GXO Logistics (GXO Logistics) Total Inventories : $0 Mil (As of Mar. 2024)

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What is GXO Logistics Total Inventories?

GXO Logistics's total inventories for the quarter that ended in Mar. 2024 was $0 Mil. GXO Logistics's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. GXO Logistics's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-40.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GXO Logistics's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

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. GXO Logistics's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

GXO Logistics Total Inventories Historical Data

The historical data trend for GXO Logistics'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.

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GXO Logistics Total Inventories Chart

GXO Logistics Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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GXO Logistics Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial														-	-	-	-	-

GXO Logistics 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.

GXO Logistics (NYSE:GXO) 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.

GXO Logistics's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(423	+	0.75 * 1665	+	0.5 * 0	-	6477
-	0	-	34)	/	119.368
=	-40.54

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

GXO Logistics's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0	/	2148	*	365 / 4
	=	0.00

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

GXO Logistics's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	2148	/	0
	=	N/A

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.

GXO Logistics's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0	/	2456
	=	0.00

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.

GXO Logistics Total Inventories Related Terms

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GXO Logistics (GXO Logistics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » GXO Logistics Inc (NYSE:GXO) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

GXO:Mexico 93N:Germany

Address

Two American Lane, Greenwich, CT, USA, 06831

Website

https://www.gxo.com

GXO Logistics Inc is a contract logistics company. Its revenue is diversified across numerous verticals and customers, including many multinational corporations. It provides warehousing and distribution, order fulfillment, e-commerce, and reverse logistics, and other supply chain services differentiated by its ability to deliver technology-enabled, customized solutions at scale. Geographically, it derives a majority of revenue from the United Kingdom.

Executives

Gena L Ashe	director	C/O GXO LOGISTICS, INC., TWO AMERICAN LANE, GREENWICH CT 06831
Matthew J. Fassler	director	TWO AMERICAN LANE, GREENWICH CT 06831
Malcolm Wilson	director, officer: Chief Executive Officer	TWO AMERICAN LANE, GREENWICH CT 06831
S Jacobs Bradley	director	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Jacobs Private Equity, Llc	director, 10 percent owner	350 ROUND HILL ROAD, GREENWICH CT 06831
Karlis Kirsis	officer: Chief Legal Officer	TWO AMERICAN LANE, GREENWICH CT 06831
Elizabeth Fogarty	officer: Chief Communications Officer	TWO AMERICAN LANE, GREENWICH CT 06831
Jason D Papastavrou	director	C/O GXO LOGISTICS, INC., TWO AMERICAN LANE, GREENWICH CT 06831
Oren Shaffer	director	C/O GXO LOGISTICS, INC., TWO AMERICAN LANE, GREENWICH CT 06831
Marlene M Colucci	director	C/O GXO LOGISTICS, INC., TWO AMERICAN LANE, GREENWICH CT 06831
Maryclaire Hammond	officer: Chief Human Resources Officer	TWO AMERICAN LANE, GREENWICH CT 06831
Joli L. Gross	director	TWO AMERICAN LANE, GREENWICH CT 06831
Paul Blanchett	officer: Chief Accounting Officer	TWO AMERICAN LANE, GREENWICH CT 06831
Clare Chatfield	director	TWO AMERICAN LANE, GREENWICH CT 06831
Xpo Logistics, Inc.	10 percent owner	FIVE AMERICAN LANE, GREENWICH CT 06831