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Reynolds Consumer Products (Reynolds Consumer Products) Total Inventories : $524 Mil (As of Dec. 2023)


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What is Reynolds Consumer Products Total Inventories?

Reynolds Consumer Products's total inventories for the quarter that ended in Dec. 2023 was $524 Mil. Reynolds Consumer Products's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $550 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Reynolds Consumer Products's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-10.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Reynolds Consumer Products's Days Inventory for the three months ended in Dec. 2023 was 72.01.

Inventory Turnover measures how fast the company turns over its inventory within a year. Reynolds Consumer Products's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.27.

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. Reynolds Consumer Products's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.55.


Reynolds Consumer Products Total Inventories Historical Data

The historical data trend for Reynolds Consumer Products'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.

Reynolds Consumer Products Total Inventories Chart

Reynolds Consumer Products Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial 418.00 419.00 583.00 722.00 524.00

Reynolds Consumer Products 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 722.00 682.00 614.00 576.00 524.00

Reynolds Consumer Products 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.


Reynolds Consumer Products  (NAS:REYN) 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.

Reynolds Consumer Products'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)
=(115+0.75 * 347+0.5 * 524-2797
-0-0)/210.009
=-10.28

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

Reynolds Consumer Products'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
=550/697*365 / 4
=72.01

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

Reynolds Consumer Products'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 )
=697 / 550
=1.27

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.

Reynolds Consumer Products'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 )
=550 / 1006
=0.55

* 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.


Reynolds Consumer Products Total Inventories Related Terms

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Reynolds Consumer Products (Reynolds Consumer Products) Business Description

Traded in Other Exchanges
N/A
Address
1900 W. Field Court, Lake Forest, IL, USA, 60045
Reynolds Consumer Products Inc is a provider of household products. The firm is engaged in the production and sales of cooking products, waste and storage products, and tableware. It operates through four reportable segments namely, Reynolds Cooking and Baking, Hefty Waste and Storage, Hefty Tableware, and Presto Products. Reynolds Cooking and Baking segment produce branded and store brand aluminum foil, disposable aluminum pans, parchment paper, freezer paper, wax paper, butcher paper, plastic wrap, baking cups, oven bags and slow cooker liners.
Executives
Christine Montenegro Mcgrath director C/O REYNOLDS CONSUMER PRODUCTS INC., 1900 W. FIELD COURT, LAKE FOREST IL 60045
Chris Mayrhofer officer: Vice President and Controller C/O REYNOLDS CONSUMER PRODUCTS, 1900 W. FIELD CT., LAKE FOREST IL 60045
Christopher Corey officer: President, Presto Products C/O REYNOLDS CONSUMER PRODUCTS, INC., 1900 W. FIELD COURT, LAKE FOREST IL 60045
Mark D. Swartzberg officer: VP Investor Relations C/O REYNOLDS CONSUMER PRODUCTS INC., 1900 W. FIELD COURT, LAKE FOREST IL 60045
Nathan D. Lowe officer: VP, Fin. Planning & Analysis C/O REYNOLDS CONSUMER PRODUCTS INC., 1900 W. FIELD COURT, LAKE FOREST IL 60045
V Lance Mitchell director, officer: President and CEO 1900 W. FIELD COURT, LAKE FOREST IL 60045
Michael E. Graham officer: Chief Financial Officer REYNOLDS CONSUMER PRODUCT, 1900 W. FIELD COURT, LAKE FOREST IL 60045
Stephen C. Estes officer: Chief Administrative Officer 1900 W. FIELD COURT, LAKE FOREST IL 60045
Clyde David Watson officer: Chief Legal Counsel/Corp Sec 1900 W. FIELD COURT, LAKE FOREST IL 60045
Valerie Elizabeth Miller officer: EVP-HR 1900 W. FIELD COURT, LAKE FOREST IL 60045
Michael F. Mcmahon officer: VP-Senior Sales Team 1900 W. FIELD COURT, LAKE FOREST IL 60045
Rita Fisher officer: Chief Information Officer/EVP 1900 W. FIELD COURT, LAKE FOREST IL 60045
Allen Hugli director C/O RANK GROUP, LEVEL II, 148 QUAY ST, AUCKLAND Q2 00000
Lisa M Smith officer: President, Hefty Waste&Storage 1900 W. FIELD COURT, C/O REYNOLDS CONSUMER PRODUCTS INC., LAKE FOREST IL 60045
Gregory Alan Cole director PO BOX 3515, AUCKLAND Q2 00000