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DXP Enterprises (DXP Enterprises) Total Inventories : $104 Mil (As of Dec. 2023)


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What is DXP Enterprises Total Inventories?

DXP Enterprises's total inventories for the quarter that ended in Dec. 2023 was $104 Mil. DXP Enterprises's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $104 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. DXP Enterprises's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-20.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. DXP Enterprises's Days Inventory for the three months ended in Dec. 2023 was 33.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. DXP Enterprises's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.72.

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. DXP Enterprises's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.26.


DXP Enterprises Total Inventories Historical Data

The historical data trend for DXP Enterprises'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.

DXP Enterprises Total Inventories Chart

DXP Enterprises Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 129.57 97.07 100.89 101.39 103.81

DXP Enterprises 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 101.39 109.40 104.95 105.15 103.81

DXP Enterprises 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.


DXP Enterprises  (NAS:DXPE) 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.

DXP Enterprises'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)
=(173.12+0.75 * 311.171+0.5 * 103.805-796.557
-0.016-0)/16.1772
=-20.90

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

DXP Enterprises'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
=104.475/284.208*365 / 4
=33.54

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

DXP Enterprises'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 )
=284.208 / 104.475
=2.72

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.

DXP Enterprises'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 )
=104.475 / 407.044
=0.26

* 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.


DXP Enterprises Total Inventories Related Terms

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DXP Enterprises (DXP Enterprises) Business Description

Traded in Other Exchanges
Address
5301 Hollister, Houston, TX, USA, 77040
DXP Enterprises Inc is a distributor of products and services to industrial customers in the United States, Canada, Mexico, and Dubai. The company's reportable segments include Service Centers, Innovative Pumping Solutions and Supply Chain Services. It generates maximum revenue from the Service Centers segment. The company offers pumping solutions, supply chain services and maintenance, repair, operating and production services for rotating equipment, bearings and power transmissions, industrial supplies and safety products. DXP Enterprises serves the oil and gas, general manufacturing, chemical, reseller, transportation, fabrication and construction, food and beverage, aerospace mining, agriculture, power, and refining industries.
Executives
Paz Maestas officer: CMO & CTO 5301 HOLLISTER ST, HOUSTON TX 77040
David Molero Santos officer: CHIEF ACCOUNTING OFFICER 5301 HOLLISTER ST, HOUSTON TX 77040
Todd Hamlin officer: Sr. Vice President 7272 PINEMONT DRIVE, HOUSTON TX 77040
David R Little director, 10 percent owner, officer: Chairman & CEO 7272 PINEMONT DRIVE, HOUSTON TX 77040
Yee Kent Nee Hung officer: Sr. Vice President 7272 PINEMONT DRIVE, HOUSTON TX 77040
David C Vinson officer: Sr, V.P. Operations
Nicholas Little officer: CHIEF OPERATING OFFICER 5301 HOLLISTER ST, HOUSTON TX 77040
Christopher T Gregory officer: Sr. Vice President 7272 PINEMONT DR, HOUSTON TX 77040
Karen Hoffman director 5301 HOLLISTER ST, HOUSTON TX 77040
Gene Padgett officer: SVP/Chief Accounting Officer VALMONT INDUSTRIES, INC., 15000 VALMONT PLAZA, OMAHA NE 68154
Joseph R Mannes director 4016 MCFARLIN BLVD, DALLAS TX 75205
Timothy P Halter director 174 FM 1830, ARGYLE TX 76226
David Patton director 7272 PINEMONT DR, HOUSTON TX 77040
Cletus Davis director
John Jay Jeffery officer: Sr. V.P. 7272 PINEMONT DRIVE, HOUSTON TX 77040