Core & Main (Core & Main) Inventory-to-Revenue : 0.55 (As of Jan. 2024)

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What is Core & Main Inventory-to-Revenue?

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. Core & Main's Average Total Inventories for the quarter that ended in Jan. 2024 was $795 Mil. Core & Main's Revenue for the three months ended in Jan. 2024 was $1,440 Mil. Core & Main's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.55.

Core & Main's Inventory-to-Revenue for the quarter that ended in Jan. 2024 increased from Oct. 2023 (0.47) to Oct. 2023 (0.55)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Core & Main's Days Inventory for the three months ended in Jan. 2024 was 68.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. Core & Main's Inventory Turnover for the quarter that ended in Jan. 2024 was 1.33.

Core & Main Inventory-to-Revenue Historical Data

The historical data trend for Core & Main's Inventory-to-Revenue 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.

Core & Main Inventory-to-Revenue Chart

Core & Main Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Inventory-to-Revenue

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0.10

0.12

0.14

Core & Main Quarterly Data
	Jan19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Inventory-to-Revenue	Get a 7-Day Free Trial													0.80	0.66	0.52	0.47	0.55

Competitive Comparison of Core & Main's Inventory-to-Revenue

For the Industrial Distribution subindustry, Core & Main's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Core & Main's Inventory-to-Revenue Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Core & Main's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Core & Main's Inventory-to-Revenue falls into.

Core & Main Inventory-to-Revenue Calculation

Core & Main's Inventory-to-Revenue for the fiscal year that ended in Jan. 2024 is calculated as

	Inventory-to-Revenue (A: Jan. 2024 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Jan. 2023 )	+	Total Inventories (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )
=	( (1047	+	766)	/	2 )	/	6702
=	906.5					/	6702
=	0.14

Core & Main's Inventory-to-Revenue for the quarter that ended in Jan. 2024 is calculated as

	Inventory-to-Revenue (Q: Jan. 2024 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )	/	Revenue (Q: Jan. 2024 )
=	( (824	+	766)	/	2 )	/	1440
=	795					/	1440
=	0.55

Core & Main (NYSE:CNM) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Core & Main's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	795	/	1056	*	365 / 4
	=	68.70

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

Core & Main's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jan. 2024 )	/	Average Total Inventories (Q: Jan. 2024 )
	=	1056	/	795
	=	1.33

Core & Main Inventory-to-Revenue Related Terms

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Core & Main (Core & Main) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Core & Main Inc (NYSE:CNM) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

1830 Craig Park Court, Saint Louis, MO, USA, 63146

Website

https://www.coreandmain.com

Core & Main Inc is a distributor of water, sewer, storm drain, and fire protection products in the United States. It combines local expertise with a national supply chain to provide contractors and municipalities solutions for new construction and aging infrastructure.

Executives

John R Schaller	officer: President, Waterworks	C/O CORE & MAIN, INC., 1830 CRAIG PARK COURT, ST. LOUIS MO 63146
Orvin T Kimbrough	director	C/O CORE & MAIN, INC., 1830 CRAIG PARK COURT, ST. LOUIS MO 63146
Stephen O Leclair	director, officer: Chief Executive Officer	3100 CUMBERLAND BLVD, SUITE 1700, ATLANTA GA 30339
Laura K Schneider	officer: Chief Human Resources Officer	C/O CORE & MAIN, INC., 1830 CRAIG PARK COURT, ST. LOUIS MO 63146
Jeffrey D Giles	officer: VP, Corporate Department	C/O CORE & MAIN, INC., 1830 CRAIG PARK COURT, ST. LOUIS MO 63146
Cd&r Fund X Waterworks B1, L.p.	10 percent owner	C/O CLAYTON, DUBILIER & RICE, LLC, 375 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10152
John Weldon Stephens	officer: VP, Corp. Controller	C/O CORE & MAIN, INC., 1830 CRAIG PARK COURT, ST. LOUIS MO 63146
Mark R Witkowski	officer: Chief Financial Officer	C/O CORE & MAIN, INC., 1830 CRAIG PARK COURT, ST. LOUIS MO 63146
Bradford A Cowles	officer: President, Fire Protection	C/O CORE & MAIN, INC., 1830 CRAIG PARK COURT, ST. LOUIS MO 63146
James G Castellano	director	C/O CORE & MAIN, INC., 1830 CRAIG PARK COURT, ST. LOUIS MO 63146
Mark G Whittenburg	officer: General Counsel and Secretary	C/O CORE & MAIN, INC., 1830 CRAIG PARK COURT, ST. LOUIS MO 63146
Robert M Buck	director	260 JIMMY ANN DRIVE, DAYTONA BEACH FL 32114
Bhavani Amirthalingam	director	1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166-6149
Margaret Newman	director	KEURIG DR PEPPER INC., 53 SOUTH AVE., BURLINGTON MA 01803
Kathleen M Mazzarella	director	C/O GRAYBAR ELECTRIC CO., INC, 34 N. MERAMEC AVENUE, CLAYTON MO 63105