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Aramark (Aramark) Total Inventories : $368 Mil (As of Dec. 2023)


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What is Aramark Total Inventories?

Aramark's total inventories for the quarter that ended in Dec. 2023 was $368 Mil. Aramark's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $473 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Aramark's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-28.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aramark's Days Inventory for the three months ended in Dec. 2023 was 10.67.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aramark's Inventory Turnover for the quarter that ended in Dec. 2023 was 8.55.

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. Aramark's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.11.


Aramark Total Inventories Historical Data

The historical data trend for Aramark'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.

Aramark Total Inventories Chart

Aramark Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 411.32 436.47 412.68 552.39 578.43

Aramark Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 569.82 609.59 593.17 578.43 367.61

Aramark 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.


Aramark  (NYSE:ARMK) 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.

Aramark's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(295.597+0.75 * 2198.781+0.5 * 367.614-9564.683
-0-8.132)/262.368
=-28.37

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

Aramark's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=473.0205/4045.078*365 / 4
=10.67

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

Aramark's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=4045.078 / 473.0205
=8.55

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.

Aramark's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=473.0205 / 4407.765
=0.11

* 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.


Aramark Total Inventories Related Terms

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Aramark (Aramark) Business Description

Traded in Other Exchanges
Address
2400 Market Street, Philadelphia, PA, USA, 19103
Aramark provides food, facilities, and uniform services to a variety of clients and institutions. The majority of company revenue comes from its North American food and support services segment. Smaller but substantial segments include food and support services international, food and support services united states and uniform and career apparel. The food and support services segments provide food for school districts; colleges; healthcare facilities; correctional institutions; and business, sports, and entertainment venues. The uniform segment rents, delivers, cleans, and maintains work clothes and ancillary items like towels and mats to customers in North America and Japan. The company has hundreds of service locations and distribution centers across the United States and Canada.
Executives
Lauren A Harrington officer: SVP and General Counsel ARAMARK, 2400 MARKET STREET, PHILADELPHIA PA 19103
Marc A Bruno officer: COO, U.S. Food & Facilities C/O UNITED RENTALS, INC., 100 FIRST STAMFORD PLACE, SUITE 700, STAMFORD CT 06902
Kevin Wills director 750 LAKESHORE PARKWAY, BIRMINGHAM AL 35211
Abigail Charpentier officer: SVP & Chief HR Officer 2400 MARKET STREET, PHIADELPHIA PA 19103
Lynn Mckee officer: See Remarks
Patricia E Lopez director 333 LUDLOW ST, STAMFORD CT 06902
Kenneth M Keverian director IBM CORPORATION, ONE NEW ORCHARD ROAD, ARMONK NY 10504
Christopher T. Schilling officer: SVP, Controller and CAO 2400 MARKET STREET, PHILADELPHIA PA 19103
Bridgette P Heller director TECH DATA CORPORATION, 5350 TECH DATA DRIVE, CLEARWATER FL 33760
Keith Bethel officer: Chief Growth Officer C/O ARAMARK, 2400 MARKET STREET, PHILADELPHIA PA 19103
Thomas Gerard Ondrof officer: Executive VP and CFO C/O PERFORMANCE FOOD GROUP COMPANY, 12500 WEST CREEK PARKWAY, RICHMOND VA 23238
Stephen I Sadove director
Karen Marie King director C/O ARAMARK, 2400 MARKET STREET, PHILADELPHIA PA 19103
Greg Creed director 1441 GARDINER LANE, LOUISVILLE KY 40213
Mantle Ridge Lp other: Director by deputization 712 FIFTH AVENUE, SUITE 17F, NEW YORK NY 10019