Taylor Wimpey (Taylor Wimpey) Total Inventories : $6,544 Mil (As of Dec. 2023)

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What is Taylor Wimpey Total Inventories?

Taylor Wimpey's total inventories for the quarter that ended in Dec. 2023 was $6,544 Mil. Taylor Wimpey's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was $6,610 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Taylor Wimpey's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Taylor Wimpey's Days Inventory for the six months ended in Dec. 2023 was 629.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. Taylor Wimpey's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.29.

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. Taylor Wimpey's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.78.

Taylor Wimpey Total Inventories Historical Data

The historical data trend for Taylor Wimpey'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.

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Taylor Wimpey Total Inventories Chart

Taylor Wimpey Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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5,499.35

6,095.03

6,576.73

6,296.71

6,543.80

Taylor Wimpey Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial															6,576.73	6,539.04	6,296.71	6,676.89	6,543.80

Taylor Wimpey 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.

Taylor Wimpey (OTCPK:TWODF) 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.

Taylor Wimpey's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(968.228	+	0.75 * 104.43	+	0.5 * 6543.797	-	2190.127
-	0	-	0)	/	3533.82
=	0.60

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

Taylor Wimpey's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	6610.3455	/	1917.469	*	365 / 2
	=	629.16

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

Taylor Wimpey's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	1917.469	/	6610.3455
	=	0.29

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.

Taylor Wimpey's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	6610.3455	/	2376.456
	=	2.78

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.

Taylor Wimpey Total Inventories Related Terms

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Taylor Wimpey (Taylor Wimpey) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Taylor Wimpey PLC (OTCPK:TWODF) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

TWODY:USA TWl:UK TW.:UK TWW:Germany

Address

Turnpike Road, Gate House, High Wycombe, Buckinghamshire, GBR, HP12 3NR

Website

https://www.taylorwimpey.co.uk

Taylor Wimpey is the U.K.'s second-largest residential property developer by revenue—or third-largest as judged by dwelling completions—and was established via the merger of George Wimpey and Taylor Woodrow in 2007. Taylor Wimpey is vertically integrated through the land development, construction, and sales and marketing segments of the residential property development value chain, aligning with the typical business model employed by U.K. homebuilders. The company also has a nascent homebuilding operation in Spain.

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