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Harland & Wolff Group Holdings (LSE:HARL) Total Inventories : £4.04 Mil (As of Jun. 2023)


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What is Harland & Wolff Group Holdings Total Inventories?

Harland & Wolff Group Holdings's total inventories for the quarter that ended in Jun. 2023 was £4.04 Mil. Harland & Wolff Group Holdings's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Jun. 2023 was £2.89 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Harland & Wolff Group Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was £-0.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Harland & Wolff Group Holdings's Days Inventory for the six months ended in Jun. 2023 was 25.62.

Inventory Turnover measures how fast the company turns over its inventory within a year. Harland & Wolff Group Holdings's Inventory Turnover for the quarter that ended in Jun. 2023 was 7.12.

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. Harland & Wolff Group Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.11.


Harland & Wolff Group Holdings Total Inventories Historical Data

The historical data trend for Harland & Wolff Group Holdings'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.

Harland & Wolff Group Holdings Total Inventories Chart

Harland & Wolff Group Holdings Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Dec22
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.33 1.74

Harland & Wolff Group Holdings Semi-Annual Data
Jan13 Jul13 Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jun22 Dec22 Jun23
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 0.33 1.17 9.01 1.74 4.04

Harland & Wolff Group Holdings 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.


Harland & Wolff Group Holdings  (LSE:HARL) 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.

Harland & Wolff Group Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is

Net-Net Working Capital Per Share (Q: Jun. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.743+0.75 * 14.071+0.5 * 4.043-161.554
-0-0)/173.047
=-0.82

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

Harland & Wolff Group Holdings's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=2.889/20.578*365 / 2
=25.62

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

Harland & Wolff Group Holdings's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=20.578 / 2.889
=7.12

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.

Harland & Wolff Group Holdings's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=2.889 / 25.533
=0.11

* 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.


Harland & Wolff Group Holdings Total Inventories Related Terms

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Harland & Wolff Group Holdings (LSE:HARL) Business Description

Traded in Other Exchanges
Address
2 Swan Lane, Fieldfisher Riverbank House, London, GBR, EC4R 3TT
Harland & Wolff Group Holdings PLC is a multisite fabrication company, operating in the maritime and offshore industry through markets such as commercial, cruise and ferry, and renewables and six services namely technical services, fabrication and construction, decommissioning, repair and maintenance, in-service support and conversion. The Comapny is organised into 6 segments: Cruise & Ferry, Commercial, Energy, Defence, Renewables and other being Head Office related. The Company generates revenue from multiple streams including shipbuilding, engineering (e.g. fabrication of wind turbines) and ship repairs and maintenance.

Harland & Wolff Group Holdings (LSE:HARL) Headlines