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Whole Earth Brands (Whole Earth Brands) Total Inventories : $209.3 Mil (As of Dec. 2023)


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What is Whole Earth Brands Total Inventories?

Whole Earth Brands's total inventories for the quarter that ended in Dec. 2023 was $209.3 Mil. Whole Earth Brands's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $213.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Whole Earth Brands's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-8.95.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Whole Earth Brands's Days Inventory for the three months ended in Dec. 2023 was 175.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Whole Earth Brands's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.52.

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. Whole Earth Brands's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.41.


Whole Earth Brands Total Inventories Historical Data

The historical data trend for Whole Earth Brands's Total Inventories can be seen below:

* 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.

* Premium members only.

Whole Earth Brands Total Inventories Chart

Whole Earth Brands Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial 121.13 111.70 212.93 218.98 209.27

Whole Earth Brands Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 218.98 218.40 217.05 216.80 209.27

Whole Earth Brands 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.


Whole Earth Brands  (NAS:FREE) 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.

Whole Earth Brands's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(30.513+0.75 * 74.012+0.5 * 209.271-574.007
-0-0)/42.8535
=-8.95

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

Whole Earth Brands's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=213.037/110.736*365 / 4
=175.55

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

Whole Earth Brands's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=110.736 / 213.037
=0.52

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.

Whole Earth Brands's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=213.037 / 151.164
=1.41

* 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.


Whole Earth Brands Total Inventories Related Terms

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Whole Earth Brands (Whole Earth Brands) Business Description

Traded in Other Exchanges
Address
125 South Wacker Drive, Suite 3150, Chicago, IL, USA, 60606
Whole Earth Brands Inc is a food company enabling healthier lifestyles and providing access to high-quality, plant-based sweeteners, flavor enhancers and other foods through diverse portfolio of trusted brands and delicious products. The company operates in two segments namely, Branded CPG and Flavors & Ingredients. Its portfolio consists of three main product groups: sweeteners, adjacencies and ingredients.
Executives
Rajnish Ohri officer: Interim Co-CEO 125 S. WACKER DRIVE, SUITE 1250, CHICAGO IL 60606
Sababa Holdings Free Llc 10 percent owner C/O MARIPOSA CAPITAL, 500 SOUTH POINTE DRIVE STE 240, MIAMI BEACH FL 33139
Michael F Goss director BAIN CAPITAL PARTNERS LLC, JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116
Bernardo Fiaux officer: Chief Financial Officer 125 S. WACKER DRIVE, SUITE 1250, CHICAGO IL 60606
Michael E. Franklin director 125 S. WACKER DRIVE, SUITE 1250, CHICAGO IL 60606
Trisha L Fox officer: Chief Human Resources Officer 125 S. WACKER DRIVE, SUITE 3150, CHICAGO IL 60606
Martin E Franklin 10 percent owner C/O MARIPOSA CAPITAL, LLC, 5200 BLUE LAGOON DRIVE, SUITE 855, MIAMI FL 33126
Duane A Portwood officer: Chief Financial Officer 836 BARN OWL ROAD, MARIETTA GA 30068
Jeffrey S. Robinson officer: President, Mafco Worldwide LLC 125 S. WACKER DRIVE, SUITE 3150, CHICAGO IL 60606
Brian Litman officer: Chief Accounting Officer 125 S. WACKER DRIVE, SUITE 3150, CHICAGO IL 60606
John M. Mcmillin director 1345 AVENUE OF THE AMERICAS 11TH FLOOR, NEW NY 10105
Irwin D Simon director C/O THE HAIN CELESTIAL GROUP INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
Ira J Lamel director C/O THE HAIN CELESTIAL GROUP, INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
Anuraag Agarwal director 1345 AVENUE OF THE AMERICAS 11TH FL, NEW YORK NY 10105
Denise M Faltischek director C/O THE HAIN CELESTIAL GROUP, INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042