Honeywell International (Honeywell International) Total Inventories

: $6,178 Mil (As of Dec. 2023)

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Honeywell International's total inventories for the quarter that ended in Dec. 2023 was $6,178 Mil. Honeywell International's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $6,089 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Honeywell International's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-44.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Honeywell International's Days Inventory for the three months ended in Dec. 2023 was 89.60.

Inventory Turnover measures how fast the company turns over its inventory within a year. Honeywell International's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.02.

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. Honeywell International's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.65.

Honeywell International Total Inventories Historical Data

The historical data trend for Honeywell International'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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Honeywell International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

4,421.00

4,489.00

5,138.00

5,538.00

6,178.00

Honeywell International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories																5,538.00	5,776.00	5,890.00	6,000.00	6,178.00

Honeywell International 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.

Honeywell International (NAS:HON) 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.

Honeywell International'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)
=	(8095	+	0.75 * 7530	+	0.5 * 6178	-	45084
-	0	-	585)	/	651.8
=	-44.24

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

Honeywell International'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
	=	6089	/	6201	*	365 / 4
	=	89.60

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

Honeywell International'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 )
	=	6201	/	6089
	=	1.02

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.

Honeywell International'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 )
	=	6089	/	9440
	=	0.65

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.

Honeywell International Total Inventories Related Terms

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Honeywell International (Honeywell International) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

HON:Mexico 1HON:Italy ALD:Germany ALD:Germany ALD:Germany ALD:Germany HON:Chile HON:Canada HONB34:Brazil HON:Austria HON:Argentina

Address

855 South Mint Street, Charlotte, NC, USA, 28202

Website

https://www.honeywell.com

Honeywell traces its roots to 1885 with Albert Butz's firm, Butz-Thermo Electric Regulator, which produced a predecessor to the modern thermostat. Today, Honeywell is a global multi-industry behemoth with one of the largest installed bases of equipment. It operates through four business segments: aerospace, building technologies, performance materials and technologies, and safety and productivity solutions. In recent years, the firm has made several portfolio changes, including the addition of Intelligrated in 2016, as well as the spinoffs of Garrett Technologies and Resideo in 2018. In 2019, the firm launched Honeywell Forge, its enterprise performance management software solution that leverages the firm's domain expertise in buildings, airlines, and critical infrastructure.

Executives

Darius Adamczyk	officer: President and CEO, PMT	855 S. MINT STREET, CHARLOTTE NC 28202
James E Currier	officer: President & CEO, Aerospace	855 S. MINT STREET, CHARLOTTE NC 28202
Vimal Kapur	officer: President & CEO, HBT	C/O HONEYWELL 300 S. TRYON STREET, CHARLOTTE NC 07950
Billal Hammoud	officer: President & CEO, HBT	855 S. MINT STREET, CHARLOTTE NC 28202
George Koutsaftes	officer: President and CEO, SPS	855 S. MINT STREET, CHARLOTTE NC 28202
Karen Mattimore	officer: SrVP, HR and Communications	300 SOUTH TRYON STR, CHARLOTTE NC 28202
Lucian Boldea	officer: President and CEO, PMT	855 S. MINT STREET, CHARLOTTE NC 28202
Robin Watson	director	855 S. MINT STREET, CHARLOTTE NC 28202
Gregory P Lewis	officer: SVP & Chief Financial Officer	C/O HONEYWELL INTERNATIONAL INC., 300 SOUTH TRYON STREET, CHARLOTTE NC 28202
Kevin Dehoff	officer: President and CEO, HCE	855 S. MINT STREET, CHARLOTTE NC 28202
Rose Lee	director	C/O CROWN HOLDINGS, INC., 770 TOWNSHIP LINE ROAD, YARDLEY PA 19067
Que Dallara	officer: Pres/CEO -Connected Enterprise	C/O HONEYWELL 300 S. TRYON STREET, CHARLOTTE NC 28202
Doug Wright	officer: President & CEO, HBT	855 S. MINT STREET, CHARLOTTE NC 28202
D Scott Davis	director	115 TABOR ROAD, MORRIS PLAINS NJ 07950
Rajeev Gautam	officer: Pres. and CEO, PMT	C/O HONEYWELL, 300 S. TRYON STREET, CHARLOTTE NC 28202