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INVENTORIES
3 Months Ended
Jun. 30, 2020
Inventory Disclosure [Abstract]  
INVENTORIES

(G) INVENTORIES

Inventories are stated at the lower of average cost (including applicable material, labor, depreciation, and plant overhead) or net realizable value. Raw Materials and Materials-in-Progress include clinker, which is an intermediary product before it is ground into cement powder. Quantities of Raw Materials and Materials-in-Progress, Aggregates and coal inventories, are based on measured volumes, subject to estimation based on the size and location of the inventory piles, and converted to tonnage using standard inventory density factors. Inventories consist of the following:

 

 

 

June 30,

 

 

March 31,

 

 

 

2020

 

 

2020

 

 

 

(dollars in thousands)

 

Raw Materials and Materials-in-Progress

 

$

96,084

 

 

$

110,558

 

Finished Cement

 

 

33,590

 

 

 

43,538

 

Aggregates

 

 

3,562

 

 

 

8,416

 

Gypsum Wallboard

 

 

4,088

 

 

 

4,211

 

Paperboard

 

 

5,424

 

 

 

5,715

 

Frac Sand

 

 

467

 

 

 

386

 

Repair Parts and Supplies

 

 

87,791

 

 

 

88,095

 

Fuel and Coal

 

 

12,119

 

 

 

11,589

 

 

 

$

243,125

 

 

$

272,508