TRUK (Truck Hero) Total Inventories: $27.99 Mil (As of Jun. 2015)


What is Truck Hero Total Inventories?

Truck Hero TRUK Total Inventories is $27.99 Mil as of Jun. 2015.

Truck Hero's total inventories for the quarter that ended in Jun. 2015 was $27.99 Mil. Truck Hero's average total inventories from the quarter that ended in Jun. 2014 to the quarter that ended in Jun. 2015 was $14.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Truck Hero's Net-Net Working Capital per share for the quarter that ended in Jun. 2015 was $N/A.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Truck Hero's Days Inventory for the six months ended in Jun. 2015 was 20.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Truck Hero's Inventory Turnover for the quarter that ended in Jun. 2015 was 8.74.

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. Truck Hero's Inventory-to-Revenue for the quarter that ended in Jun. 2015 was 0.07.

Truck Hero  (NYSE:TRUK) 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.

Truck Hero's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2015 is

Net-Net Working Capital Per Share (Q: Jun. 2015 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(14.367+0.75 * 33.108+0.5 * 27.992-821.585
-0-4.126)/0
=N/A

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

Truck Hero's Days Inventory for the six months ended in Jun. 2015 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2015 )/Cost of Goods Sold (Q: Jun. 2015 )*Days in Period
=13.996/122.365*365 / 2
=20.87

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

Truck Hero's Inventory Turnover for the quarter that ended in Jun. 2015 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2015 ) / Average Total Inventories (Q: Jun. 2015 )
=122.365 / 13.996
=8.74

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.

Truck Hero's Inventory to Revenue for the quarter that ended in Jun. 2015 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2015 ) / Revenue (Q: Jun. 2015 )
=13.996 / 189.212
=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.

Truck Hero Total Inventories Related Terms

Truck Hero Total Inventories Historical Data

* Premium members only.

The historical data trend for Truck Hero'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.

Truck Hero Total Inventories Chart

Truck Hero Annual Data
Trend Dec13 Dec14
Total Inventories
13.66 17.44

Truck Hero Semi-Annual Data
Dec13 Jun14 Jun15
Total Inventories 13.66 0.00 27.99

Truck Hero 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 $27.99 Mil mean?
Truck Hero (TRUK) has a Total Inventories of $27.99 Mil as of Jun. 2015. The total amount of inventory as recorded on a company's balance sheet. View historical data for Truck Hero and its competitors.
Is Truck Hero's Total Inventories too high?
Truck Hero's current Total Inventories is $27.99 Mil.
How does Truck Hero's Total Inventories compare to IMLE and PFTI?
Truck Hero's Total Inventories of $27.99 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Total Inventories depends on the Vehicles & Parts 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 Truck Hero and its competitors. Truck Hero's current Total Inventories is $27.99 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Truck Hero stock overvalued right now?
Truck Hero (TRUK) has a current Total Inventories of $27.99 Mil. The current Total Inventories is $27.99 Mil. 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 Truck Hero (TRUK), the current Total Inventories is $27.99 Mil as of Jun. 2015. 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.

Truck Hero Business Description

Truck Hero Inc was incorporated in Delaware in November 2007. The Company designs, manufactures and markets consumer accessories for pickup trucks. It offers a portfolio of branded and private label truck bed covers and accessories that include truck bed covers, truck caps, and bed liners custom-made fiberglass and aluminum truck caps and fiberglass truck bed covers to consumer and commercial markets and a line of retractable aluminum slat and hard-rolling truck bed covers, as well as bed rails and storage boxes. It also sells third party branded vehicle accessories online, which include floor mats, grill guards, steps, tool boxes, and towing product. The Company competes with the companies that manufacture and retail accessory and appearance products. It is subject to governmental laws and regulations.