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Atkore (Atkore) Total Inventories : $494 Mil (As of Dec. 2023)


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What is Atkore Total Inventories?

Atkore's total inventories for the quarter that ended in Dec. 2023 was $494 Mil. Atkore's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $494 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Atkore's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-11.30.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Atkore's Days Inventory for the three months ended in Dec. 2023 was 88.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. Atkore's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.03.

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. Atkore's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.62.


Atkore Total Inventories Historical Data

The historical data trend for Atkore'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.

Atkore Total Inventories Chart

Atkore 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 226.09 199.10 285.99 454.51 493.85

Atkore 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 445.78 416.05 468.04 493.85 493.64

Atkore 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.


Atkore  (NYSE:ATKR) 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.

Atkore'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)
=(380.922+0.75 * 517.634+0.5 * 493.637-1433.047
-0-0)/36.9055
=-11.30

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

Atkore'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
=493.7445/507.941*365 / 4
=88.70

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

Atkore'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 )
=507.941 / 493.7445
=1.03

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.

Atkore'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 )
=493.7445 / 798.481
=0.62

* 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.


Atkore Total Inventories Related Terms

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Atkore (Atkore) Business Description

Traded in Other Exchanges
Address
16100 South Lathrop Avenue, Harvey, IL, USA, 60426
Atkore Inc is a diversified industrials company and a manufacturer of electrical, mechanical, and safety infrastructure solutions. Atkore has two business segments: electrical and safety and infrastructure. Net sales are highest in the electrical business line as well as in the United States. The key product categories in the electrical segment are PVC conduit, steel conduit, and PVC-coated conduit, which are staples for electrical distributors. The key product categories in the safety and infrastructure segment include in-line galvanized mechanical tube, metal framing and related fittings, and security bollards. Also, the company provides ancillary services to customers in the form of slitting and cutting structural steel sheets.
Executives
Waltz William E Jr. officer: President, Conduit & Fittings 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
Mark F. Lamps officer: Pres. Mech. Prods. & Solutions 16100 S. LATHROP AVENUE, HARVEY IL 60426
Leangela W. Lowe officer: VP, Global Human Resources 16100 S. LATHROP AVENUE, HARVEY IL 60426
Scott H Muse director C/O RICHARD W DAVIES HUBBELL INC, 684 DERBY MILFORD RD, ORANGE CT 06477
A Mark Zeffiro director 2600 W. BIG BEAVER ROAD, SUITE 555, TROY MI 48084
David Paul Johnson officer: Vice President and CFO 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
Justin A Kershaw director 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
James Wilbert W Jr director 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
Daniel S Kelly officer: VP, General Counsel and Sec. 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
Barbara Joanne Edwards director 11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
John W Pregenzer officer: President, Electrical 16100 S LATHROP AVENUE, HARVEY IL 60426
William Vanarsdale director 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
Peter J Lariviere officer: President, Cable Solutions 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
Michael J Schulte officer: Pres, Mech. Prods. & Solutions 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
John Patrick Williamson officer: President and CEO 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426

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