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Leonardo DRS's total inventories for the quarter that ended in Dec. 2024 was $358 Mil. Leonardo DRS's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $361 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Leonardo DRS's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-2.49.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Leonardo DRS's Days Inventory for the three months ended in Dec. 2024 was 44.10.
Inventory Turnover measures how fast the company turns over its inventory within a year. Leonardo DRS's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.07.
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. Leonardo DRS's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.37.
The historical data trend for Leonardo DRS'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.
Leonardo DRS Annual Data | ||||||||||||||||
Trend | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||
Total Inventories | Get a 7-Day Free Trial | 247.00 | 205.00 | 319.00 | 329.00 | 358.00 |
Leonardo DRS Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Total Inventories | Get a 7-Day Free Trial |
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329.00 | 342.00 | 367.00 | 363.00 | 358.00 |
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.
Leonardo DRS (NAS:DRS) 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.
Leonardo DRS's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is
Net-Net Working Capital Per Share (Q: Dec. 2024 ) | |||||||
= | (Cash And Cash Equivalents | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (598 | + | 0.75 * 253 | + | 0.5 * 358 | - | 1627 |
- | 0 | - | 0) | / | 265.065 | ||
= | -2.49 |
2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Leonardo DRS's Days Inventory for the three months ended in Dec. 2024 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Dec. 2024 ) | / | Cost of Goods Sold (Q: Dec. 2024 ) | * | Days in Period |
= | 360.5 | / | 746 | * | 365 / 4 | |
= | 44.10 |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
Leonardo DRS's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Dec. 2024 ) | / | Average Total Inventories (Q: Dec. 2024 ) |
= | 746 | / | 360.5 | |
= | 2.07 |
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.
Leonardo DRS's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories (Q: Dec. 2024 ) | / | Revenue (Q: Dec. 2024 ) |
= | 360.5 | / | 981 | |
= | 0.37 |
* 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.
Thank you for viewing the detailed overview of Leonardo DRS's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
William Iii Lynn | director, officer: Chief Executive Officer | C/O LEONARDO DRS, INC., 2345 CRYSTAL DRIVE, SUITE 1000, ARLINGTON VA 22202 |
Pamela Morrow | officer: SVP and Controller | C/O LEONARDO DRS, INC., 2345 CRYSTAL DRIVE, SUITE 2000, ARLINGTON VA 22202 |
Michael Dippold | officer: EVP and CFO | C/O LEONARDO DRS, INC., 2345 CRYSTAL DRIVE, SUITE 1000, ARLINGTON VA 22202 |
Sally Wallace | officer: EVP, Business Operations | C/O LEONARDO DRS, INC., 2345 CRYSTAL DRIVE, SUITE 1000, ARLINGTON VA 22202 |
Mark Dorfman | officer: EVP, GC and Secretary | C/O LEONARDO DRS, INC., 2345 CRYSTAL DRIVE, SUITE 1000, ARLINGTON VA 22202 |
John Baylouny | officer: EVP and COO | C/O OCEAN POWER TECHNOLOGIES, INC., 1590 REED ROAD, PENNINGTON NJ 08534 |
Eric Salzman | director | C/O 8X8 INC., 675 CREEKSIDE WAY, CAMPCALL CA 95008 |
Leonardo S.p.a | 10 percent owner | PIAZZA MONTE GRAPPA 4, ROME L6 00195 |
Brothers Louis R Jr | director | REDWIRE CORPORATION, 8226 PHILIPS HIGHWAY, SUITE 101, JACKSONVILLE FL 32256 |
Gail Baker | director | C/O LEONARDO DRS, INC., 2345 CRYSTAL DRIVE SUITE 1000, ARLINGTON VA 22202 |
David W Carey | director | 10815 RANCHO BERNARDO RD.,, SUITE 310, SAN DIEGO CA 92127 |
Peter Marino | director | 12701 FAIR LAKES CIRCLE, FAIRFAX VA 22033 |
Mary E Gallagher | director | |
Kenneth J Krieg | director | 7111 XAVIER COURT, MCLEAN VA 22101 |
George Casey | director | C/O LEONARDO DRS, INC., 2345 CRYSTAL DRIVE, SUITE 1000, ARLINGTON VA 22202 |
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