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US Foods Holding (FRA:UFH) Total Inventories : €1,490 Mil (As of Mar. 2024)


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What is US Foods Holding Total Inventories?

US Foods Holding's total inventories for the quarter that ended in Mar. 2024 was €1,490 Mil. US Foods Holding's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was €1,479 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. US Foods Holding's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-22.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. US Foods Holding's Days Inventory for the three months ended in Mar. 2024 was 19.68.

Inventory Turnover measures how fast the company turns over its inventory within a year. US Foods Holding's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.64.

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. US Foods Holding's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.18.


US Foods Holding Total Inventories Historical Data

The historical data trend for US Foods Holding'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.

US Foods Holding Total Inventories Chart

US Foods Holding 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 1,288.80 1,046.41 1,492.11 1,525.50 1,467.20

US Foods Holding Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,517.75 1,413.11 1,482.33 1,467.20 1,490.40

US Foods Holding 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.


US Foods Holding  (FRA:UFH) 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.

US Foods Holding's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(245.64+0.75 * 1808.72+0.5 * 1490.4-7879.8
-0-0)/245.8
=-22.51

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

US Foods Holding's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=1478.8/6857.68*365 / 4
=19.68

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

US Foods Holding's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=6857.68 / 1478.8
=4.64

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.

US Foods Holding's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=1478.8 / 8233.08
=0.18

* 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.


US Foods Holding Total Inventories Related Terms

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US Foods Holding (FRA:UFH) Business Description

Traded in Other Exchanges
Address
9399 West Higgins Road, Suite 100, Rosemont, IL, USA, 60018
us Foods is the second-largest U.S. food service distributor behind Sysco, holding 11% market share of the highly fragmented food service distribution industry. us Foods distributes more than 400,000 food and nonfood products to the healthcare and hospitality industries (collectively 22% of 2021 sales), restaurants (61%), and education, government facilities, and grocers (17%). In addition to its delivery business, the firm has 80 cash-and- carry stores under the Chef'Store banner. After Sysco's attempt to purchase us Foods failed to gain federal approval in 2015, us Foods entered the public market via an initial public offering.

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