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Martinrea International (TSX:MRE) Total Inventories : C$508 Mil (As of Dec. 2024)


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What is Martinrea International Total Inventories?

Martinrea International's total inventories for the quarter that ended in Dec. 2024 was C$508 Mil. Martinrea International's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was C$536 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Martinrea International's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was C$-20.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Martinrea International's Days Inventory for the three months ended in Dec. 2024 was 47.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. Martinrea International's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.91.

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. Martinrea International's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.47.


Martinrea International Total Inventories Historical Data

The historical data trend for Martinrea 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.

Martinrea International Total Inventories Chart

Martinrea 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 492.66 590.78 665.32 568.27 508.23

Martinrea 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 568.27 558.12 576.45 564.56 508.23

Martinrea 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.


Martinrea International  (TSX:MRE) 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.

Martinrea 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)
=(167.951+0.75 * 571.073+0.5 * 508.231-2353.772
-0-0)/72.788
=-20.65

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

Martinrea 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
=536.3945/1021.888*365 / 4
=47.90

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

Martinrea 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 )
=1021.888 / 536.3945
=1.91

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.

Martinrea 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 )
=536.3945 / 1150.928
=0.47

* 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.


Martinrea International Total Inventories Related Terms

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Martinrea International Business Description

Traded in Other Exchanges
Address
3210 Langstaff Road, Vaughan, ON, CAN, L4K 5B2
Martinrea International Inc is a diversified and world-wide automotive supplier engaged in the design, development and manufacturing of engineered, value-added Lightweight Structures and Propulsion Systems. Its products are used in the automotive sector by the majority of vehicle manufacturers. The Company's offerings include products, assemblies and systems for small and large cars, crossovers, pickups and sport utility vehicles. The company also provides metal forming and welding solutions. The company operates in Canada, USA, Europe, and Other Countries.
Executives
Peter Cirulis Senior Officer
Edward Waitzer Director
Ganesh Koduvayur Venkatasubramanian Kesavan Iyer Senior Officer
Robert Peter Edward Wildeboer Director, Senior Officer
Alfredo Alonso Senior Officer
Alfred Di Tosto Senior Officer
Hany Morsy Senior Officer
Frank Patrick D'eramo Director
Armando Pagliari Senior Officer
Michael Allen Leal Senior Officer
Bruce Norman Johnson Senior Officer
Lawrence Arthur Paine Senior Officer
Megan Rae Hunter Lulgjuraj Senior Officer
Kerri Lynn Pope Senior Officer
Sandra Pupatello Director

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