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TXNM (TXNM Energy) Total Inventories : $167 Mil (As of Dec. 2024)


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What is TXNM Energy Total Inventories?

TXNM Energy's total inventories for the quarter that ended in Dec. 2024 was $167 Mil. TXNM Energy's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $144 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. TXNM Energy's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-91.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TXNM Energy's Days Inventory for the three months ended in Dec. 2024 was 71.35.

Inventory Turnover measures how fast the company turns over its inventory within a year. TXNM Energy's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.28.

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. TXNM Energy's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.30.


TXNM Energy Total Inventories Historical Data

The historical data trend for TXNM Energy'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.

TXNM Energy Total Inventories Chart

TXNM Energy 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 66.42 65.06 66.73 98.03 166.86

TXNM Energy 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 98.03 104.49 115.14 120.52 166.86

TXNM Energy 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.


TXNM Energy  (NYSE:TXNM) 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.

TXNM Energy'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)
=(4.498+0.75 * 130.351+0.5 * 166.861-8616.919
-11.529-46.9)/92.659
=-91.62

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

TXNM Energy'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
=143.69/183.758*365 / 4
=71.35

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

TXNM Energy'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 )
=183.758 / 143.69
=1.28

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.

TXNM Energy'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 )
=143.69 / 476.964
=0.30

* 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.


TXNM Energy Total Inventories Related Terms

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TXNM Energy Business Description

Traded in Other Exchanges
Address
414 Silver Avenue SW, Albuquerque, NM, USA, 87102-3289
TXNM Energy Inc is a holding company that owns regulated utility companies providing energy to houses and businesses across Texas and New Mexico using its utilities.
Executives
Norman P. Becker director 3900 SINGER BOULEVARD N.E., ALBUQUERQUE NM 87109
Elisabeth A Eden officer: SVP, CFO & Treasurer 414 SILVER AVE SW, MS1295, ALBUQUERQUE NM 87102
Henry E Monroy officer: VP & Corporate Controller 414 SILVER AVENUE SW, MS1015, ALBUQUERQUE NM 87102-3289
Charles N Eldred officer: Chief Financial Officer 414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
Joseph Don Tarry officer: VP and Corporate Controller 414 SILVER AVE SW MS 1205, ALBUQUERQUE NM 87102-3289
Patrick V Apodaca officer: SR VP, GEN COUNSEL & SECY 414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
Ronald N. Darnell officer: VICE PRESIDENT, REGULATORY AFF 414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
Vicky A Bailey director 2099 PENNSYLVANIA AVNUE, NW, SUITE 1000, WASHINGTON DC 20006
James Alton Hughes director 350 W WASHINGTON STREET, SUITE 600, TEMPE AZ 85281
Chris M Olson officer: VP, Utility Operations 414 SILVER AVENUE SW, MS 1255, ALBUQUERQUE NM 87102-3289
Adelmo E Archuleta director 414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
Ronald E Talbot officer: SR VP, CHIEF OPERATING OFFICER 414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
Bruce W Wilkinson director 1333 WEST LOOP SOUTH, STE 1700, HOUSTON TX 77027
Sidney M. Gutierrez director 414 SILVER AVE SW, MS 1275, ALBUQUERQUE NM 87102-3289
Joan B Woodard director 414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289