GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Navigator Holdings Ltd (NYSE:NVGS) » Definitions » Total Inventories

Navigator Holdings (Navigator Holdings) Total Inventories : $9.0 Mil (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Navigator Holdings Total Inventories?

Navigator Holdings's total inventories for the quarter that ended in Dec. 2023 was $9.0 Mil. Navigator Holdings's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $10.8 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Navigator Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-11.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Navigator Holdings's Days Inventory for the three months ended in Dec. 2023 was 10.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Navigator Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 9.08.

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. Navigator Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.08.


Navigator Holdings Total Inventories Historical Data

The historical data trend for Navigator Holdings'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.

Navigator Holdings Total Inventories Chart

Navigator Holdings 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 9.65 8.43 13.17 8.55 9.04

Navigator Holdings 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 8.55 10.46 10.70 12.47 9.04

Navigator Holdings 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.


Navigator Holdings  (NYSE:NVGS) 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.

Navigator Holdings'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)
=(149.581+0.75 * 34.653+0.5 * 9.044-969.611
-0-42.8)/73.2086
=-11.37

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

Navigator Holdings'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
=10.7585/97.659*365 / 4
=10.05

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

Navigator Holdings'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 )
=97.659 / 10.7585
=9.08

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.

Navigator Holdings'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 )
=10.7585 / 141.632
=0.08

* 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.


Navigator Holdings Total Inventories Related Terms

Thank you for viewing the detailed overview of Navigator Holdings's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Navigator Holdings (Navigator Holdings) Business Description

Traded in Other Exchanges
N/A
Address
C/o NGT Services (UK) Ltd, 10 Bressenden Place, London, GBR, SW1E 5DH
Navigator Holdings Ltd is an owner and operator of a fleet of gas carriers. It provides gas transportation solutions for energy companies, industrial users, and commodity traders. It offers international and regional seaborne transportation services of liquefied petroleum gas, petrochemical gasses, and ammonia.