Address
6710 North Scottsdale Road, Suite 250, Scottsdale, AZ, USA
Website
https://www.standardaero.com
StandardAero Inc is a provider of aftermarket services for fixed and rotary wing aircraft gas turbine engines and auxiliary power units (APUs) to the commercial, business, and military aircraft markets. It also provides aftermarket and upgrade services for business aviation and helicopter airframes and avionics. It operates in two segments Engine Services and Component Repair Services. The group generates the majority of its revenue from the Engine Services segment which provides engine and airframe maintenance, repair, overhaul, and related services to customers in the Commercial Aerospace, Military & Helicopter, and Business Aviation end markets.