GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » WESCO International Inc (NYSE:WCC) » Definitions » Total Inventories

WESCO International (WESCO International) Total Inventories : $3,572 Mil (As of Dec. 2023)


View and export this data going back to 1999. Start your Free Trial

What is WESCO International Total Inventories?

WESCO International's total inventories for the quarter that ended in Dec. 2023 was $3,572 Mil. WESCO International's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $3,557 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. WESCO International's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-97.92.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. WESCO International's Days Inventory for the three months ended in Dec. 2023 was 75.43.

Inventory Turnover measures how fast the company turns over its inventory within a year. WESCO International's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.21.

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


WESCO International Total Inventories Historical Data

The historical data trend for WESCO 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.

* Premium members only.

WESCO International Total Inventories Chart

WESCO International 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 1,011.67 2,163.83 2,666.22 3,498.80 3,572.10

WESCO 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 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 3,498.80 3,729.50 3,584.30 3,541.40 3,572.10

WESCO 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.


WESCO International  (NYSE:WCC) 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 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)
=(524.1+0.75 * 3639.5+0.5 * 3572.1-10029
-0--5.2)/50.8971
=-97.92

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

WESCO 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
=3556.75/4302.6*365 / 4
=75.43

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

WESCO 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 )
=4302.6 / 3556.75
=1.21

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 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 )
=3556.75 / 5473.4
=0.65

* 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.


WESCO International Total Inventories Related Terms

Thank you for viewing the detailed overview of WESCO International's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


WESCO International (WESCO International) Business Description

Traded in Other Exchanges
Address
225 West Station Square Drive, Suite 700, Pittsburgh, PA, USA, 15219
Wesco International is an industrial distributor that has three reportable segments, electrical and electronic solutions, communications and security solutions, and utility and broadband solutions. The company offers more than 1.5 million products to its 140,000 active customers through a distribution network of 800 branches, warehouses, and sales offices, including 43 distribution centers. Wesco generates 74% of its sales in the United States, but it has a global reach, with operations in 50 other countries.
Executives
Hemant Porwal officer: EVP Supply Chain & Operations 225 W. STATION SQUARE DRIVE, PITTSBURGH PA 15219
Glynis Bryan director 5500 WAYZATA BOULEVARD, SUITE 600, GOLDEN VALLEY MN 55416
Easwaran Sundaram director C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Squires Nelson John Iii officer: SVP & COO 225 W. STATION SQUARE, PITTSBURGH PA 15219
James Cameron officer: EVP & GM, Util & Broadband 225 W. STATION SQUARE DRIVE, PITTSBURGH PA 15219
Diane Lazzaris officer: Vice President, Legal Affairs WESCO INTERNATIONAL, INC., 225 WEST STATION SQUARE DRIVE, PITTSBURGH PA 15219
John Engel officer: SR. VICE PRESIDENT & COO 225 W. STATION SQUARE DRIVE, SUITE 700, PITTSBURGH PA 15219
Green Equity Investors Vii, L.p. 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Sundaram Nagarajan director 28601 CLEMENS ROAD, WESTLAKE OH 44145
Anne M Cooney director ONE PARK PLAZA, 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Christine Ann Wolf officer: SVP & CHRO 7480 FLYING CLOUG DRIVE, MINNEAPOLIS MN 55344
Steven A Raymund director C/O TECH DATA CORP, 5350 TECH DATA DRIVE, CLEARWATER FL 33760
Matthew S Kulasa officer: Sr. VP, Corporate Controller 100 E. WISCONSIN AVENUE, SUITE 2780, MILWAUKEE WI 53202
Lynn M Utter director C/O ADOLPH COORS CO, 311 10TH ST NH311 BOX 4030, GOLDEN CO 80401
James Louis Singleton director, 10 percent owner THE CYPRESS GROUP L.L.C., 65 EAST 55TH STREET, 28TH FLOOR, NEW YORK NY 10022