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GXO (GXO Logistics) Total Inventories : $0 Mil (As of Sep. 2024)


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What is GXO Logistics Total Inventories?

GXO Logistics's total inventories for the quarter that ended in Sep. 2024 was $0 Mil. GXO Logistics's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. GXO Logistics's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-56.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GXO Logistics's Days Inventory for the three months ended in Sep. 2024 was 0.00.

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. GXO Logistics's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.00.


GXO Logistics Total Inventories Historical Data

The historical data trend for GXO Logistics'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.

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GXO Logistics Total Inventories Chart

GXO Logistics Annual Data
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GXO Logistics Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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GXO Logistics 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.


GXO Logistics  (NYSE:GXO) 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.

GXO Logistics's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(548+0.75 * 1968+0.5 * 0-8759
-0-35)/119.472
=-56.67

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

GXO Logistics's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=0/2782*365 / 4
=0.00

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

GXO Logistics's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=2782 / 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.

GXO Logistics's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=0 / 3157
=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.


GXO Logistics Total Inventories Related Terms

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GXO Logistics Business Description

Traded in Other Exchanges
Address
Two American Lane, Greenwich, CT, USA, 06831
GXO Logistics Inc is a contract logistics company. Its revenue is diversified across numerous verticals and customers, including many multinational corporations. It provides warehousing and distribution, order fulfillment, e-commerce, reverse logistics, and other supply chain services differentiated by its ability to deliver technology-enabled, customized solutions at scale. Geographically, it generates revenue from the United Kingdom, the United States, the Netherlands, France, Spain, Italy, and other countries, and derives the majority of its revenue from the United Kingdom.
Executives
Malcolm Wilson director, officer: Chief Executive Officer TWO AMERICAN LANE, GREENWICH CT 06831
Gena L Ashe director C/O GXO LOGISTICS, INC., TWO AMERICAN LANE, GREENWICH CT 06831
Matthew J. Fassler director TWO AMERICAN LANE, GREENWICH CT 06831
S Jacobs Bradley director C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Jacobs Private Equity, Llc director, 10 percent owner 350 ROUND HILL ROAD, GREENWICH CT 06831
Karlis Kirsis officer: Chief Legal Officer TWO AMERICAN LANE, GREENWICH CT 06831
Elizabeth Fogarty officer: Chief Communications Officer TWO AMERICAN LANE, GREENWICH CT 06831
Jason D Papastavrou director C/O GXO LOGISTICS, INC., TWO AMERICAN LANE, GREENWICH CT 06831
Oren Shaffer director C/O GXO LOGISTICS, INC., TWO AMERICAN LANE, GREENWICH CT 06831
Marlene M Colucci director C/O GXO LOGISTICS, INC., TWO AMERICAN LANE, GREENWICH CT 06831
Maryclaire Hammond officer: Chief Human Resources Officer TWO AMERICAN LANE, GREENWICH CT 06831
Joli L. Gross director TWO AMERICAN LANE, GREENWICH CT 06831
Paul Blanchett officer: Chief Accounting Officer TWO AMERICAN LANE, GREENWICH CT 06831
Clare Chatfield director TWO AMERICAN LANE, GREENWICH CT 06831
Xpo Logistics, Inc. 10 percent owner FIVE AMERICAN LANE, GREENWICH CT 06831