GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Crimson Wine Group Ltd (OTCPK:CWGL) » Definitions » Total Inventories

Crimson Wine Group (Crimson Wine Group) Total Inventories : $58.09 Mil (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Crimson Wine Group Total Inventories?

Crimson Wine Group's total inventories for the quarter that ended in Dec. 2023 was $58.09 Mil. Crimson Wine Group's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $56.52 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Crimson Wine Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $1.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Crimson Wine Group's Days Inventory for the three months ended in Dec. 2023 was 440.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Crimson Wine Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.21.

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. Crimson Wine Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.64.


Crimson Wine Group Total Inventories Historical Data

The historical data trend for Crimson Wine Group'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.

Crimson Wine Group Total Inventories Chart

Crimson Wine Group 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 69.46 57.55 52.55 51.72 58.09

Crimson Wine Group 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 51.72 51.47 51.48 54.94 58.09

Crimson Wine Group 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.


Crimson Wine Group  (OTCPK:CWGL) 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.

Crimson Wine Group'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)
=(30.779+0.75 * 7.685+0.5 * 58.094-33.931
-0-0)/21.0336
=1.51

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

Crimson Wine Group'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
=56.5155/11.707*365 / 4
=440.51

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

Crimson Wine Group'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 )
=11.707 / 56.5155
=0.21

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.

Crimson Wine Group'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 )
=56.5155 / 21.433
=2.64

* 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.


Crimson Wine Group Total Inventories Related Terms

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


Crimson Wine Group (Crimson Wine Group) Business Description

Traded in Other Exchanges
N/A
Address
5901 Silverado Trail, Napa, CA, USA, 94558
Crimson Wine Group Ltd is engaged in the business of producing and selling luxury wines. Its operating segments are Wholesale net sales and Direct to Consumer net sales. It generates revenues from sales of wine to wholesalers and directs to consumers, sales of bulk wine and grapes, custom winemaking services, special event fees, tasting fees, and retail sales. The company's wineries include wine brands of Pine Ridge Vineyards, Archery Summit, Chamisal Vineyards, Seghesio Family Vineyards, Double Canyon, Seven Hills Winery, and Malene Wines.
Executives
Annette D. Alvarez-peters director C/O CRIMSON WINE GROUP, 5901 SILVERADO TRAIL, NAPA CA 94558
Luanne Dupere Tierney director C/O CRIMSON WINE GROUP LTD., 2700 NAPA VALLEY CORPORATE DR., SUITE B, NAPA CA 94558
Kimberly A. Benson officer: Interim CFO C/O CRIMSON WINE GROUP, LTD., 5901 SILVERADO TRAIL, NAPA CA 94558
John D. Cumming director C/O CRIMSON WINE GROUP, LTD., 5901 SILVERADO TRAIL, NAPA CA 94558
Joseph S Steinberg director C/O LEUCADIA NATIONAL CORP, 315 PARK AVENUE SOUTH, NEW YORK NY 10010
Rollins Colby A. director 2700 NAPA VALLEY CORPORATE DR., STE. B, C/O CRIMSON WINE GROUP LTD., NAPA CA 94558
Jennifer L. Locke officer: CHIEF EXECUTIVE OFFICER C/O CRIMSON WINE GROUP, LTD., 2700 NAPA VALLEY CORPORATE DR., SUITE B, NAPA CA 94558
Teton Holdings Corp Ccs 10 percent owner P. O. BOX 4902, JACKSON WY 83001
David Cumming 10 percent owner 1794 OLYMPIC PARKWAY, SUITE 201, PARK CITY UT 84098
Quille Nicolas Michel Eric officer: COO 2700 NAPA VALLEY CORPORATE DR., STE. B, C/O CRIMSON WINE GROUP LTD., NAPA CA 94558
Craig Williams director C/O CRIMSON WINE GROUP, LTD, 5901 SILVERADO TRAIL, NAPA CA 94558
Ian M. Cumming Charitable Lead Annuity Trust 10 percent owner P. O. BOX 4902, JACKSON WY 83001
Patrick M Delong officer: Chief Fin. & Oper. Officer 1222 ARROYO SARCO, NAPA CA 94558
Mike S. Cekay officer: SVP of Global Sales C/O CRIMSON WINE GROUP, LTD, 5901 SIVERADO TRAIL, NAPA CA 94558
Karen L. Diepholz officer: CFO 2700 NAPA VALLEY CORPORATE DR., STE. B, NAPA CA 94558