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REX American Resources (FRA:RX3) Total Inventories : €25.3 Mil (As of Apr. 2024)


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What is REX American Resources Total Inventories?

REX American Resources's total inventories for the quarter that ended in Apr. 2024 was €25.3 Mil. REX American Resources's average total inventories from the quarter that ended in Jan. 2024 to the quarter that ended in Apr. 2024 was €25.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. REX American Resources's Net-Net Working Capital per share for the quarter that ended in Apr. 2024 was €12.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. REX American Resources's Days Inventory for the three months ended in Apr. 2024 was 16.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. REX American Resources's Inventory Turnover for the quarter that ended in Apr. 2024 was 5.47.

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. REX American Resources's Inventory-to-Revenue for the quarter that ended in Apr. 2024 was 0.17.


REX American Resources Total Inventories Historical Data

The historical data trend for REX American Resources'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.

REX American Resources Total Inventories Chart

REX American Resources Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.11 30.73 37.33 45.23 24.77

REX American Resources Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 37.67 41.55 35.53 24.77 25.26

REX American Resources 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.


REX American Resources  (FRA:RX3) 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.

REX American Resources's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2024 is

Net-Net Working Capital Per Share (Q: Apr. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(327.844+0.75 * 20.071+0.5 * 25.257-67.682
-0-68.905)/17.5037
=12.51

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

REX American Resources's Days Inventory for the three months ended in Apr. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Apr. 2024 )/Cost of Goods Sold (Q: Apr. 2024 )*Days in Period
=25.014/136.799*365 / 4
=16.69

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

REX American Resources's Inventory Turnover for the quarter that ended in Apr. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Apr. 2024 ) / Average Total Inventories (Q: Apr. 2024 )
=136.799 / 25.014
=5.47

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.

REX American Resources's Inventory to Revenue for the quarter that ended in Apr. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Apr. 2024 ) / Revenue (Q: Apr. 2024 )
=25.014 / 150.267
=0.17

* 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.


REX American Resources Total Inventories Related Terms

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REX American Resources (FRA:RX3) Business Description

Traded in Other Exchanges
Address
7720 Paragon Road, Dayton, OH, USA, 45459
REX American Resources Corp operates as a holding company, which engages in investment in alternative energy and ethanol production entities. Its operating segments include Ethanol and By-Products. Its products include dried distillers grains, modified distillers grains, and non-food grade corn oil.

REX American Resources (FRA:RX3) Headlines

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