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Wacker Neuson SE (WBO:WAC) Total Inventories : €780 Mil (As of Mar. 2024)


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What is Wacker Neuson SE Total Inventories?

Wacker Neuson SE's total inventories for the quarter that ended in Mar. 2024 was €780 Mil. Wacker Neuson SE's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was €777 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Wacker Neuson SE's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-6.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wacker Neuson SE's Days Inventory for the three months ended in Mar. 2024 was 156.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wacker Neuson SE's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.58.

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. Wacker Neuson SE's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.31.


Wacker Neuson SE Total Inventories Historical Data

The historical data trend for Wacker Neuson SE'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.

Wacker Neuson SE Total Inventories Chart

Wacker Neuson SE 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 602.50 412.20 490.20 678.90 774.50

Wacker Neuson SE Quarterly Data
Jun19 Sep19 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 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 742.40 783.10 818.60 774.50 780.20

Wacker Neuson SE 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.


Wacker Neuson SE  (WBO:WAC) 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.

Wacker Neuson SE'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)
=(67.9+0.75 * 386.5+0.5 * 780.2-1168.5
-0-0)/68.0153
=-6.18

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

Wacker Neuson SE'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
=777.35/454.3*365 / 4
=156.14

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

Wacker Neuson SE'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 )
=454.3 / 777.35
=0.58

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.

Wacker Neuson SE'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 )
=777.35 / 593.1
=1.31

* 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.


Wacker Neuson SE Total Inventories Related Terms

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Wacker Neuson SE (WBO:WAC) Business Description

Traded in Other Exchanges
Address
Preussenstrasse 41, Munich, DEU, 80809
Wacker Neuson SE manufactures light and heavy equipment for construction, landscaping, agriculture, recycling, energy, and rail industries. Excavators, dumpers, loaders, concrete technology, generators, and saws make up just a portion of the company's product portfolio. Besides, the company offers attachments and accessories for products to help deliver optimal solutions. Wacker Neuson has three business segments: Compact Equipment (approximately half of the total revenue), Light Equipment, and Services. The company offers a range of services, spare parts, and rental equipment through sales and service stations strategically placed around the world. Europe generates the majority of total revenue, but the company also sells to customers in the Americas and Asia-Pacific.

Wacker Neuson SE (WBO:WAC) Headlines

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