GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » YETI Holdings Inc (NYSE:YETI) » Definitions » Total Inventories

YETI (YETI Holdings) Total Inventories : $310 Mil (As of Dec. 2024)


View and export this data going back to 2018. Start your Free Trial

What is YETI Holdings Total Inventories?

YETI Holdings's total inventories for the quarter that ended in Dec. 2024 was $310 Mil. YETI Holdings's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $340 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. YETI Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $0.70.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. YETI Holdings's Days Inventory for the three months ended in Dec. 2024 was 141.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. YETI Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.65.

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. YETI Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.62.


YETI Holdings Total Inventories Historical Data

The historical data trend for YETI 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.

* Premium members only.

YETI Holdings Total Inventories Chart

YETI Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 140.11 318.86 371.41 337.21 310.06

YETI Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 337.21 363.92 378.30 370.23 310.06

YETI 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.


YETI Holdings  (NYSE:YETI) 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.

YETI Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(358.795+0.75 * 120.19+0.5 * 310.058-546.013
-0-0)/82.939
=0.70

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

YETI Holdings's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=340.1455/220.102*365 / 4
=141.02

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

YETI Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=220.102 / 340.1455
=0.65

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.

YETI Holdings's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=340.1455 / 546.54
=0.62

* 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.


YETI Holdings Total Inventories Related Terms

Thank you for viewing the detailed overview of YETI Holdings's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


YETI Holdings Business Description

Traded in Other Exchanges
Address
7601 Southwest Parkway, Austin, TX, USA, 78735
YETI Holdings Inc is a designer, marketer, and distributor of premium products for the outdoor and recreation market sold under the YETI brand. The company offers products including coolers and equipment, drinkware, and other accessories. Its trademark products include YETI Tundra, Hopper, YETI TANK, Rambler, Colster, Rambler among others. The company distributes products through wholesale channels and through direct-to-consumer, or DTC, channels.
Executives
Michael John Mcmullen officer: Interim CFO 7601 SOUTHWEST PARKWAY, AUSTIN TX 78735
Martin Duff officer: SVP Supply Chain & Operations 7601 SOUTHWEST PARKWAY, AUSTIN TX 78735
Syed Faiz Ahmad officer: Chief Commercial Officer 7601 SOUTHWEST PARKWAY, AUSTIN TX 78735
Matthew J Reintjes director, officer: President and CEO 5301 SOUTHWEST PARKWAY, SUITE 200, AUSTIN TX 78735
Kirk A Zambetti officer: SVP of Sales 7601 SOUTHWEST PARKWAY, AUSTIN TX 78735
Bryan C. Barksdale officer: SVP, GC and Secretary 7601 SOUTHWEST PARKWAY, AUSTIN TX 78735
Hollie Sammons Castro officer: SVP of Talent 2101 CITYWEST BLVD., HOUSTON TX 77042
Paul C Carbone officer: SVP and CFO YETI HOLDING, INC., 7601 SOUTHWEST PARKWAY, AUSTIN TX 78735
Roy J Seiders director, 10 percent owner 5301 SOUTHWEST PARKWAY, SUITE 200, AUSTIN TX 78735
Alison Dean director C/O IROBOT CORPORATION, 63 SOUTH AVENUE, BURLINGTON MA 01803
Tracey D Brown director 675 AVENUE OF THE AMERICAS, 6TH FLOOR, NEW YORK NY 10010
Cortec Group Gp, Llc 10 percent owner 140 EAST 45TH STREET, 43RD FLOOR, NEW YORK NY 10017
Mary Lou Kelley director 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Michael K Kienitz officer: SVP, Operations 7601 SOUTHWEST PARKWAY, AUSTIN TX 78735
Frank D Gibeau director 699 8TH STREET, C/O ZYNGA INC., SAN FRANCISCO CA 94103