Daseke (Daseke) Total Inventories : $4 Mil (As of Dec. 2023)

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What is Daseke Total Inventories?

Daseke's total inventories for the quarter that ended in Dec. 2023 was $4 Mil. Daseke's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $4 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Daseke's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-19.33.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Daseke's Days Inventory for the three months ended in Dec. 2023 was 1.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. Daseke's Inventory Turnover for the quarter that ended in Dec. 2023 was 77.52.

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. Daseke's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Daseke Total Inventories Historical Data

The historical data trend for Daseke'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.

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Daseke Total Inventories Chart

Daseke Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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3.50

3.10

3.50

4.20

4.10

Daseke 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															4.20	4.40	4.30	4.20	4.10

Daseke 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.

Daseke (NAS:DSKE) 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.

Daseke'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)
=	(76.6	+	0.75 * 157.8	+	0.5 * 4.1	-	984.7
-	112.6	-	0)	/	46.5665
=	-19.33

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

Daseke'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
	=	4.15	/	321.7	*	365 / 4
	=	1.18

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

Daseke'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 )
	=	321.7	/	4.15
	=	77.52

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.

Daseke'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 )
	=	4.15	/	360
	=	0.01

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.

Daseke Total Inventories Related Terms

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Daseke (Daseke) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Daseke Inc (NAS:DSKE) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

1VG:Germany 1VG:Germany

Address

15455 Dallas Parkway, Suite 550, Addison, TX, USA, 75001

Website

https://investor.daseke.com

Daseke Inc provides transportation and logistics solutions focused exclusively on flatbed and specialized freight in North America. It has two reportable segments: Flatbed Solutions and Specialized Solutions. The Flatbed Solutions segment focuses on delivering transportation and logistics solutions that principally require the use of flatbed and retractable-sided transportation equipment; and the Specialized Solutions segment focuses on delivering transportation and logistics solutions that require the use of specialized trailering transportation equipment. Daseke derives most of its revenues from its Specialized Solutions segment.

Executives

Aaron Coley	officer: EVP and CFO	15455 DALLAS PKWY, SUITE 550, ADDISON TX 75001
Scott Hoppe	officer: EVP and COO	C/O DASEKE, 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Rick Alan Williams	officer: EVP and COO	15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Melendy E Lovett	director	14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Bruce Blaise	director	C/O DASEKE, 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Williams Ena Koschel	director	15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Catharine D Ellingsen	director	18500 N. ALLIED WAY, PHOENIX AZ 85054
Charles F Serianni	director	110 S.E. 6TH STREET, 28TH FLOOR, FORT LAUDERDALE FL 33301
Jason R. Bates	officer: EVP and CFO	USA TRUCK, INC., 3200 INDUSTRIAL PARK ROAD, VAN BUREN AR 72956
Grant Edward Garbers	director	C/O DASEKE, 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Soumit Roy	officer: Chief Legal Officer & Sec.	DASEKE, 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Jonathan Shepko	director	15455 DALLAS PKWY, STE. 440, ADDISON TX 75001
Kevin M. Charlton	director	14631 NORTH SCOTTSDALE RD, SUITE 200, SCOTTSDALE AZ 85254
Brian Bonner	director	15455 DALLAS PKWY, STE. 440, ADDISON TX 75001
Kimberly Warmbier	director	3150 SABRE DRIVE, SOUTHLAKE TX 76092