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Woodward (Woodward) Total Inventories : $580 Mil (As of Mar. 2024)


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What is Woodward Total Inventories?

Woodward's total inventories for the quarter that ended in Mar. 2024 was $580 Mil. Woodward's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $570 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Woodward's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-17.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Woodward's Days Inventory for the three months ended in Mar. 2024 was 86.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Woodward's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.05.

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. Woodward's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.68.


Woodward Total Inventories Historical Data

The historical data trend for Woodward'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.

Woodward Total Inventories Chart

Woodward 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 516.84 437.94 419.97 514.29 517.84

Woodward 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 567.78 531.83 517.84 559.67 580.38

Woodward 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.


Woodward  (NAS:WWD) 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.

Woodward'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)
=(316.932+0.75 * 530.127+0.5 * 580.377-2036.846
-0-0)/60.722
=-17.00

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

Woodward'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
=570.025/600.954*365 / 4
=86.55

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

Woodward'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 )
=600.954 / 570.025
=1.05

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.

Woodward'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 )
=570.025 / 835.343
=0.68

* 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.


Woodward Total Inventories Related Terms

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Woodward (Woodward) Business Description

Traded in Other Exchanges
Address
1081 Woodward Way, Fort Collins, CO, USA, 80524
Woodward Inc is an independent designer, manufacturer, and service provider of control solutions for the aerospace and industrial markets. It designs, produces, and service reliable, efficient, low-emission, and high-performance energy control products for diverse applications in challenging environments. The company holds production and assembly facilities primarily in the United States, Europe, and Asia, and promotes products and services through worldwide locations.
Executives
Randall Hobbs officer: President, Industrial 1081 WOODWARD WAY, FORT COLLINS CO 80524
John D Cohn director C/O ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Ronald M Sega director 10877 WILSHIRE BLVD, SUITE 710, LOS ANGELES CA 90024
Christopher Fawzy officer: VP, Gen Counsel & Corp Sec 201 MENTOR DRIVE, SANTA BARBARA CA 93111
Rajeev Bhalla director 1081 WOODWARD WAY, FORT COLLINS CO 80524
Mary D Petryszyn director 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Tana Leigh Utley director C/O SPX TECHNOLOGIES, INC., 6325 ARDREY KELL ROAD, SUITE 400, CHARLOTTE NC 28277
Gregg C Sengstack director FRANKLIN ELECTRIC CO INC, 9255 COVERDALE RD, FORT WAYNE IN 46809
William F. Lacey officer: CFO 1081 WOODWARD WAY, FORT COLLINS CO 80524
Charles P Blankenship director, officer: CEO and President 1081 WOODWARD WAY, FORT COLLINS CO 80524
Mark D Hartman officer: Chief Financial Officer 1081 WOODWARD WAY, FORT COLLINS CO 80524
Paul Donovan director PO BOX 7003, ROCKFORD IL 61125-7003
David P Hess director 390 PARK AVENUE, NEW YORK NY 10022
Mary L Petrovich director
Daniel G. Korte director C/O LMI AEROSPACE, INC., 411 FOUNTAIN LAKE BLVD., ST. CHARLES MO 63301

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