GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Finning International Inc (TSX:FTT) » Definitions » Total Inventories

Finning International (TSX:FTT) Total Inventories : C$2,646 Mil (As of Dec. 2024)


View and export this data going back to 1969. Start your Free Trial

What is Finning International Total Inventories?

Finning International's total inventories for the quarter that ended in Dec. 2024 was C$2,646 Mil. Finning International's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was C$2,764 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Finning International's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was C$-18.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Finning International's Days Inventory for the three months ended in Dec. 2024 was 112.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. Finning International's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.81.

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. Finning International's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.96.


Finning International Total Inventories Historical Data

The historical data trend for Finning International'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.

Finning International Total Inventories Chart

Finning International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,477.00 1,687.00 2,461.00 2,844.00 2,646.00

Finning International Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2,844.00 3,073.00 2,974.00 2,881.00 2,646.00

Finning International 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.


Finning International  (TSX:FTT) 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.

Finning International'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)
=(384+0.75 * 1221+0.5 * 2646-5089
-0-13)/135.971
=-18.23

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

Finning International'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
=2763.5/2242*365 / 4
=112.48

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

Finning International'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 )
=2242 / 2763.5
=0.81

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.

Finning International'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 )
=2763.5 / 2873
=0.96

* 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.


Finning International Total Inventories Related Terms

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


Finning International Business Description

Traded in Other Exchanges
Address
19100 94th Avenue, Surrey, BC, CAN, V4N 5C3
Finning International Inc is a dealer and distributor of heavy-duty machinery and parts of the Caterpillar brand. The company sells and rents Caterpillar machinery to the mining, construction, petroleum, forestry, and power system application industries. Finning International further provides parts and services for equipment and engines to its customers via its owned distribution network and buys and sells used equipment domestically and internationally after reconditioning or rebuilding the machinery. The company operates in Canada, Chile, UK, Argentina and Others.
Executives
Francisco Javier Strauch Aznarez Senior Officer
Sebastian Tomas Guridi Senior Officer
Cheryl Lynn Gray Senior Officer
Juan Pablo Amar Senior Officer
Heather Jane Murdoch Senior Officer
Kieran Colquhoun Holm Senior Officer
Mark Stephen Hogg Senior Officer
Harold N. Kvisle Director
David Francis Neil Primrose Senior Officer
Tant Michael Boothman Senior Officer
Kevin Parkes Senior Officer
Gregory Palaschuk Senior Officer
Kimberly Sunshine Saldanha Senior Officer
Christopher William Patterson Director
Anna Pia Marks Senior Officer

Finning International Headlines