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MWA (Mueller Water Products) Total Inventories : $327 Mil (As of Dec. 2024)


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What is Mueller Water Products Total Inventories?

Mueller Water Products's total inventories for the quarter that ended in Dec. 2024 was $327 Mil. Mueller Water Products's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $319 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Mueller Water Products's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-1.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mueller Water Products's Days Inventory for the three months ended in Dec. 2024 was 144.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mueller Water Products's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.63.

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. Mueller Water Products's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.05.


Mueller Water Products Total Inventories Historical Data

The historical data trend for Mueller Water Products'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.

Mueller Water Products Total Inventories Chart

Mueller Water Products Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 166.20 187.60 281.50 305.90 311.30

Mueller Water Products 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 315.70 312.50 303.60 311.30 326.90

Mueller Water Products 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.


Mueller Water Products  (NYSE:MWA) 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.

Mueller Water Products'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)
=(338.2+0.75 * 148+0.5 * 326.9-785.1
-0-0)/156.563
=-1.10

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

Mueller Water Products'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
=319.1/201.3*365 / 4
=144.65

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

Mueller Water Products'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 )
=201.3 / 319.1
=0.63

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.

Mueller Water Products'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 )
=319.1 / 304.3
=1.05

* 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.


Mueller Water Products Total Inventories Related Terms

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Mueller Water Products Business Description

Traded in Other Exchanges
Address
1200 Abernathy Road N.E., Suite 1200, Atlanta, GA, USA, 30328
Mueller Water Products Inc is a U.S.-based company that manufactures and sells products and services used in the transmission, distribution, and measurement of water. The company operates in two segments Water Flow Solutions and Water Management Solutions. The Water Flow Solutions segment, which derives maximum revenue for the company, includes products like iron gate valves, specialty valves, and service brass products. Water Management Solutions' portfolio includes fire hydrants, repair and installation, natural gas, metering, leak detection, and pressure management and control products and solutions. Geographically, the company derives a majority of its revenue from the United States and the rest from Canada and other international locations.
Executives
Lydia W Thomas director ALLMERICA FINANCIAL CORP, 440 LINCOLN ST, WORCESTER MA 01653
Shirley C. Franklin director C/O MUELLER WATER PRODUCTS, INC., 1200 ABERNATHY RD., SUITE 1200, ATLANTA GA 30328
Steven S Heinrichs officer: EVP, General Counsel and Sec 1200 ABERNATHY ROAD, NE, SUITE 1200, ATLANTA GA 30328
Brian Slobodow director 1200 ABERNATHY RD., NE, SUITE 1200, ATLANTA GA 30328
Christine Ortiz director 1200 ABERNATHY ROAD, NE, SUITE 1200, ATLANTA GA 30328
Suzanne G Smith officer: VP and CAO 1275 PEACHTREE STREET, 6TH FLOOR, ATLANTA GA 30309
Todd P Helms officer: SVP and CHRO 1200 ABERNATHY RD., NE, SUITE 1200, ATLANTA GA 30328
Thomas J Hansen director 3600 W. LAKE AVENUE, GLENVIEW IL 60026-1215
J Scott Hall director, officer: President and CEO 1200 ABERNATHY ROAD NE, SUITE 1200, ATLANTA GA 30328
Kenji Takeuchi officer: SVP, Engineering 1200 ABERNATHY RD., NE, SUITE 1200, ATLANTA GA 30328
Van Arsdell Stephen C director ONE PIERCE PLACE, SUITE 1500, ITASCA IL 60143
Paul Mcandrew officer: SVP, Operations & Supply Chain 1200 ABERNATHY ROAD, NE, SUITE 1200, ATLANTA GA 30328
Mark J Obrien director 3000 BAYPORT DRIVE, SUITE 1100, TAMPA FL 33607
Michael T Tokarz director 287 BOWMAN AVENUE, SUITE 331, PURCHASE NY 10577
Chason A Carroll officer: VP, General Counsel & Corp Sec 1200 ABERNATHY RD., NE, SUITE 1200, ATLANTA GA 30328