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SNDR (Schneider National) Total Inventories : $83 Mil (As of Sep. 2024)


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What is Schneider National Total Inventories?

Schneider National's total inventories for the quarter that ended in Sep. 2024 was $83 Mil. Schneider National's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $87 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Schneider National's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-5.30.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Schneider National's Days Inventory for the three months ended in Sep. 2024 was 6.61.

Inventory Turnover measures how fast the company turns over its inventory within a year. Schneider National's Inventory Turnover for the quarter that ended in Sep. 2024 was 13.81.

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. Schneider National's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.07.


Schneider National Total Inventories Historical Data

The historical data trend for Schneider National'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.

Schneider National Total Inventories Chart

Schneider National 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 71.90 44.90 27.40 53.00 117.90

Schneider National 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 113.80 117.90 91.90 91.10 83.30

Schneider National 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.


Schneider National  (NYSE:SNDR) 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.

Schneider National'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)
=(231.6+0.75 * 541.1+0.5 * 83.3-1607.5
-0-0)/175.185
=-5.30

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

Schneider National'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
=87.2/1204.4*365 / 4
=6.61

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

Schneider National'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 )
=1204.4 / 87.2
=13.81

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.

Schneider National'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 )
=87.2 / 1315.7
=0.07

* 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.


Schneider National Total Inventories Related Terms

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Schneider National Business Description

Traded in Other Exchanges
N/A
Address
3101 South Packerland Drive, Green Bay, WI, USA, 54313
Schneider National Inc is a provider of surface transportation and logistics solutions in North America. The Company offers truckload, intermodal, and logistics services to a diverse customer base throughout the continental United States, Canada, and Mexico. The company's segments include Truckload; Intermodal; Logistics and other. It generates maximum revenue from the Truckload segment.
Executives
Reich Robert M Jr officer: Chief Admin Officer 3101 SOUTH PACKERLAND DRIVE, GREEN BAY WI 54313
Mark B. Rourke officer: EVP & COO 3101 PACKERLAND DRIVE, GREEN BAY WI 54313
Thomas G Jackson officer: EVP & General Counsel KNOWLES CORPORATION, 1151 MAPLEWOOD DRIVE, ITASCA IL 60143
Shaleen Devgun officer: Chief Information Officer 3101 PACKERLAND DRIVE, GREEN BAY WI 54313
Darrell George Campbell officer: EVP & Chief Financial Officer C/O SCHNEIDER NATIONAL, INC., 3101 SOUTH PACKERLAND DRIVE, GREEN BAY WI 54313
Julie K Streich director 123 MAIN STREET, BRISTOL CT 06010
James Scott Filter officer: EVP, Pres. Transp. and Log. 3101 SOUTH PACKERLAND DRIVE, GREEN BAY WI 54313
David L Geyer officer: EVP, Pres. Transp. & Log. 3101 SOUTH PACKERLAND DRIVE, GREEN BAY WI 54313
Jyoti Chopra director 3101 S. PACKERLAND DRIVE, GREEN BAY WI 54306-2545
Knight Robert M Jr director UNION PACIFIC CORP, 1416 DODGE ST, OMAHA NE 68179
Dumas Magnin Shelly A officer: Vice President and Controller 3101 S. PACKERLAND DRIVE, GREEN BAY WI 54306-2545
Stephen L Bruffett officer: EVP and CFO 3101 SOUTH PACKERLAND DRIVE, GREEN BAY WI 54313
Amy G Schilling officer: Vice President and Controller 3101 PACKERLAND DRIVE, GREEN BAY WI 54313
John A Swainson director C/O VISA INC., 900 METRO CENTER BLVD., FOSTER CITY CA 94404
Christopher B Lofgren director, officer: CEO & President 520 MADISON AVENUE, NEW YORK NY 10022