Redwire (Redwire) Total Inventories : $1.6 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Redwire Total Inventories?

Redwire's total inventories for the quarter that ended in Mar. 2024 was $1.6 Mil. Redwire's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $1.6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Redwire's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-3.99.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Redwire's Days Inventory for the three months ended in Mar. 2024 was 1.96.

Inventory Turnover measures how fast the company turns over its inventory within a year. Redwire's Inventory Turnover for the quarter that ended in Mar. 2024 was 46.65.

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. Redwire's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.02.

Redwire Total Inventories Historical Data

The historical data trend for Redwire'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.

Redwire Total Inventories Chart

Redwire Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Inventories

0.33

0.69

1.47

1.52

Redwire Quarterly Data
	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial									1.45	1.28	1.69	1.52	1.61

Redwire 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.

Redwire (NYSE:RDW) 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.

Redwire'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)
=	(32.569	+	0.75 * 18.935	+	0.5 * 1.612	-	213.006
-	96.106	-	0.222)	/	65.5787
=	-3.99

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

Redwire'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
	=	1.564	/	72.967	*	365 / 4
	=	1.96

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

Redwire'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 )
	=	72.967	/	1.564
	=	46.65

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.

Redwire'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 )
	=	1.564	/	87.792
	=	0.02

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.

Redwire Total Inventories Related Terms

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

Redwire (Redwire) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Redwire Corp (NYSE:RDW) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

8226 Philips Highway, Suite 101, Jacksonville, FL, USA, 32256

Website

https://www.redwirespace.com

Redwire Corp is engaged in mission-critical space solutions and reliable components for the next generation space economy, with IP for solar power generation and in-space 3D printing and manufacturing. It assists its customers in solving the complex challenges of future space missions. Its operating units are organized into broad business areas focusing on space commercialization, digitally engineered spacecraft, on-orbit servicing, assembly, and manufacturing, advanced sensors and components, and space domain awareness and resiliency.

Executives

Chris Edmunds	officer: Chief Accounting Officer	C/O REDWIRE CORPORATION, 8226 PHILIPS HIGHWAY, SUITE 101, JACKSONVILLE FL 32256
Jonathan Baliff	director, officer: President and CFO	211 CARNEGIE CENTER, PRINCETON NJ 08540
Ae Industrial Partners Fund Ii Gp, Lp	10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
M. David Kornblatt	director	1214 ROUND HILL ROAD, BRYN MAWR PA 19010
Leslie B Daniels	director	540 MADISON, 22ND FLOOR, NEW YORK NY 10022
John S Bolton	director	GENESIS PARK HOLDINGS, 2000 EDWARDS STREET, SUITE B, HOUSTON TX 77007
Michael J Bevacqua	director	SANKATY ADVISORS, LLC, JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Credit Member, Llc	10 percent owner	200 CLARENDON STREET, BOSTON MA 02116
Bcc Redwire Aggregator, L.p.	10 percent owner	200 CLARENDON STREET, BOSTON MA 02116
Ae Industrial Partners Structured Solutions I Gp, Lp	director, 10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Ae Industrial Partners Structured Solutions I, Lp	director, 10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Michael Robert Greene	10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Ae Red Holdings, Llc	10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Andrew Rush	officer: President and COO	REDWIRE CORPORATION, 8226 PHILIPS HIGHWAY, SUITE 101, JACKSONVILLE FL 32256
Aeroequity Gp, Llc	10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431