GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Levi Strauss & Co (FRA:LV2B) » Definitions » Total Inventories

Levi Strauss (FRA:LV2B) Total Inventories : €1,157 Mil (As of Aug. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Levi Strauss Total Inventories?

Levi Strauss's total inventories for the quarter that ended in Aug. 2024 was €1,157 Mil. Levi Strauss's average total inventories from the quarter that ended in May. 2024 to the quarter that ended in Aug. 2024 was €1,143 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Levi Strauss's Net-Net Working Capital per share for the quarter that ended in Aug. 2024 was €-6.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Levi Strauss's Days Inventory for the three months ended in Aug. 2024 was 189.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. Levi Strauss's Inventory Turnover for the quarter that ended in Aug. 2024 was 0.48.

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. Levi Strauss's Inventory-to-Revenue for the quarter that ended in Aug. 2024 was 0.83.


Levi Strauss Total Inventories Historical Data

The historical data trend for Levi Strauss'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.

Levi Strauss Total Inventories Chart

Levi Strauss Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 800.19 691.77 786.65 1,389.88 1,192.05

Levi Strauss Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 1,259.78 1,192.05 1,066.42 1,128.50 1,156.61

Levi Strauss 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.


Levi Strauss  (FRA:LV2B) 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.

Levi Strauss's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2024 is

Net-Net Working Capital Per Share (Q: Aug. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(523.43+0.75 * 616.307+0.5 * 1156.606-3973.023
-0-0)/396.728
=-6.07

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

Levi Strauss's Days Inventory for the three months ended in Aug. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Aug. 2024 )/Cost of Goods Sold (Q: Aug. 2024 )*Days in Period
=1142.553/549.733*365 / 4
=189.65

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

Levi Strauss's Inventory Turnover for the quarter that ended in Aug. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Aug. 2024 ) / Average Total Inventories (Q: Aug. 2024 )
=549.733 / 1142.553
=0.48

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.

Levi Strauss's Inventory to Revenue for the quarter that ended in Aug. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Aug. 2024 ) / Revenue (Q: Aug. 2024 )
=1142.553 / 1375.738
=0.83

* 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.


Levi Strauss Total Inventories Related Terms

Thank you for viewing the detailed overview of Levi Strauss's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Levi Strauss Business Description

Traded in Other Exchanges
Address
1155 Battery Street, San Francisco, CA, USA, 94111
Levi Strauss & Co is involved in designing, marketing, and selling products that include jeans, casual and dresses pants, tops, shorts, skirts, jackets, footwear, and related accessories directly or through third parties and licensees for men, women, and children under Levi's, Dockers, Signature by Levi Strauss & Co. and Denizen brands. The company manages its business according to three regional segments: the Americas, which is the key revenue driver; Europe; and Asia.

Levi Strauss Headlines

No Headlines