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SLMNP.PFD (Lyondellbasell Advanced Polymers) Total Inventories : $304.44 Mil (As of May. 2018)


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What is Lyondellbasell Advanced Polymers Total Inventories?

Lyondellbasell Advanced Polymers's total inventories for the quarter that ended in May. 2018 was $304.44 Mil. Lyondellbasell Advanced Polymers's average total inventories from the quarter that ended in Feb. 2018 to the quarter that ended in May. 2018 was $324.91 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Lyondellbasell Advanced Polymers's Net-Net Working Capital per share for the quarter that ended in May. 2018 was $N/A.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lyondellbasell Advanced Polymers's Days Inventory for the three months ended in May. 2018 was 47.46.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lyondellbasell Advanced Polymers's Inventory Turnover for the quarter that ended in May. 2018 was 1.92.

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. Lyondellbasell Advanced Polymers's Inventory-to-Revenue for the quarter that ended in May. 2018 was 0.45.


Lyondellbasell Advanced Polymers Total Inventories Historical Data

The historical data trend for Lyondellbasell Advanced Polymers'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.

Lyondellbasell Advanced Polymers Total Inventories Chart

Lyondellbasell Advanced Polymers Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 247.22 261.66 292.14 317.33 263.62

Lyondellbasell Advanced Polymers Quarterly Data
Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18
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 297.10 276.46 327.78 345.38 304.44

Lyondellbasell Advanced Polymers 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.


Lyondellbasell Advanced Polymers  (OTCPK:SLMNP.PFD) 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.

Lyondellbasell Advanced Polymers's Net-Net Working Capital Per Share for the quarter that ended in May. 2018 is

Net-Net Working Capital Per Share (Q: May. 2018 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(52.002+0.75 * 443.705+0.5 * 304.438-1566.474
-120.289-10.545)/0
=N/A

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

Lyondellbasell Advanced Polymers's Days Inventory for the three months ended in May. 2018 is calculated as:

Days Inventory=Average Total Inventories (Q: May. 2018 )/Cost of Goods Sold (Q: May. 2018 )*Days in Period
=324.9095/624.741*365 / 4
=47.46

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

Lyondellbasell Advanced Polymers's Inventory Turnover for the quarter that ended in May. 2018 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: May. 2018 ) / Average Total Inventories (Q: May. 2018 )
=624.741 / 324.9095
=1.92

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.

Lyondellbasell Advanced Polymers's Inventory to Revenue for the quarter that ended in May. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: May. 2018 ) / Revenue (Q: May. 2018 )
=324.9095 / 722.24
=0.45

* 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.


Lyondellbasell Advanced Polymers Total Inventories Related Terms

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Lyondellbasell Advanced Polymers Business Description

Traded in Other Exchanges
N/A
Address
1221 McKinney Street, Suite 300, Houston, TX, USA, 77010
Lyondellbasell Advanced Polymers Inc manufactures and sells a variety of plastics and chemical-based products. The firm's product portfolio includes Engineered Thermoplastics, Masterbatch, Engineered Composites, Specialty Powders, and Distribution Services. The company organizes itself into four main segments by geography. Europe, Middle East, and Africa segment generate more revenue than any other segment. The other segments are the United States and Canada, Latin America, and Asia-Pacific.
Executives
Carol S Eicher director ROHM AND HAAS COMPANY, 100 INDEPENDENCE MALL WEST, PHILADELPHIA PA 19106
Allen A Spizzo director 1313 N MARKET ST, WILMINGTON DE 19894
Kathleen M. Oswald director 3637 RIDGEWOOD RD, AKRON OH 44308
Gary D. Phillips officer: Chief Commercial Officer 3637 RIDGEWOOD RD., AKRON OH 44333
John W Richardson officer: EVP - Chief Financial Officer THE GOODYEAR TIRE & RUBBER COMPANY, 1144 EAST MARKET STREET, AKRON OH 44316-0001
Andreas K Gunther officer: EVP - Chief Human Resources 3637 RIDGEWOOD ROAD, FAIRLAWN OH 44333
Brent Middleton officer: SVP GM USCAN 1228 TITAN WAY, SUNNYVALE CA 94085
Frank Roederer officer: SVP & GM Engineered Composites 3637 RIDGEWOOD RD, FAIRLAWN X1 44333
Rainer Schewe officer: EVP Global Supply Chain 3637 RIDGEWOOD RD, FAIRLAWN X1 44333
Andrean Horton officer: Senior Corp. Counsel 3637 RIDGEWOOD RD, FAIRLAWN X1 44333
Kevin T Andrews officer: SVP - GM Engineered Composites 3637 RIDGEWOOD RD, FAIRLAWN OH 44333
Kristopher R Westbrooks officer: VP - Controller and CAO 3637 RIDGEWOOD ROAD, FAIRLAWN OH 44333
Stacy R Walter officer: VP - Internal Audit 3550 WEST MARKET STREET, AKRON OH 44333
Timothy J Mcdannold officer: Treasurer - Dir.Risk Mngmnt. 5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Heinrich Lingnau-schneider officer: VP & General Manager - Europe 3550 WEST MARKET STREET, AKRON OH 44333