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Fox-Wizel (XTAE:FOX) Total Inventories : ₪1,058 Mil (As of Dec. 2023)


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What is Fox-Wizel Total Inventories?

Fox-Wizel's total inventories for the quarter that ended in Dec. 2023 was ₪1,058 Mil. Fox-Wizel's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was ₪1,192 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Fox-Wizel's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₪-249.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fox-Wizel's Days Inventory for the three months ended in Dec. 2023 was 170.68.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fox-Wizel's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.53.

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. Fox-Wizel's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.82.


Fox-Wizel Total Inventories Historical Data

The historical data trend for Fox-Wizel'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.

Fox-Wizel Total Inventories Chart

Fox-Wizel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 608.40 733.38 909.43 1,201.60 1,058.06

Fox-Wizel Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,201.60 1,246.60 1,251.71 1,325.74 1,058.06

Fox-Wizel 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.


Fox-Wizel  (XTAE:FOX) 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.

Fox-Wizel'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)
=(1828.841+0.75 * 430.939+0.5 * 1058.064-5439.184
-0-678.218)/13.7742
=-249.48

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

Fox-Wizel's Days Inventory for the three 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
=1191.9005/637.238*365 / 4
=170.68

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

Fox-Wizel'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 )
=637.238 / 1191.9005
=0.53

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.

Fox-Wizel'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 )
=1191.9005 / 1447.221
=0.82

* 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.


Fox-Wizel Total Inventories Related Terms

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Fox-Wizel (XTAE:FOX) Business Description

Traded in Other Exchanges
N/A
Address
Hermon Street, POB 76 Ben Gurion Airport, Airport City, ISR, 70100
Fox-Wizel Ltd is an Israel-based company which is engaged in apparel manufacturing. The company business activities include design, production distribution, marketing and selling of fashion apparel for men, women, and children; housewares and textile products; footwear, bags, and accessories. It is also engaged in the production of soaps, candles, bath and aromatic products. The company owns a number of brands including Fox, American Eagle, Aerie, TCP, Charles & Keith, Laline and Mango. It organizes its business into two segments namely fashion and home fashion and aromatic bath and body care products. The company operates its business across the globe. It generates the majority of its revenue from Israel.