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FedEx (FDX) Total Inventories : $617 Mil (As of Feb. 2025)


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What is FedEx Total Inventories?

FedEx's total inventories for the quarter that ended in Feb. 2025 was $617 Mil. FedEx's average total inventories from the quarter that ended in Nov. 2024 to the quarter that ended in Feb. 2025 was $619 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. FedEx's Net-Net Working Capital per share for the quarter that ended in Feb. 2025 was $-188.73.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. FedEx's Days Inventory for the three months ended in Feb. 2025 was 3.24.

Inventory Turnover measures how fast the company turns over its inventory within a year. FedEx's Inventory Turnover for the quarter that ended in Feb. 2025 was 28.18.

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. FedEx's Inventory-to-Revenue for the quarter that ended in Feb. 2025 was 0.03.


FedEx Total Inventories Historical Data

The historical data trend for FedEx'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.

FedEx Total Inventories Chart

FedEx Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 572.00 587.00 637.00 604.00 614.00

FedEx Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 640.00 614.00 611.00 620.00 617.00

FedEx 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.


FedEx  (NYSE:FDX) 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.

FedEx's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2025 is

Net-Net Working Capital Per Share (Q: Feb. 2025 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5135+0.75 * 10230+0.5 * 617-58335
-0-0)/239.599
=-188.73

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

FedEx'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
=618.5/17429*365 / 4
=3.24

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

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

Inventory Turnover=Cost of Goods Sold (Q: Feb. 2025 ) / Average Total Inventories (Q: Feb. 2025 )
=17429 / 618.5
=28.18

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.

FedEx'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 )
=618.5 / 22160
=0.03

* 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.


FedEx Total Inventories Related Terms

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FedEx Business Description

Address
942 South Shady Grove Road, Memphis, TN, USA, 38120
FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2024, which ended in May, FedEx derived 47% of revenue from its express division, 37% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment. The remainder came from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016, boosting its presence across Europe. TNT was previously the fourth-largest global parcel delivery provider.
Executives
Susan C Schwab director 2101 VAN MUNCHING HALL, COLLEGE PARK MD 20742
Richard W Smith officer: President/CEO FedEx Express 3610 HACKS CROSS ROAD, BUILDING A 3RD FLOOR, MEMPHIS TN 38125
John W Dietrich officer: EVP CHIEF FINANCIAL OFF
Amy B Lane director 1626 EAST JEFFERSON ST, ROCKVILLE MD 20852
Brie Carere officer: EVP/Chief Mkt & Comm Officer 942 S. SHADY GROVE ROAD, MEMPHIS TN 38120
Sriram Krishnasamy officer: EVP - CTO & CEO Dataworks 1715 AARON BRENNER DRIVE, MEMPHIS TN 38120
Marvin R Ellison director 1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Erwin Guy M Ii officer: STAFF VP INT PRIN ACCT OFFICER 942 S SHADY GROVE ROAD, MEMPHIS TN 38120
David P Steiner director 1001 FANNIN ST, STE 4000, HOUSTON TX 77002
Mark R Allen officer: EVP GENL COUNSEL/SECTY 942 SOUTH SHADY GROVE RD, MEMPHIS TN 38120
Robert B Carter officer: EVP CHIEF INFO OFFICER 942 S SHADY GROVE RD, MEMPHIS TN 38120
Paul S Walsh director 8 HENRIETTA PLACE, LONDON X0 94111
Frederick W Smith director, officer: CHAIRMAN OF THE BOARD 942 S SHADY GROVE RD, MEMPHIS TN 38120
Tracy B Brightman officer: EVP - Chief People Officer 942 S SHADY GROVE ROAD, MEMPHIS TN 38120
Rajesh Subramaniam officer: EVP/Chief Mkt & Comm Officer 165 MADISON AVE, MEMPHIS TN 38103