WEBC (Webco Industries) Total Inventories: $208.0 Mil (As of Jul. 2023)


WEBC Webco Industries Inc WEBC
12 GF Score
Price $310.00
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What is Webco Industries Total Inventories?

Webco Industries WEBC -0.48% 12 Total Inventories is $208.0 Mil as of Jul. 2023. GuruFocus rates WEBC with a GF Score™ of 12/100.

Webco Industries's total inventories for the quarter that ended in Jul. 2023 was $208.0 Mil. Webco Industries's average total inventories from the quarter that ended in Jul. 2018 to the quarter that ended in Jul. 2023 was $189.4 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Webco Industries's Net-Net Working Capital per share for the quarter that ended in Jul. 2023 was $-4.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Webco Industries's Days Inventory for the six months ended in Jul. 2023 was 57.86.

Inventory Turnover measures how fast the company turns over its inventory within a year. Webco Industries's Inventory Turnover for the quarter that ended in Jul. 2023 was 3.15.

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. Webco Industries's Inventory-to-Revenue for the quarter that ended in Jul. 2023 was 0.28.


Webco Industries  (OTCPK:WEBC) 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.

Webco Industries's Net-Net Working Capital Per Share for the quarter that ended in Jul. 2023 is

Net-Net Working Capital Per Share (Q: Jul. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(22.066+0.75 * 68.478+0.5 * 207.976-181.199
-0-0)/0.809
=-4.68

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

Webco Industries's Days Inventory for the six months ended in Jul. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jul. 2023 )/Cost of Goods Sold (Q: Jul. 2023 )*Days in Period
=189.434/597.544*365 / 2
=57.86

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

Webco Industries's Inventory Turnover for the quarter that ended in Jul. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jul. 2023 ) / Average Total Inventories (Q: Jul. 2023 )
=597.544 / 189.434
=3.15

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.

Webco Industries's Inventory to Revenue for the quarter that ended in Jul. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jul. 2023 ) / Revenue (Q: Jul. 2023 )
=189.434 / 686.916
=0.28

* 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.


Webco Industries Total Inventories Related Terms


Webco Industries Total Inventories Historical Data

* Premium members only.

The historical data trend for Webco Industries'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.

Webco Industries Total Inventories Chart

Webco Industries Annual Data
Trend Jul05 Jul06 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 139.19 113.35 124.53 170.89 207.98

Webco Industries Semi-Annual Data
Jul95 Jul96 Jul97 Jul98 Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul06 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul23
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 139.19 113.35 124.53 170.89 207.98
WEBC
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Webco Industries Inc WEBC
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Webco Industries 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 $208.0 Mil mean?
Webco Industries (WEBC) has a Total Inventories of $208.0 Mil as of Jul. 2023. The total amount of inventory as recorded on a company's balance sheet. View historical data for Webco Industries and its competitors.
Is Webco Industries' Total Inventories too high?
Webco Industries' current Total Inventories is $208.0 Mil. Overall, Webco Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Webco Industries' Total Inventories compare to ACNT and FRD?
Webco Industries' Total Inventories of $208.0 Mil can be compared against companies in the Steel 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 a Steel company?
A good Total Inventories depends on the Steel 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 Webco Industries and its competitors. Webco Industries's current Total Inventories is $208.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Webco Industries stock overvalued right now?
Webco Industries (WEBC) has a current Total Inventories of $208.0 Mil. The current Total Inventories is $208.0 Mil. Webco Industries' overall GF Score™ is 12/100. 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 Webco Industries (WEBC), the current Total Inventories is $208.0 Mil as of Jul. 2023. 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.

Webco Industries Business Description

Address 9101 West 21st Street, P.O. Box 100, Sand Springs, OK, USA, 74063
Webco Industries Inc is a specialty manufacturer and seller of high-quality carbon and stainless steel tubing products that are designed to industry and customer specifications. The company's products includes Welded tubing; Cold drawn- Welded and Cold drawn- Seamless. Its value-added services include bending, custom mill length, end formed/swaged, finning, heat treating, packaging, precision cutting, product availability and responsiveness.
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Total Inventories is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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