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Gooch & Housego (LSE:GHH) Total Inventories : £32.0 Mil (As of Mar. 2024)


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What is Gooch & Housego Total Inventories?

Gooch & Housego's total inventories for the quarter that ended in Mar. 2024 was £32.0 Mil. Gooch & Housego's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Mar. 2024 was £34.8 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Gooch & Housego's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was £-0.79.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gooch & Housego's Days Inventory for the six months ended in Mar. 2024 was 140.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gooch & Housego's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.30.

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. Gooch & Housego's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.55.


Gooch & Housego Total Inventories Historical Data

The historical data trend for Gooch & Housego'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.

Gooch & Housego Total Inventories Chart

Gooch & Housego Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.31 30.58 28.15 37.07 37.58

Gooch & Housego Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 31.82 37.07 39.96 37.58 32.02

Gooch & Housego 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.


Gooch & Housego  (LSE:GHH) 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.

Gooch & Housego'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)
=(4.816+0.75 * 31.661+0.5 * 32.022-64.343
-0-0)/25.0409
=-0.79

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

Gooch & Housego's Days Inventory for the six 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
=34.802/45.115*365 / 2
=140.78

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

Gooch & Housego'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 )
=45.115 / 34.802
=1.30

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.

Gooch & Housego'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 )
=34.802 / 63.617
=0.55

* 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.


Gooch & Housego Total Inventories Related Terms

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Gooch & Housego (LSE:GHH) Business Description

Traded in Other Exchanges
Address
Dowlish Ford, Ilminster, Somerset, GBR, TA19 0PF
Gooch & Housego PLC provides photonics technology and solutions to industrial, aerospace and defense, life sciences, and scientific research applications. The company's product portfolio consists of acousto-optics, crystal optics, Electro-optics, instrumentation, fiber optics, and precision optics. Its segments consist of Aerospace & Defence; Life Sciences; Industrial, which derives the key revenue; and Corporate. The majority of the revenue is derived from the sale of components and subsystems. Its operations are spread across the United Kingdom, USA, Continental Europe, and the Asia Pacific regions.

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