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Kimball International (Kimball International) Total Inventories : $89.6 Mil (As of Mar. 2023)


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What is Kimball International Total Inventories?

Kimball International's total inventories for the quarter that ended in Mar. 2023 was $89.6 Mil. Kimball International's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Mar. 2023 was $97.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Kimball International's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was $-2.80.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kimball International's Days Inventory for the three months ended in Mar. 2023 was 85.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kimball International's Inventory Turnover for the quarter that ended in Mar. 2023 was 1.07.

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. Kimball International's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.59.


Kimball International Total Inventories Historical Data

The historical data trend for Kimball International'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.

Kimball International Total Inventories Chart

Kimball International Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.51 46.81 49.86 54.29 97.97

Kimball International Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 83.55 97.97 105.94 104.81 89.63

Kimball International 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.


Kimball International  (NAS:KBAL) 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.

Kimball International's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2023 is

Net-Net Working Capital Per Share (Q: Mar. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(18.768+0.75 * 49.543+0.5 * 89.633-203.293
-0-0)/36.5745
=-2.80

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

Kimball International's Days Inventory for the three months ended in Mar. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2023 )/Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=97.2225/103.705*365 / 4
=85.55

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

Kimball International's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2023 ) / Average Total Inventories (Q: Mar. 2023 )
=103.705 / 97.2225
=1.07

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.

Kimball International's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=97.2225 / 166.184
=0.59

* 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.


Kimball International Total Inventories Related Terms

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Kimball International (Kimball International) Business Description

Traded in Other Exchanges
N/A
Address
1600 Royal Street, Jasper, IN, USA, 47546-2256
Kimball International Inc operates in the omnichannel commercial furnishing business. The company specializes in making furniture for the workplace, health, and hospitality markets. The workplace market area includes commercial, education, government, and financial segments and eBusiness. The company's furniture brand portfolio comprises Kimball, National, Interwoven, Kimball Hospitality, D'style, and Poppin.
Executives
Christopher M Robison officer: INTERIM PRESIDENT POPPIN C/O KIMBALL INTERNATIONAL, INC., 1600 ROYAL STREET, JASPER IN 47546-225
Willi Candra officer: Chief Digital & Info Officer C/O KIMBALL INTERNATIONAL, INC., 1600 ROYAL STREET, JASPER IN 47546-225
Timothy J Wolfe officer: EVP & CFO 1600 ROYAL STREET, JASPER IN 47546
Michael J. Roch officer: EVP, CCO, Workplace and Health C/O KIMBALL INTERNATIONAL, INC., 1600 ROYAL STREET, JASPER IN 47546
Kourtney L Smith officer: EVP 1600 ROYAL STREET, JASPER IN 47549
Darren S Gress other: CORPORATE CONTROLLER 1600 ROYAL STREET, JASPER IN 47549
Valerie R Love director 1600 ROYAL STREET, JASPER IN 47546
Timothy J Jahnke director 115 ANSLEY WAY, ROSWELL GA 30075
Susan B Frampton director 1600 ROYAL ST, JASPER IN 47549
Scott M Settersten director 1000 REMINGTON BLVD., SUITE 120, BOLINGBROOK IL 60440
Geoffrey L Stringer director 1600 ROYAL ST, JASPER IN 47549
Patrick E Connolly director 1600 ROYAL ST, JASPER IN 47549
Kimberly K Ryan director ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Thomas J Tischhauser director 1600 ROYAL STREET, JASPER IN 47549
Michelle Rene Schroeder officer: EVP, CHIEF FINANCIAL OFFICER 1600 ROYAL STREET, JASPER IN 47549

Kimball International (Kimball International) Headlines