My parents never felt that I was college 'material'. [=that I was someone who should go to college]
Her boss regards her as executive 'material'. [=as someone who would make a good executive]
The comedian gets his 'material' from things that have happened to him.
(..) -They told me. Well, let me go get the paperwork. You just wait here at the table. -You do that. -Thank you. -Very nice material . -It's imported silk, Saul . It's very nice. Gentlemen, would you excuse us for a second? Thanks. Saul, you sure you're ready (..)2001 Ocean's Eleven