FedEx (FDX) Total Inventories : $640 Mil (As of Feb. 2024)

FedEx Total Inventories Chart

FedEx Annual Data
	Trend	May14	May15	May16	May17	May18	May19	May20	May21	May22	May23
Total Inventories		Get a 7-Day Free Trial					553.00	572.00	587.00	637.00	604.00

FedEx Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Total Inventories	Get a 7-Day Free Trial															631.00	604.00	631.00	632.00	640.00

FedEx 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.

FedEx  (NYSE:FDX) 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.

FedEx's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2024 is

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

FedEx's Days Inventory for the three months ended in Feb. 2024 is calculated as:

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

FedEx's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

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.

FedEx's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

* 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.

FedEx Total Inventories Related Terms

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FedEx (FDX) Business Description