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Vestas Wind Systems A/S (Vestas Wind Systems A/S) Total Inventories : $7,121 Mil (As of Dec. 2023)


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What is Vestas Wind Systems A/S Total Inventories?

Vestas Wind Systems A/S's total inventories for the quarter that ended in Dec. 2023 was $7,121 Mil. Vestas Wind Systems A/S's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $7,300 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Vestas Wind Systems A/S's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-4.31.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vestas Wind Systems A/S's Days Inventory for the three months ended in Dec. 2023 was 143.79.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vestas Wind Systems A/S's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.63.

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. Vestas Wind Systems A/S's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.40.


Vestas Wind Systems A/S Total Inventories Historical Data

The historical data trend for Vestas Wind Systems A/S'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.

Vestas Wind Systems A/S Total Inventories Chart

Vestas Wind Systems A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,553.33 6,434.31 6,410.17 6,751.06 7,121.05

Vestas Wind Systems A/S 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 6,751.06 7,398.29 7,703.14 7,478.12 7,121.05

Vestas Wind Systems A/S 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.


Vestas Wind Systems A/S  (OTCPK:VWDRY) 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.

Vestas Wind Systems A/S'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)
=(3588.877+0.75 * 1423.119+0.5 * 7121.047-21234.46
-0-16.358)/3022.44
=-4.31

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

Vestas Wind Systems A/S'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
=7299.5845/4632.497*365 / 4
=143.79

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

Vestas Wind Systems A/S'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 )
=4632.497 / 7299.5845
=0.63

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.

Vestas Wind Systems A/S'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 )
=7299.5845 / 5202.835
=1.40

* 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.


Vestas Wind Systems A/S Total Inventories Related Terms

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Vestas Wind Systems A/S (Vestas Wind Systems A/S) Business Description

Address
Hedeager 42, Aarhus, DNK, 8200
Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.

Vestas Wind Systems A/S (Vestas Wind Systems A/S) Headlines