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WOR (Worthington Enterprises) Inventory Turnover : 1.25 (As of Feb. 2025)


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What is Worthington Enterprises Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Worthington Enterprises's Cost of Goods Sold for the three months ended in Feb. 2025 was $215 Mil. Worthington Enterprises's Average Total Inventories for the quarter that ended in Feb. 2025 was $172 Mil. Worthington Enterprises's Inventory Turnover for the quarter that ended in Feb. 2025 was 1.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Worthington Enterprises's Days Inventory for the three months ended in Feb. 2025 was 73.08.

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. Worthington Enterprises's Inventory-to-Revenue for the quarter that ended in Feb. 2025 was 0.57.


Worthington Enterprises Inventory Turnover Historical Data

The historical data trend for Worthington Enterprises's Inventory Turnover 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.

Worthington Enterprises Inventory Turnover Chart

Worthington Enterprises Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.88 5.22 1.48 2.30 5.35

Worthington Enterprises Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
Inventory Turnover 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 0.63 1.35 1.11 1.09 1.25

Worthington Enterprises Inventory Turnover Calculation

Worthington Enterprises's Inventory Turnover for the fiscal year that ended in May. 2024 is calculated as

Inventory Turnover (A: May. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: May. 2024 ) / ((Total Inventories (A: May. 2023 ) + Total Inventories (A: May. 2024 )) / count )
=960.684 / ((194.499 + 164.615) / 2 )
=960.684 / 179.557
=5.35

Worthington Enterprises's Inventory Turnover for the quarter that ended in Feb. 2025 is calculated as

Inventory Turnover (Q: Feb. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Feb. 2025 ) / ((Total Inventories (Q: Nov. 2024 ) + Total Inventories (Q: Feb. 2025 )) / count )
=215.277 / ((179.463 + 165.335) / 2 )
=215.277 / 172.399
=1.25

* 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.


Worthington Enterprises  (NYSE:WOR) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Worthington Enterprises's Days Inventory for the three months ended in Feb. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Feb. 2025 )/Cost of Goods Sold (Q: Feb. 2025 )*Days in Period
=172.399/215.277*365 / 4
=73.08

2. 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.

Worthington Enterprises's Inventory to Revenue for the quarter that ended in Feb. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2025 ) / Revenue (Q: Feb. 2025 )
=172.399 / 304.524
=0.57

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Worthington Enterprises Inventory Turnover Related Terms

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Worthington Enterprises Business Description

Traded in Other Exchanges
Address
200 Old Wilson Bridge Road, Columbus, OH, USA, 43085
Worthington Enterprises Inc is a designer and manufacturer of products sold to consumers, through retail channels, in the tools, outdoor living and celebrations market categories as well as a wide array of specialized building products that serve customers in the residential and non-residential construction markets, including ceiling suspension systems and light gauge metal framing products, as well as wholly-owned and consolidated operations that produce pressurized containment solutions for heating, cooking and cooling applications, among others. It operates under two reportable operating segments: Consumer Products and Building Products. It derives majority of the revenue from Building Products segment.
Executives
Joseph B Hayek officer: VP Mergers & Acquisitions 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Horton Ozey K Jr director 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
B Andrew Rose officer: CFO 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Michael J Endres director 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Kerrii B Anderson director WENDY'S INTERNATIONAL, INC, 4288 WEST DUBLIN-GRANVILLE RD., DUBLIN OH 43017
Geoffrey G Gilmore officer: President, Worthington Steel 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Eric M Smolenski officer: VP-HUMAN RESOURCES 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Catherine M Lyttle officer: Vice President-Communications 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Jeffrey R Klingler officer: President, Worthington Steel 200 OLD WILSON BRIDGE RD, COLUMBUS OH 43085
Mcconnell John P/oh director, officer: Chairman/Chief Exec Officer 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Mcconnell John H Ii director 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Patrick J. Kennedy officer: VP-General Counsel & Secy 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
David P Blom director 200 OLD WILSON BRIDGE RD, COLUMBUS OH 43085
Sidney A Ribeau director
Steven R Witt officer: Controller WORTHINGTON INDUSTRIES, INC, 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085