Wolverine World Wide (Wolverine World Wide) Change In Inventory : $282 Mil (TTM As of Mar. 2024)

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What is Wolverine World Wide Change In Inventory?

Wolverine World Wide's change in inventory for the quarter that ended in Mar. 2024 was $16 Mil. It means Wolverine World Wide's inventory declined by $16 Mil from Dec. 2023 to Mar. 2024 .

Wolverine World Wide's change in inventory for the fiscal year that ended in Dec. 2023 was $287 Mil. It means Wolverine World Wide's inventory declined by $287 Mil from Dec. 2022 to Dec. 2023 .

Wolverine World Wide's Total Inventories for the quarter that ended in Mar. 2024 was $354 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wolverine World Wide's Days Inventory for the quarter that ended in Mar. 2024 was 155.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wolverine World Wide's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.59.

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. Wolverine World Wide's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.92.

Wolverine World Wide Change In Inventory Historical Data

The historical data trend for Wolverine World Wide's Change In Inventory 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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Wolverine World Wide Change In Inventory Chart

Wolverine World Wide Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-23.80

107.20

-77.20

-428.90

286.50

Wolverine World Wide Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															20.10	80.20	78.20	108.00	15.80

Wolverine World Wide Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $282 Mil.

Wolverine World Wide (NYSE:WWW) Change In Inventory Explanation

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

Wolverine World Wide's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	363.95	/	213.5	*	365 / 4
	=	155.55

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

Wolverine World Wide's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	213.5	/	363.95
	=	0.59

3. 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.

Wolverine World Wide's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	363.95	/	394.9
	=	0.92

Wolverine World Wide Change In Inventory Related Terms

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Wolverine World Wide (Wolverine World Wide) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Wolverine World Wide Inc (NYSE:WWW) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

WW4:Germany

Address

9341 Courtland Drive N.E., Rockford, MI, USA, 49351

Website

https://www.wolverineworldwide.com

Wolverine World Wide Inc is engaged in designing, manufacturing, sourcing, marketing, licensing, and distributing branded footwear, apparel, and accessories. The company's segment includes Active Group; Work Group; Lifestyle Group and Other. It generates maximum revenue from the Active Group segment. Active Group segment consists of Merrell footwear and apparel, Saucony footwear and apparel, Sweaty Betty activewear, and Chaco footwear.

Executives

Amy M. Klimek	officer: EVP, Global Human Resources	9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
Jeffrey M Boromisa	director
Michael D Stornant	officer: EVP, CFO and Treasurer	C/O 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
Brenda J Lauderback	director	IRWIN FINANCIAL CORPORATION, 500 WASHINGTON STREET, COLUMBUS IN 47201
Jodi Bricker	director	C/O 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
Demonty Price	director	C/O RESTORATION HARDWARE HOLDINGS, INC., 15 KOCH ROAD, SUITE K, CORTE MADERA CA 94925
Andersen Stacia J.p.	director	6301 FITCH PATH, NEW ALBANY OH 43054
Kathleen Wilson-thompson	director	PO BOX 3599, BATTLE CREEK MI 49016-3599
Christopher Hufnagel	officer: President, Active Group	9341 COURTLAND DRIVE, ROCKFORD MI 49351
Nicholas T. Long	director	C/O 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
Reginald Rasch	officer: Sr. VP, Gen'l Counsel & Sec'y	80 GRASSLANDS ROAD, ELMSFORD NY 10523
Brendan Hoffman	director, officer: President	100 PIER 1 PLACE, FORT WORTH TX 76102
Isabel Soriano	officer: President, International	C/O 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
David T Kollat	director	9341 COURTLAND DR, ROCKFORD MI 49351
William K Gerber	director	999 WEST BIG BEAVER ROAD, TROY MI 48084