Nexeo Solutions (Nexeo Solutions) Total Inventories : $361 Mil (As of Dec. 2018)

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What is Nexeo Solutions Total Inventories?

Nexeo Solutions's total inventories for the quarter that ended in Dec. 2018 was $361 Mil. Nexeo Solutions's average total inventories from the quarter that ended in Sep. 2018 to the quarter that ended in Dec. 2018 was $350 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Nexeo Solutions's Net-Net Working Capital per share for the quarter that ended in Dec. 2018 was $-7.94.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nexeo Solutions's Days Inventory for the three months ended in Dec. 2018 was 38.11.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nexeo Solutions's Inventory Turnover for the quarter that ended in Dec. 2018 was 2.39.

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. Nexeo Solutions's Inventory-to-Revenue for the quarter that ended in Dec. 2018 was 0.37.

Nexeo Solutions Total Inventories Historical Data

The historical data trend for Nexeo Solutions'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.

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Nexeo Solutions Total Inventories Chart

Nexeo Solutions Annual Data

Trend

Dec14

Dec15

Sep16

Sep17

Sep18

Total Inventories

315.80

315.50

338.80

Nexeo Solutions Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Total Inventories	Get a 7-Day Free Trial															367.20	374.30	360.90	338.80	360.50

Nexeo Solutions 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.

Nexeo Solutions (NAS:NXEO) 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.

Nexeo Solutions's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2018 is

	Net-Net Working Capital Per Share (Q: Dec. 2018 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(54.6	+	0.75 * 549.5	+	0.5 * 360.5	-	1359.6
-	0	-	0)	/	89.6983
=	-7.94

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

Nexeo Solutions's Days Inventory for the three months ended in Dec. 2018 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2018 )	/	Cost of Goods Sold (Q: Dec. 2018 )	*	Days in Period
	=	349.65	/	837.1	*	365 / 4
	=	38.11

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

Nexeo Solutions's Inventory Turnover for the quarter that ended in Dec. 2018 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2018 )	/	Average Total Inventories (Q: Dec. 2018 )
	=	837.1	/	349.65
	=	2.39

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.

Nexeo Solutions's Inventory to Revenue for the quarter that ended in Dec. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2018 )	/	Revenue (Q: Dec. 2018 )
	=	349.65	/	935.8
	=	0.37

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.

Nexeo Solutions Total Inventories Related Terms

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Nexeo Solutions (Nexeo Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nexeo Solutions Inc (NAS:NXEO) » Definitions » Total Inventories

Traded in Other Exchanges

N/A

Address

Website

http://www.nexeosolutions.com

Nexeo Solutions Inc distributes chemicals and plastic products across North America and Asia. The company operates its business through three segments that are; Chemicals, Plastics, and Environmental Services. The firm through its operating segments distributes specialty and industrial chemicals, additives and solvents to industrial users, commodity polymer products and prime engineering resins to companies engaged in plastics processing. Nexeo also provides its customers with on-site and off-site hazardous and non-hazardous waste collection, recovery and arrangement for disposal services or recycling. It generates the majority of the revenues from the sale of chemicals and plastic materials.

Executives

James G Coulter	10 percent owner, other: Former 10% Owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Thomas E Zacharias	director	C/O W P CAREY & CO LLC, 50 ROCKEFELLER PLAZA, NEW YORK NY 10020
Brian Herington	officer: Executive VP, Chemicals	3 WATERWAY SQUARE PLACE, SUITE 1000, THE WOODLANDS TX 77380
Steven T Romick	10 percent owner	11400 W OLYMPIC BLVD, STE 1200, LOS ANGELES CA 90064
Mark Landecker	10 percent owner	11400 W. OLYMPIC BLVD., STE. 1200, LOS ANGELES CA 90064
J Richard Atwood	10 percent owner
Brian A. Selmo	10 percent owner	11400 W. OLYMPIC BLVD., STE. 1200, LOS ANGELES CA 90064
Gabriela Garcia	officer: Controller	1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
David A. Bradley	director, officer: President & CEO	15710 JOHN F. KENNDEY BLVD, SUITE 300, HOUSTON TX 77032
Dan F Smith	director	1221 MCKINNEY STREET, SUITE 700, HOUSTON TX 77010
Kenneth Michael Burke	director	11742 RIVERVIEW DRIVE, HOUSTON TX 77007
Ross Crane	officer: EVP & CFO	3 WATERWAY SQUARE PLACE, SUITE 1000, THE WOODLANDS TX 77380
Tpg Advisors Vi, Inc.	other: Former 10% Owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Tpg Group Holdings (sbs) Advisors, Inc.	other: Former 10% Owner	C/O TPG GLOBAL, LLC, 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
David Bonderman	other: Former 10% Owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102