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Inventories
3 Months Ended
Mar. 31, 2012
Inventories
7. INVENTORIES

The following table summarizes our inventories:

 

     March 31,      December 31,  
   2012
(Restated,
see Note 2)
     2011  

Raw materials and supplies

   $ 22,926       $ 22,237   

In-process inventories

     8,046         2,655   

Finished goods and goods for resale

     89,813         92,798   
  

 

 

    

 

 

 

Total

   $ 120,785       $ 117,690   
  

 

 

    

 

 

 

Because of the nature of the products supplied by the Company, great attention is paid to inventory rotation. The number of days in inventory increased from at approximately 81 days as of December 31, 2011 to approximately 121 days as of March 31, 2012. As a comparison, the number of days in inventory as of March 31, 2011 amounted to 154 days with total balance of $147.0 million.