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Thermwood (Thermwood) Total Inventories : $5.49 Mil (As of Jul. 2001)


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What is Thermwood Total Inventories?

Thermwood's total inventories for the quarter that ended in Jul. 2001 was $5.49 Mil. Thermwood's average total inventories from the quarter that ended in Apr. 2001 to the quarter that ended in Jul. 2001 was $5.87 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Thermwood's Net-Net Working Capital per share for the quarter that ended in Jul. 2001 was $-4.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Thermwood's Days Inventory for the three months ended in Jul. 2001 was 120.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. Thermwood's Inventory Turnover for the quarter that ended in Jul. 2001 was 0.76.

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. Thermwood's Inventory-to-Revenue for the quarter that ended in Jul. 2001 was 1.02.


Thermwood Total Inventories Historical Data

The historical data trend for Thermwood'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.

Thermwood Total Inventories Chart

Thermwood Annual Data
Trend Jul92 Jul93 Jul94 Jul95 Jul96 Jul97 Jul98 Jul99 Jul00 Jul01
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.60 5.40 5.30 6.59 5.49

Thermwood Quarterly Data
Oct96 Jan97 Apr97 Jul97 Oct97 Jan98 Apr98 Jul98 Oct98 Jan99 Apr99 Jul99 Oct99 Jan00 Apr00 Jul00 Oct00 Jan01 Apr01 Jul01
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 6.59 6.25 5.73 6.25 5.49

Thermwood 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.


Thermwood  (OTCPK:TOOD) 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.

Thermwood's Net-Net Working Capital Per Share for the quarter that ended in Jul. 2001 is

Net-Net Working Capital Per Share (Q: Jul. 2001 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.079+0.75 * 1.76+0.5 * 5.494-8.7
-0-0)/0.98504
=-4.62

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

Thermwood's Days Inventory for the three months ended in Jul. 2001 is calculated as:

Days Inventory=Average Total Inventories (Q: Jul. 2001 )/Cost of Goods Sold (Q: Jul. 2001 )*Days in Period
=5.8695/4.445*365 / 4
=120.49

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

Thermwood's Inventory Turnover for the quarter that ended in Jul. 2001 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jul. 2001 ) / Average Total Inventories (Q: Jul. 2001 )
=4.445 / 5.8695
=0.76

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.

Thermwood's Inventory to Revenue for the quarter that ended in Jul. 2001 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jul. 2001 ) / Revenue (Q: Jul. 2001 )
=5.8695 / 5.741
=1.02

* 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.


Thermwood Total Inventories Related Terms

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Thermwood (Thermwood) Business Description

Traded in Other Exchanges
N/A
Address
904 Dale-Buffaloville Road, P.O. Box 436, Dale, IN, USA, 47523-9057
Thermwood Corp is engaged in the development, manufacture, and distribute technology-based products and software for manufacturing as well as provide formal technology training. The company caters to the needs of marine industry, medical industry, military/defense, construction industry, among others.

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