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Staples (Staples) Total Inventories : $1,870 Mil (As of Jul. 2017)


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What is Staples Total Inventories?

Staples's total inventories for the quarter that ended in Jul. 2017 was $1,870 Mil. Staples's average total inventories from the quarter that ended in Apr. 2017 to the quarter that ended in Jul. 2017 was $1,747 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Staples's Net-Net Working Capital per share for the quarter that ended in Jul. 2017 was $-3.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Staples's Days Inventory for the three months ended in Jul. 2017 was 54.80.

Inventory Turnover measures how fast the company turns over its inventory within a year. Staples's Inventory Turnover for the quarter that ended in Jul. 2017 was 1.67.

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. Staples's Inventory-to-Revenue for the quarter that ended in Jul. 2017 was 0.45.


Staples Total Inventories Historical Data

The historical data trend for Staples'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.

Staples Total Inventories Chart

Staples Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,314.06 2,328.30 2,144.00 1,791.00 1,737.00

Staples Quarterly Data
Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17
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 2,233.00 2,019.00 1,737.00 1,623.00 1,870.00

Staples 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.


Staples  (NAS:SPLS) 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.

Staples's Net-Net Working Capital Per Share for the quarter that ended in Jul. 2017 is

Net-Net Working Capital Per Share (Q: Jul. 2017 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1199+0.75 * 0+0.5 * 1870-4271
-0-8)/656.713
=-3.27

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

Staples's Days Inventory for the three months ended in Jul. 2017 is calculated as:

Days Inventory=Average Total Inventories (Q: Jul. 2017 )/Cost of Goods Sold (Q: Jul. 2017 )*Days in Period
=1746.5/2908*365 / 4
=54.80

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

Staples's Inventory Turnover for the quarter that ended in Jul. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jul. 2017 ) / Average Total Inventories (Q: Jul. 2017 )
=2908 / 1746.5
=1.67

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.

Staples's Inventory to Revenue for the quarter that ended in Jul. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jul. 2017 ) / Revenue (Q: Jul. 2017 )
=1746.5 / 3905
=0.45

* 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.


Staples Total Inventories Related Terms

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Staples (Staples) Business Description

Traded in Other Exchanges
N/A
Address
Staples is an American retailer with online and delivery capabilities. Staples offers products in categories: technology, facilities and breakroom, furniture, safety, medical, copy and print, and Staples EasyTech services. Staples operates throughout North and South America, Europe, Asia, Australia, and New Zealand. The company divides its business into three segments: North American stores and online, North American commercial, and international operations. The product offering includes Staples, Quill, and other proprietary branded products. Staples' product price points are generally low.
Executives
Shira Goodman director, officer: CEO C/O CARMAX, 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238
John F Lundgren director 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Deborah A Henretta director ONE RIVERFRONT PLAZA, CORNING NY 14831
Robert E Sulentic director C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Kunal Kamlani director 3333 BEVERLY ROAD, HOFFMAN ESTATES IL 60179
Christine T Komola officer: Chief Financial Officer 500 STAPLES DRIVE, FRAMINGHAM MA 01702
Drew G Faust director C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Curtis F Feeny director C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Joseph Doody officer: Vice Chairman CASELLA WASTE SYSTEMS INC, 25 GREENS HILL LANE PO BOX 866, RUTLAND VT 05701
Carol Meyrowitz director TJX COMPANIES INC, 770 COCHITUATE RD, FRAMINGHAM MA 01701
Ronald Sargent director, officer: Chairman and CEO 1014 VINE STREET, CINCINNATI OH 45202
Demos Parneros officer: President, NA Stores & Online 483 BAY ST, 7TH FL NORTH TOWER, TORONTOON A1 999999999
Rowland Moriarty director 200 CLARENDON ST T33, BOSTON MA 02116
Raul Vazquez director 500 STAPLES DR., FRAMINGHAM MA 01702
Basil Anderson director

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