WZZZY (Wizz Air Holdings) Total Inventories : $298 Mil (As of Sep. 2024)

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What is Wizz Air Holdings Total Inventories?

Wizz Air Holdings's total inventories for the quarter that ended in Sep. 2024 was $298 Mil. Wizz Air Holdings's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $149 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Wizz Air Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-18.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wizz Air Holdings's Days Inventory for the three months ended in Sep. 2024 was 8.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wizz Air Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 was 10.98.

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. Wizz Air Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.07.

Wizz Air Holdings Total Inventories Historical Data

The historical data trend for Wizz Air Holdings'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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Wizz Air Holdings Total Inventories Chart

Wizz Air Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Inventories

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78.01

63.93

78.08

316.49

362.61

Wizz Air Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Inventories	Get a 7-Day Free Trial															-	-	362.61	-	297.89

Wizz Air Holdings 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.

Wizz Air Holdings (OTCPK:WZZZY) 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.

Wizz Air Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

	Net-Net Working Capital Per Share (Q: Sep. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1960.488	+	0.75 * 259.711	+	0.5 * 297.891	-	9846.06
-	0	-	-49.612)	/	413.558
=	-18.12

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

Wizz Air Holdings's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	148.9455	/	1634.739	*	365 / 4
	=	8.31

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

Wizz Air Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2024 )	/	Average Total Inventories (Q: Sep. 2024 )
	=	1634.739	/	148.9455
	=	10.98

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.

Wizz Air Holdings's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	148.9455	/	2005.327
	=	0.07

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.

Wizz Air Holdings Total Inventories Related Terms

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Wizz Air Holdings Business Description

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Comparable Companies

Traded in Other Exchanges

WZZAF:USA WIZZAIR:Hungary WIZZl:UK WIZZ:UK WI2:Germany

Address

44 The Esplanade, Saint Helier, JEY, JE4 9WG

Website

https://www.wizzair.com

Wizz Air is a prominent ultralow-cost airline group operating primarily across Europe, the Middle East, North Africa, and Northwest Asia. Founded in 2003, the company offers scheduled short-haul and medium-haul point-to-point flights under the Wizz Air brand. As of March 2024, Wizz Air operated a fleet of 208 aircraft, connecting approximately 200 destinations across 50 countries.