Wesco Aircraft Holdings (Wesco Aircraft Holdings) Total Inventories : $861 Mil (As of Sep. 2019)

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What is Wesco Aircraft Holdings Total Inventories?

Wesco Aircraft Holdings's total inventories for the quarter that ended in Sep. 2019 was $861 Mil. Wesco Aircraft Holdings's average total inventories from the quarter that ended in Jun. 2019 to the quarter that ended in Sep. 2019 was $870 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Wesco Aircraft Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2019 was $-3.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wesco Aircraft Holdings's Days Inventory for the three months ended in Sep. 2019 was 232.12.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wesco Aircraft Holdings's Inventory Turnover for the quarter that ended in Sep. 2019 was 0.39.

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. Wesco Aircraft Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2019 was 2.01.

Wesco Aircraft Holdings Total Inventories Historical Data

The historical data trend for Wesco Aircraft Holdings'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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Wesco Aircraft Holdings Total Inventories Chart

Wesco Aircraft Holdings Annual Data

Trend

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Total Inventories

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701.54

713.47

827.87

884.21

861.19

Wesco Aircraft Holdings Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Total Inventories	Get a 7-Day Free Trial															884.21	912.68	890.05	879.57	861.19

Wesco Aircraft Holdings 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.

Wesco Aircraft Holdings (NYSE:WAIR) 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.

Wesco Aircraft Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2019 is

	Net-Net Working Capital Per Share (Q: Sep. 2019 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(38.034	+	0.75 * 327.885	+	0.5 * 861.186	-	1081.458
-	0	-	0)	/	100.031
=	-3.67

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

Wesco Aircraft Holdings's Days Inventory for the three months ended in Sep. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2019 )	/	Cost of Goods Sold (Q: Sep. 2019 )	*	Days in Period
	=	870.3755	/	342.157	*	365 / 4
	=	232.12

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

Wesco Aircraft Holdings's Inventory Turnover for the quarter that ended in Sep. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2019 )	/	Average Total Inventories (Q: Sep. 2019 )
	=	342.157	/	870.3755
	=	0.39

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.

Wesco Aircraft Holdings's Inventory to Revenue for the quarter that ended in Sep. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2019 )	/	Revenue (Q: Sep. 2019 )
	=	870.3755	/	432.291
	=	2.01

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.

Wesco Aircraft Holdings Total Inventories Related Terms

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Wesco Aircraft Holdings (Wesco Aircraft Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Wesco Aircraft Holdings Inc (NYSE:WAIR) » Definitions » Total Inventories

Traded in Other Exchanges

N/A

Address

24911 Avenue Stanford, Valencia, CA, USA, 91355

Website

https://www.wescoair.com

Wesco Aircraft Holdings Inc is a distributor of supply-management services to the aerospace industry. The services include: distribution, management of supplier relationships, quality assurance, kitting, just-in-time delivery, and point-of-use inventory management. The company serves commercial aerospace, energy, general aviation, pharmaceuticals, airlines, and maintenance and repair companies, and the defense sector. The majority of its revenue stream is based on long-term contracts. The largest customer by revenue can be categorised as original equipment manufacturers and contractors. Geographically, North America makes up the lion's share of Wesco Aircraft's generated sales.

Executives

Tc Group, Llc	10 percent owner	C/O CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE NW SUITE 220 S, WASHINGTON DC 20004
Jennifer Pollino	director	C/O GOODRICH CORPORATION, 2730 W. TYVOLA ROAD, CHARLOTTE NC 28217
Jay L Haberland	director	260 BACK SHORE RD., ROUND POND ME 04564
Carlyle Holdings I L.p.	10 percent owner	C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Carlyle Holdings I Gp Sub L.l.c.	10 percent owner	C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Carlyle Holdings I Gp Inc.	10 percent owner	C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Cg Subsidiary Holdings L.l.c.	10 percent owner	C/O THE CARLYLE GROUP, SUITE 220 SOUTH, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Scott Ernest Kuechle	director	C/O GOODRICH CORPORATION, 2730 WEST TYVOLA ROAD, CHARLOTTE NC 28217
Paul E Fulchino	director
Kerry A Shiba	officer: Executive Vice President & CFO	5847 SAN FELIPE SUITE 2500, HOUSTON TX 77057
Robert D Paulson	director	AEROSTAR CAPITAL LLC, 590 SANDHILL CRANE RD., #1270, WILSON WY 83014-1270
Carlyle Group Management L.l.c.	10 percent owner	C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Carlyle Group Inc.	10 percent owner	C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Tc Group Iv Managing Gp, L.l.c.	10 percent owner	1001 PENNSYLVANIA AVENUE, N.W., SUITE 200 SOUTH, ATTN: DONNA ARRINGTON, WASHINGTON DC 20004
Platinum Equity Investment Holdings, Llc	10 percent owner	C/O PLATINUM EQUITY, 360 NORTH CRESCENT DRIVE, BEVERLY HILLS CA 90210