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WillScot Mobile Mini Holdings (WillScot Mobile Mini Holdings) Total Inventories : $47 Mil (As of Dec. 2023)


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What is WillScot Mobile Mini Holdings Total Inventories?

WillScot Mobile Mini Holdings's total inventories for the quarter that ended in Dec. 2023 was $47 Mil. WillScot Mobile Mini Holdings's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $46 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. WillScot Mobile Mini Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-23.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. WillScot Mobile Mini Holdings's Days Inventory for the three months ended in Dec. 2023 was 15.62.

Inventory Turnover measures how fast the company turns over its inventory within a year. WillScot Mobile Mini Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.84.

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. WillScot Mobile Mini Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.08.


WillScot Mobile Mini Holdings Total Inventories Historical Data

The historical data trend for WillScot Mobile Mini 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.

WillScot Mobile Mini Holdings Total Inventories Chart

WillScot Mobile Mini Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only 15.39 23.73 29.80 41.03 47.41

WillScot Mobile Mini Holdings 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 41.03 42.01 44.36 44.73 47.41

WillScot Mobile Mini 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.


WillScot Mobile Mini Holdings  (NAS:WSC) 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.

WillScot Mobile Mini Holdings'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)
=(10.958+0.75 * 451.13+0.5 * 47.406-4876.665
-0-0)/189.967
=-23.71

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

WillScot Mobile Mini Holdings'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
=46.0675/269.2*365 / 4
=15.62

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

WillScot Mobile Mini Holdings'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 )
=269.2 / 46.0675
=5.84

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.

WillScot Mobile Mini Holdings'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 )
=46.0675 / 612.376
=0.08

* 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.


WillScot Mobile Mini Holdings Total Inventories Related Terms

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WillScot Mobile Mini Holdings (WillScot Mobile Mini Holdings) Business Description

Traded in Other Exchanges
Address
4646 E Van Buren Street, Suite 400, Phoenix, AZ, USA, 85008
WillScot Mobile Mini Holdings Corp is a business services provider specializing in innovative flexible work space and portable storage solutions. The company's segment includes Modular Solutions and Storage Solutions. It generates maximum revenue from the Modular Solutions segment. The company serves furniture rental, transportation and logistics, facility management, job site services, commercial storage, and commercial real estate sector. Geographically, it derives a majority of its revenue from the United States.
Executives
Bradley Lee Soultz director, officer: Chief Executive Officer 901 S. BOND STREET, SUITE 600, BALTIMORE MD 21231
Natalia Johnson director C/O PUBLIC STORAGE, 701 WESTERN AVENUE, GLENDALE CA 91201
Felicia Gorcyca officer: Chief Human Resources Officer 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Sally J Shanks officer: Chief Accounting Officer 901 S. BOND STREET, SUITE 600, BALTIMORE MD 21231
Jeffrey Sagansky director, 10 percent owner, officer: President & CEO 1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Erika T Davis director
Graeme Parkes officer: Chief Information Officer 4646 E. VAN BUREN STREET, SUITE 400, PHOENIX AZ 85008
Erik Olsson director C/O RSC HOLDINGS INC., 6929 E. GREENWAY PARKWAY, SCOTTSDALE AZ 85254
Hezron T. Lopez officer: V.P.,Gen Counsel, Corp. Sec. 855 EAST MAIN AVE, ZEELAND MI 49464
Rebecca L Owen director 1750 H STREET, SUITE 500, COLUMBIA EQUITY TRUST, INC., WASHINGTON DC 20006
Christopher J Miner officer: SVP, GC & Secretary 7420 SOUTH KYRENE ROAD SUITE 101, TEMPE AZ 85253
Michael W Upchurch director KANSAS CITY SOUTHERN, PO BOX 219335, KANSAS CITY MO 64121
Sapphire Holding S.a R.l. 10 percent owner C/O TDR CAPITAL LLP, 20 BENTINCK STREET, LONDON X0 W1U 2EU
Stephen Robertson director, 10 percent owner 20 BENTINCK STREET, LONDON X0 W1U 2EU
Mark S. Bartlett director 4701 WEST GREENFIELD AVENUE, MILWAUKEE WI 53214