Huntington Ingalls Industries's total inventories for the quarter that ended in Dec. 2023 was $186 Mil. Huntington Ingalls Industries's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $190 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Huntington Ingalls Industries's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-157.84.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Huntington Ingalls Industries's Days Inventory for the
three
months ended in Dec. 2023 was 6.45.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Huntington Ingalls Industries's Inventory Turnover for the quarter that ended in Dec. 2023 was 14.14.
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.
Huntington Ingalls Industries's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.06.
Huntington Ingalls Industries Total Inventories Historical Data
The historical data trend for Huntington Ingalls Industries'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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Huntington Ingalls Industries Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Total Inventories
136.00
137.00
161.00
183.00
186.00
Huntington Ingalls Industries Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Total Inventories
183.00
190.00
190.00
194.00
186.00
Huntington Ingalls Industries 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.
Huntington Ingalls Industries (NYSE:HII) 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.
Huntington Ingalls Industries's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is
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.
Huntington Ingalls Industries's Inventory to Revenue for the quarter that ended in Dec. 2023 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.
Huntington Ingalls Industries Total Inventories Related Terms
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Huntington Ingalls Industries (Huntington Ingalls Industries) Business Description
Huntington Ingalls Industries is the largest independent military shipbuilder in the U.S., spun off of Northrop Grumman in 2011. It operates three segments, two of which are historied shipyards: Ingalls produces non-nuclear-powered ships including amphibious landing ships and Arleigh Burke-class destroyers while Newport News produces nuclear-powered ships as the only producer of Gerald Ford-class aircraft carriers and a major subcontractor on Virginia and Columbia-class nuclear submarines. Huntington Ingalls shares production of destroyers and nuclear submarines with General Dynamics' Bath Iron Works and Electric Boat shipyards, respectively. The company's Mission Technologies segment produces uncrewed sea vessels and provides a range of IT and other services to U.S. government agencies.
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