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Silgan Holdings (Silgan Holdings) Total Inventories : $941 Mil (As of Dec. 2023)


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What is Silgan Holdings Total Inventories?

Silgan Holdings's total inventories for the quarter that ended in Dec. 2023 was $941 Mil. Silgan Holdings's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $930 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Silgan Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-39.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Silgan Holdings's Days Inventory for the three months ended in Dec. 2023 was 75.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. Silgan Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.21.

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. Silgan Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.69.


Silgan Holdings Total Inventories Historical Data

The historical data trend for Silgan 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.

Silgan Holdings Total Inventories Chart

Silgan 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 633.01 677.53 798.84 769.40 940.81

Silgan 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 769.40 1,055.08 1,251.54 919.01 940.81

Silgan 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.


Silgan Holdings  (NYSE:SLGN) 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.

Silgan 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)
=(642.923+0.75 * 599.524+0.5 * 940.808-5721.878
-0-0)/106.5
=-39.05

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

Silgan 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
=929.9105/1121.547*365 / 4
=75.66

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

Silgan 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 )
=1121.547 / 929.9105
=1.21

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.

Silgan 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 )
=929.9105 / 1340.096
=0.69

* 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.


Silgan Holdings Total Inventories Related Terms

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Silgan Holdings (Silgan Holdings) Business Description

Traded in Other Exchanges
Address
4 Landmark Square, Suite 400, Stamford, CT, USA, 06901
Silgan Holdings manufactures about half of the metal food containers in North America. Its major customers include Campbell Soup, Nestle, and Del Monte. Silgan's other business segments include plastic dispensers and containers for personal and healthcare products and a closures business that manufactures metal and plastic lids and caps.
Executives
Anthony J Allott officer: President and COO 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Thomas James Snyder officer: President - Silgan Containers C/O SILGAN CONTAINERS LLC, 21600 OXNARD STREET, SUITE 1600, WOODLAND HILLS CA 91367
Stacey J. Mcgrath officer: Vice President, Tax C/O SILGAN HOLDINGS INC., 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Joseph M Jordan director C/O SILGAN HOLDINGS INC., 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Robert B Lewis officer: EVP and CFO 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Shawn C Fabry officer: SVP, Corporate Development C/O SILGAN HOLDINGS INC., 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Kimberly Irene Ulmer officer: Vice President & Controller 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Niharika Ramdev director C/O XL HYBRIDS, INC., 145 NEWTON STREET, BOSTON MA 02135
Daniel Patrick Murphy officer: Vice President & Controller C/O SILGAN HOLDINGS INC., 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
B. Frederick Prinzen officer: Vice President, Corp. Dev. SILGAN HOLDINGS INC., 4 LANDMARK SQUARE, STAMFORD CT 06901
Jay A Martin officer: Vice President P O BOX 5311, NEW CASTLE PA 16105
D Greg Horrigan director, 10 percent owner, officer: Co-Chairman and Co-CEO 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
William T Donovan director C/O SILGAN HOLDINGS INC., 4 LANDMARK SQUARE SUITE 400, STAMFORD CT 06901
Kimberly A Fields director C/O ALLEGHENY TECHNOLOGIES INCORPORATED, 1000 SIX PPG PLACE, PITTSBURGH PA 15217
Anthony P Andreacchi officer: Vice President, Tax 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901

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