Armstrong Flooring (STU:2AS) Total Inventories: €129.5 Mil (As of Dec. 2021)


STU:2AS Armstrong Flooring Inc STU:2AS
12 GF Score
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What is Armstrong Flooring Total Inventories?

Armstrong Flooring STU:2AS 12 Total Inventories is €129.5 Mil as of Dec. 2021. GuruFocus rates STU:2AS with a GF Score™ of 12/100.

Armstrong Flooring's total inventories for the quarter that ended in Dec. 2021 was €129.5 Mil. Armstrong Flooring's average total inventories from the quarter that ended in Sep. 2021 to the quarter that ended in Dec. 2021 was €119.4 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Armstrong Flooring's Net-Net Working Capital per share for the quarter that ended in Dec. 2021 was €-7.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Armstrong Flooring's Days Inventory for the three months ended in Dec. 2021 was 85.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. Armstrong Flooring's Inventory Turnover for the quarter that ended in Dec. 2021 was 1.07.

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. Armstrong Flooring's Inventory-to-Revenue for the quarter that ended in Dec. 2021 was 0.82.


Armstrong Flooring  (STU:2AS) 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.

Armstrong Flooring's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2021 is

Net-Net Working Capital Per Share (Q: Dec. 2021 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(8.585+0.75 * 62.57+0.5 * 129.476-281.253
-0-0)/21.780
=-7.39

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

Armstrong Flooring's Days Inventory for the three months ended in Dec. 2021 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2021 )/Cost of Goods Sold (Q: Dec. 2021 )*Days in Period
=119.393/127.705*365 / 4
=85.31

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

Armstrong Flooring's Inventory Turnover for the quarter that ended in Dec. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2021 ) / Average Total Inventories (Q: Dec. 2021 )
=127.705 / 119.393
=1.07

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.

Armstrong Flooring's Inventory to Revenue for the quarter that ended in Dec. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2021 ) / Revenue (Q: Dec. 2021 )
=119.393 / 145.494
=0.82

* 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.


Armstrong Flooring Total Inventories Related Terms


Armstrong Flooring Total Inventories Historical Data

* Premium members only.

The historical data trend for Armstrong Flooring'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.

Armstrong Flooring Total Inventories Chart

Armstrong Flooring Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 98.87 122.62 100.44 105.30 129.48

Armstrong Flooring Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 105.30 105.08 102.84 109.31 129.48
STU:2AS
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Armstrong Flooring Inc STU:2AS
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Armstrong Flooring 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of €129.5 Mil mean?
Armstrong Flooring (STU:2AS) has a Total Inventories of €129.5 Mil as of Dec. 2021. The total amount of inventory as recorded on a company's balance sheet. View historical data for Armstrong Flooring and its competitors.
Is Armstrong Flooring's Total Inventories too high?
Armstrong Flooring's current Total Inventories is €129.5 Mil. Overall, Armstrong Flooring has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Armstrong Flooring's Total Inventories compare to AEHL and CARR?
Armstrong Flooring's Total Inventories of €129.5 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Construction company?
A good Total Inventories depends on the Construction industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Armstrong Flooring and its competitors. Armstrong Flooring's current Total Inventories is €129.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Armstrong Flooring stock overvalued right now?
Armstrong Flooring (STU:2AS) has a current Total Inventories of €129.5 Mil. The current Total Inventories is €129.5 Mil. Armstrong Flooring's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Armstrong Flooring (STU:2AS), the current Total Inventories is €129.5 Mil as of Dec. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Armstrong Flooring Business Description

Address 1770 Hempstead Road, Lancaster, PA, USA, 17605
Armstrong Flooring Inc designs, manufactures, sources, and sells resilient and wood flooring products, which are primarily used for construction and renovation of residential, commercial, and institutional buildings. It operates through two segments namely Resilient Flooring and Wood Flooring. The Resilient Flooring provides a range of floor coverings for homes and commercial buildings under the Armstrong brand and the Wood Flooring segment provides hardwood flooring products under the Armstrong and Bruce brand names. Geographically, the group operates its business in the United States and also has its presence internationally, of which a majority of the revenue is derived from the United States.
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