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


What is Thermwood Total Inventories?

Thermwood TOOD Total Inventories is $5.49 Mil as of Jul. 2001.

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  (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)/0.985
=-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

Thermwood Total Inventories Historical Data

* Premium members only.

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.

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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $5.49 Mil mean?
Thermwood (TOOD) has a Total Inventories of $5.49 Mil as of Jul. 2001. The total amount of inventory as recorded on a company's balance sheet. View historical data for Thermwood and its competitors.
Is Thermwood's Total Inventories too high?
Thermwood's current Total Inventories is $5.49 Mil.
How does Thermwood's Total Inventories compare to EVTN and NRBT?
Thermwood's Total Inventories of $5.49 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for an Industrial Products company?
A good Total Inventories depends on the Industrial Products industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Thermwood and its competitors. Thermwood's current Total Inventories is $5.49 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thermwood stock overvalued right now?
Thermwood (TOOD) has a current Total Inventories of $5.49 Mil. The current Total Inventories is $5.49 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Thermwood (TOOD), the current Total Inventories is $5.49 Mil as of Jul. 2001. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Thermwood Business Description

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.