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Wolford AG (STU:WOF) Total Inventories : €42.0 Mil (As of Jun. 2023)


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What is Wolford AG Total Inventories?

Wolford AG's total inventories for the quarter that ended in Jun. 2023 was €42.0 Mil. Wolford AG's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Jun. 2023 was €39.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Wolford AG's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was €-12.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wolford AG's Days Inventory for the six months ended in Jun. 2023 was 1,007.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wolford AG's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.18.

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. Wolford AG's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.67.


Wolford AG Total Inventories Historical Data

The historical data trend for Wolford AG'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.

Wolford AG Total Inventories Chart

Wolford AG Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Dec21 Dec22
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.99 35.79 34.69 30.87 36.37

Wolford AG Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Jun21 Dec21 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 33.43 30.87 37.33 36.37 41.99

Wolford AG 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.


Wolford AG  (STU:WOF) 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.

Wolford AG'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)
=(2.569+0.75 * 9.805+0.5 * 41.988-146.778
-0-0)/9.56553
=-12.11

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

Wolford AG'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
=39.1795/7.1*365 / 2
=1,007.08

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

Wolford AG'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 )
=7.1 / 39.1795
=0.18

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.

Wolford AG'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 )
=39.1795 / 58.802
=0.67

* 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.


Wolford AG Total Inventories Related Terms

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Wolford AG (STU:WOF) Business Description

Traded in Other Exchanges
Address
Wolfordstrasse 1, Bregenz, AUT, 6900
Wolford AG is in producing and marketing women's hosiery, clothing, and accessories. Its products include Legwear, Ready-to-wear and Lingerie, Beachwear, Accessories, and Trading goods. Geographically, it operates in the region of Austria, Germany, the Rest of Europe, North America, and Asia. The company generates maximum revenue from Ready-to-wear products.

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