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Winc (WBEVQ) Total Inventories : $25.73 Mil (As of Sep. 2022)


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What is Winc Total Inventories?

Winc's total inventories for the quarter that ended in Sep. 2022 was $25.73 Mil. Winc's average total inventories from the quarter that ended in Jun. 2022 to the quarter that ended in Sep. 2022 was $26.09 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Winc's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was $-1.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Winc's Days Inventory for the three months ended in Sep. 2022 was 237.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. Winc's Inventory Turnover for the quarter that ended in Sep. 2022 was 0.38.

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. Winc's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 1.65.


Winc Total Inventories Historical Data

The historical data trend for Winc'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.

Winc Total Inventories Chart

Winc Annual Data
Trend Dec19 Dec20 Dec21
Total Inventories
8.49 11.88 23.89

Winc Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 22.37 23.89 23.15 26.44 25.73

Winc 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.


Winc  (OTCPK:WBEVQ) 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.

Winc's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 is

Net-Net Working Capital Per Share (Q: Sep. 2022 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.76+0.75 * 3.309+0.5 * 25.73-36.751
-0-0)/13.2966
=-1.40

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

Winc's Days Inventory for the three months ended in Sep. 2022 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2022 )/Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=26.0865/10.037*365 / 4
=237.16

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

Winc's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2022 ) / Average Total Inventories (Q: Sep. 2022 )
=10.037 / 26.0865
=0.38

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.

Winc's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=26.0865 / 15.806
=1.65

* 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.


Winc Total Inventories Related Terms

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Winc (WBEVQ) Business Description

Traded in Other Exchanges
N/A
Address
1751 Berkeley Street, Studio 3, Santa Monica, CA, USA, 90404
Winc Inc is a wine company in the United States. It has a direct-to-consumer model, which involves the company bottling, labeling, and distributing wine under its own winery license. It also features wines at select retailers and restaurants nationwide. It sources from vineyards and works with winemakers and ships all wine, domestic and international, in bulk containers to a centralized winemaking and bottling facility on California's Central Coast.
Executives
Deer Vii & Co. L.p. 10 percent owner C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVE, LARCHMONT NY 10538
Wahoowa Ventures Llc 10 percent owner 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Alesia Lee Pinney director AVALARA, INC., 255 SOUTH KING ST., SUITE 1800, SEATTLE WA 98104
Goblue Ventures Llc 10 percent owner 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Brian Patrick Smith director, 10 percent owner, officer: President C/O WINC, INC., 1751 BERKELEY ST, STUDIO 3, SANTA MONICA CA 90404
Carol Brault officer: Chief Financial Officer C/O WINC, INC., 1751 BERKELEY ST, STUDIO 3, SANTA MONICA CA 90404
Erin K Green officer: Chief Operating Officer C/O WINC, INC., 1751 BERKELEY ST, STUDIO 3, SANTA MONICA CA 90404
Xiangwei Weng director C/O WINC, INC., 1751 BERKELEY ST, STUDIO 3, SANTA MONICA CA 90404
Laura Joukovski director C/O WINC, INC., 1751 BERKELEY ST, STUDIO 3, SANTA MONICA CA 90404
Thelen Matthew Jonathan Alan officer: See Remarks C/O WINC, INC., 1751 BERKELEY ST, STUDIO 3, SANTA MONICA CA 90404
Geoffrey Mcfarlane director, 10 percent owner, officer: Chief Executive Officer C/O WINC, INC., 1751 BERKELEY ST, STUDIO 3, SANTA MONICA CA 90404
15 Angels Ii Llc 10 percent owner 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Patrick M Delong director 1222 ARROYO SARCO, NAPA CA 94558
Deer Viii & Co. Ltd. 10 percent owner C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, LARCHMONT NY 10538
Deer Viii & Co. L.p. 10 percent owner C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, LARCHMONT NY 10538