WEBC (Webco Industries) Change In Inventory: $36.3 Mil (TTM As of Jul. 2023)

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WEBC Webco Industries Inc WEBC
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What is Webco Industries Change In Inventory?

Webco Industries WEBC 12 Change In Inventory is $36.3 Mil as of Jul. 2023. GuruFocus rates WEBC with a GF Score™ of 12/100.

Webco Industries's change in inventory for the quarter that ended in Jul. 2023 was $36.3 Mil. It means Webco Industries's inventory declined by $36.3 Mil from Jul. 2018 to Jul. 2023 .

Webco Industries's change in inventory for the fiscal year that ended in Jul. 2023 was $36.3 Mil. It means Webco Industries's inventory declined by $36.3 Mil from Jul. 2018 to Jul. 2023 .

Webco Industries's Total Inventories for the quarter that ended in Jul. 2023 was $208.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Webco Industries's Days Inventory for the quarter that ended in Jul. 2023 was 57.86.

Inventory Turnover measures how fast the company turns over its inventory within a year. Webco Industries's Inventory Turnover for the quarter that ended in Jul. 2023 was 3.15.

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. Webco Industries's Inventory-to-Revenue for the quarter that ended in Jul. 2023 was 0.28.


Webco Industries  (OTCPK:WEBC) Change In Inventory Explanation

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

Webco Industries's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=189.434/597.544*365 / 2
=57.86

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

Webco Industries's Inventory Turnover for the quarter that ended in Jul. 2023 is calculated as

3. 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.

Webco Industries's Inventory to Revenue for the quarter that ended in Jul. 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.


Webco Industries Change In Inventory Related Terms


Webco Industries Change In Inventory Historical Data

* Premium members only.

The historical data trend for Webco Industries's Change In Inventory 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.

Webco Industries Change In Inventory Chart

Webco Industries Annual Data
Trend Jul05 Jul06 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 36.34

Webco Industries Semi-Annual Data
Jul95 Jul96 Jul97 Jul98 Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul06 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul23
Change In Inventory 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 0.00 0.00 0.00 0.00 36.34
WEBC
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Webco Industries Inc WEBC
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Webco Industries Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Jul. 2023 was $36.3 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $36.3 Mil mean?
Webco Industries (WEBC) has a Change In Inventory of $36.3 Mil as of Jul. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Webco Industries and its competitors.
Is Webco Industries' Change In Inventory too high?
Webco Industries' current Change In Inventory is $36.3 Mil. Overall, Webco Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Webco Industries' Change In Inventory compare to ACNT and FRD?
Webco Industries' Change In Inventory of $36.3 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Steel company?
A good Change In Inventory depends on the Steel industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Webco Industries and its competitors. Webco Industries's current Change In Inventory is $36.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Webco Industries stock overvalued right now?
Webco Industries (WEBC) has a current Change In Inventory of $36.3 Mil. The current Change In Inventory is $36.3 Mil. Webco Industries' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Webco Industries (WEBC), the current Change In Inventory is $36.3 Mil as of Jul. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Webco Industries Business Description

Address 9101 West 21st Street, P.O. Box 100, Sand Springs, OK, USA, 74063
Webco Industries Inc is a specialty manufacturer and seller of high-quality carbon and stainless steel tubing products that are designed to industry and customer specifications. The company's products includes Welded tubing; Cold drawn- Welded and Cold drawn- Seamless. Its value-added services include bending, custom mill length, end formed/swaged, finning, heat treating, packaging, precision cutting, product availability and responsiveness.
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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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