Stock Analysis on Net

Generac Holdings Inc. (NYSE:GNRC)

$22.49

This company has been moved to the archive! The financial data has not been updated since August 8, 2022.

Analysis of Inventory

Microsoft Excel

Inventory Disclosure

Generac Holdings Inc., balance sheet: inventory

US$ in thousands

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Raw material
Work-in-process
Finished goods
Inventories

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).


The financial data reveals distinct trends in the composition and magnitude of inventories over the five-year period ending December 31, 2021.

Raw Material
The value of raw materials demonstrates a steady and marked increase throughout the period. Starting at $242,239 thousand in 2017, it rises to $348,980 thousand in 2018, then experiences a slight decline to $328,021 thousand in 2019. From 2019 onwards, there is a notable upward trajectory, especially between 2020 and 2021, where the raw material inventory more than doubles from $375,516 thousand to $727,162 thousand. This suggests a significant buildup of raw material stocks by the end of 2021.
Work-in-Process
Work-in-process inventory values fluctuate over the period but generally maintain a lower magnitude compared to raw materials and finished goods. The amount rises from $2,544 thousand in 2017 to a peak of $10,387 thousand in 2019, dips to $6,833 thousand in 2020, and then increases again to $10,756 thousand in 2021. This variation indicates some inconsistency in the production processing stages but a general increase in unfinished products towards 2021.
Finished Goods
Finished goods inventory steadily increases from $135,558 thousand in 2017 to $220,968 thousand in 2020, with a more pronounced increase to $351,787 thousand in 2021. The increase is relatively consistent, indicating an accumulation of completed products available for sale at year-end, with a notable boost in the last year under review.
Inventories (Total)
Total inventories show a strong expansion from $380,341 thousand in 2017 to $1,089,705 thousand in 2021. This more than doubling over the five years is driven primarily by substantial increases in raw materials and finished goods inventories. The data suggests the company has significantly expanded its inventory holdings, possibly to support higher production levels or to anticipate increased demand.