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Walgreens Boots Alliance (WBO:WBA) Total Inventories : €7,546 Mil (As of Aug. 2024)


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What is Walgreens Boots Alliance Total Inventories?

Walgreens Boots Alliance's total inventories for the quarter that ended in Aug. 2024 was €7,546 Mil. Walgreens Boots Alliance's average total inventories from the quarter that ended in May. 2024 to the quarter that ended in Aug. 2024 was €7,740 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Walgreens Boots Alliance's Net-Net Working Capital per share for the quarter that ended in Aug. 2024 was €-61.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Walgreens Boots Alliance's Days Inventory for the three months ended in Aug. 2024 was 24.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Walgreens Boots Alliance's Inventory Turnover for the quarter that ended in Aug. 2024 was 3.67.

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. Walgreens Boots Alliance's Inventory-to-Revenue for the quarter that ended in Aug. 2024 was 0.23.


Walgreens Boots Alliance Total Inventories Historical Data

The historical data trend for Walgreens Boots Alliance'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.

Walgreens Boots Alliance Total Inventories Chart

Walgreens Boots Alliance Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,689.87 6,935.15 8,244.41 7,571.67 7,546.24

Walgreens Boots Alliance Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 7,571.67 8,735.50 7,932.34 7,934.65 7,546.24

Walgreens Boots Alliance 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.


Walgreens Boots Alliance  (WBO:WBA) 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.

Walgreens Boots Alliance's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2024 is

Net-Net Working Capital Per Share (Q: Aug. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2819.863+0.75 * 5306.857+0.5 * 7546.24-62452.392
-0-1573.645)/864
=-61.87

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

Walgreens Boots Alliance's Days Inventory for the three months ended in Aug. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Aug. 2024 )/Cost of Goods Sold (Q: Aug. 2024 )*Days in Period
=7740.445/28383.658*365 / 4
=24.88

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

Walgreens Boots Alliance's Inventory Turnover for the quarter that ended in Aug. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Aug. 2024 ) / Average Total Inventories (Q: Aug. 2024 )
=28383.658 / 7740.445
=3.67

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.

Walgreens Boots Alliance's Inventory to Revenue for the quarter that ended in Aug. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Aug. 2024 ) / Revenue (Q: Aug. 2024 )
=7740.445 / 34055.129
=0.23

* 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.


Walgreens Boots Alliance Total Inventories Related Terms

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Walgreens Boots Alliance Business Description

Address
108 Wilmot Road, Deerfield, IL, USA, 60015
Walgreens Boots Alliance is one of the largest retail pharmacy chains in the US, with over 8,000 locations. Nearly three quarters of Americans live within five miles of a Walgreens location. Roughly two thirds of revenue is generated from prescription drug sales; Walgreens makes up 20% of total prescription revenue in the US. Walgreens also generates sales from retail products (general wellness consumables and its own branded merchandise), European drug wholesale, and healthcare. With more locations incorporating additional services like Health Corner and Village Medical, Walgreens creates an omnichannel experience for patients and positions itself as a one-stop healthcare provider.