CrossAmerica Partners LP (CrossAmerica Partners LP) Total Inventories : $58 Mil (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is CrossAmerica Partners LP Total Inventories?

CrossAmerica Partners LP's total inventories for the quarter that ended in Mar. 2024 was $58 Mil. CrossAmerica Partners LP's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $55 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. CrossAmerica Partners LP's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-30.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CrossAmerica Partners LP's Days Inventory for the three months ended in Mar. 2024 was 5.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. CrossAmerica Partners LP's Inventory Turnover for the quarter that ended in Mar. 2024 was 15.59.

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. CrossAmerica Partners LP's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.06.

CrossAmerica Partners LP Total Inventories Historical Data

The historical data trend for CrossAmerica Partners LP'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.

CrossAmerica Partners LP Total Inventories Chart

CrossAmerica Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

6.23

23.25

46.10

47.31

52.34

CrossAmerica Partners LP Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial															47.91	51.97	53.61	52.34	58.04

CrossAmerica Partners LP 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.

CrossAmerica Partners LP (NYSE:CAPL) 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.

CrossAmerica Partners LP's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(6.278	+	0.75 * 36.108	+	0.5 * 58.037	-	1209.692
-	0	-	0)	/	38.0272
=	-30.17

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

CrossAmerica Partners LP's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	55.1905	/	860.2	*	365 / 4
	=	5.85

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

CrossAmerica Partners LP's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	860.2	/	55.1905
	=	15.59

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.

CrossAmerica Partners LP's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	55.1905	/	941.548
	=	0.06

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.

CrossAmerica Partners LP Total Inventories Related Terms

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

CrossAmerica Partners LP (CrossAmerica Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CrossAmerica Partners LP (NYSE:CAPL) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

645 Hamilton Street, Suite 400, Allentown, PA, USA, 18101

Website

https://www.crossamericapartners.com

CrossAmerica Partners LP is a US-based limited partnership which is engaged in the wholesale distribution of motor fuel and the ownership and leasing of real estate used in the retail distribution of motor fuel. The company operates through two business segments namely Wholesale and Retail. The Wholesale segment is a key revenue driver, includes the wholesale distribution of motor fuel to lessee dealers, independent dealers, commission agents, DMS, Circle K and through company operated retail sites. The Retail segment includes the sale of convenience merchandise items, the retail sale of motor fuel at company-operated retail sites and the retail sale of motor fuel at retail sites operated by commission agents.

Executives

Topper Joseph V. Jr.	director, 10 percent owner	702 WEST HAMILTON STREET, SUITE 203, ALLENTOWN PA 18101
Robert Brecker	officer: Executive Vice Pres Operations	107 SACRAMENTO DRIVE, QUAKERTOWN PA 18951
Stephen J Lattig	officer: Senior Vice President Retail	6109 COTTONWOOD LANE, BLACKSHEAR GA 31516
Thomas E Kelso	director	14921 OLD YORK ROAD, PHOENIX MD 21131
Matthew Evan Naylor	officer: Senior Vice President Retail	200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Mickey Kim	director	500 S. COUNTRY CLUB ROAD, COLUMBUS IN 47201
2008 Irrevocable Agreement Of Trust Of John B Reilly Jr	10 percent owner	1577 SAUCON VALLEY ROAD, BETHLEHEM PA 18105
Dunne Manning Cap Holdings I Llc	10 percent owner	645 HAMILTON STREET, SUITE 500, ALLENTOWN PA 18101
Reilly John B. Iii	director	ONE SAUCON VIEW DRIVE, BETHLEHEM PA 18015
Eric M Javidi	officer: Chief Financial Officer	500 TECHNOLOGY DRIVE, 2ND FLOOR, CANONSBURG PA 15317
Maura Topper	director	1762 ARDEN LANE, BETHLEHEM PA 18015
Keenan D Lynch	director, officer: Corporate Secretary	645 HAMILTON STREET, SUITE 500, ALLENTOWN PA 18101
Patricia Dunne Topper Trust	10 percent owner	645 HAMILTON STREET, SUITE 500, ALLENTOWN PA 18101
Dm Partners Management Co. Llc	10 percent owner	645 HAMILTON STREET, SUITE 500, ALLENTOWN PA 18101
Dunne Manning Partners Llc	10 percent owner	645 HAMILTON STREET, SUITE 500, ALLENTOWN PA 18101