Westfield Trust (ASX:WFT) Total Inventories: A$0.00 Mil (As of Dec. 2003)


What is Westfield Trust Total Inventories?

Westfield Trust ASX:WFT Total Inventories is A$0.00 Mil as of Dec. 2003.

Westfield Trust's total inventories for the quarter that ended in Dec. 2003 was A$0.00 Mil. Westfield Trust's average total inventories from the quarter that ended in Dec. 2002 to the quarter that ended in Dec. 2003 was A$0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Westfield Trust's Net-Net Working Capital per share for the quarter that ended in Dec. 2003 was A$-2.52.

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

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

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. Westfield Trust's Inventory-to-Revenue for the quarter that ended in Dec. 2003 was 0.00.

Westfield Trust  (ASX:WFT) 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.

Westfield Trust's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2003 is

Net-Net Working Capital Per Share (Q: Dec. 2003 )
=(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 * 0-5313
-0-91.7)/2145.125
=-2.52

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

Westfield Trust's Days Inventory for the six months ended in Dec. 2003 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2003 )/Cost of Goods Sold (Q: Dec. 2003 )*Days in Period
=0/0*365 / 2
=

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

Westfield Trust's Inventory Turnover for the quarter that ended in Dec. 2003 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2003 ) / Average Total Inventories (Q: Dec. 2003 )
=0 / 0
=N/A

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.

Westfield Trust's Inventory to Revenue for the quarter that ended in Dec. 2003 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2003 ) / Revenue (Q: Dec. 2003 )
=0 / 1915.301
=0.00

* 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.

Westfield Trust Total Inventories Related Terms

Westfield Trust Total Inventories Historical Data

* Premium members only.

The historical data trend for Westfield Trust'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.

Westfield Trust Total Inventories Chart

Westfield Trust Annual Data
Trend Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02
Total Inventories
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Westfield Trust Semi-Annual Data
Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Total Inventories Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Westfield Trust 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of A$0.00 Mil mean?
Westfield Trust (ASX:WFT) has a Total Inventories of A$0.00 Mil as of Dec. 2003. The total amount of inventory as recorded on a company's balance sheet. View historical data for Westfield Trust and its competitors.
Is Westfield Trust's Total Inventories too high?
Westfield Trust's current Total Inventories is A$0.00 Mil.
How does Westfield Trust's Total Inventories compare to competitors?
Westfield Trust's Total Inventories of A$0.00 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Real Estate company?
A good Total Inventories depends on the Real Estate industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Westfield Trust and its competitors. Westfield Trust's current Total Inventories is A$0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westfield Trust stock overvalued right now?
Westfield Trust (ASX:WFT) has a current Total Inventories of A$0.00 Mil. The current Total Inventories is A$0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Westfield Trust (ASX:WFT), the current Total Inventories is A$0.00 Mil as of Dec. 2003. 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.

Westfield Trust Business Description

Westfield Trust (WFT) comprises interests in 50 shopping centres in Australia and New Zealand, with 3.1m sqm2 of gross lettable area servicing more than 9,400 retailers who generate in excess of $13.9 billion of retail sales.