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DRS (Leonardo DRS) Total Inventories : $358 Mil (As of Dec. 2024)


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What is Leonardo DRS Total Inventories?

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.


Leonardo DRS Total Inventories Historical Data

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.

* Premium members only.

Leonardo DRS Total Inventories Chart

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 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 329.00 342.00 367.00 363.00 358.00

Leonardo DRS 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.


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.


Leonardo DRS Total Inventories Related Terms

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Leonardo DRS Business Description

Traded in Other Exchanges
Address
2345 Crystal Drive, Suite 1000, Arlington, VA, USA, 22202
Leonardo DRS Inc is a provider of defense products and technologies that are used across land, air, sea, space, and cyber domains. The company is in the design, development, and manufacture of Advanced sensing, network computing, force protection, and electric power and propulsion technologies and solutions. The company has two segments: Advanced Sensing and Computing, which generates the majority of revenue, and the Integrated Mission Systems segment. The Advanced Sensing and Computing segment is engaged in designing, developing, and manufacturing sensing and network computing technology that enables real-time situational awareness required for enhanced operational decision-making and execution by the customers.
Executives
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