Wizz Air Holdings (Wizz Air Holdings) Total Inventories : $0 Mil (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Wizz Air Holdings Total Inventories?

Wizz Air Holdings's total inventories for the quarter that ended in Dec. 2023 was $0 Mil. Wizz Air Holdings's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Dec. 2023 was $158 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Wizz Air Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $N/A.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wizz Air Holdings's Days Inventory for the three months ended in Dec. 2023 was 11.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wizz Air Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 8.30.

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. Wizz Air Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.14.

Wizz Air Holdings Total Inventories Historical Data

The historical data trend for Wizz Air 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.

* Premium members only.

Wizz Air Holdings Total Inventories Chart

Wizz Air Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Inventories

Get a 7-Day Free Trial

35.82

78.01

63.93

78.08

316.49

Wizz Air Holdings Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Dec23
Total Inventories	Get a 7-Day Free Trial															-	127.43	-	316.49	-

Wizz Air 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.

Wizz Air Holdings (OTCPK:WZZAF) 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.

Wizz Air Holdings'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)
=	(0	+	0.75 * 0	+	0.5 * 0	-	N/A
-	0	-	0)	/	103.342
=	N/A

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

Wizz Air Holdings'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
	=	158.244	/	1312.65	*	365 / 4
	=	11.00

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

Wizz Air Holdings'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 )
	=	1312.65	/	158.244
	=	8.30

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.

Wizz Air Holdings'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 )
	=	158.244	/	1161.178
	=	0.14

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.

Wizz Air Holdings Total Inventories Related Terms

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

Wizz Air Holdings (Wizz Air Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Wizz Air Holdings PLC (OTCPK:WZZAF) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

WZZZY:USA WIZZAIR:Hungary WIZZl:UK WIZZ:UK WI2:Germany

Address

44 The Esplanade, Saint Helier, JEY, JE4 9WG

Website

https://www.wizzair.com

Wizz Air Holdings PLC is one of the fastest-growing airlines in Europe focusing on the Central and Eastern European region. The company employs a low-cost no-frills model to offer low fares to leisure customers on short-haul routes. Geographically, it derives a majority of its revenue from EU regions.