The Walt Disney Co (The Walt Disney Co) Total Inventories

: $1,954 Mil (As of Dec. 2023)

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The Walt Disney Co's total inventories for the quarter that ended in Dec. 2023 was $1,954 Mil. The Walt Disney Co's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $1,959 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. The Walt Disney Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-42.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The Walt Disney Co's Days Inventory for the three months ended in Dec. 2023 was 11.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. The Walt Disney Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 7.96.

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. The Walt Disney Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.08.

The Walt Disney Co Total Inventories Historical Data

The historical data trend for The Walt Disney Co'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.

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The Walt Disney Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Inventories

1,649.00

1,583.00

1,331.00

1,742.00

1,963.00

The Walt Disney Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories																1,830.00	1,848.00	1,900.00	1,963.00	1,954.00

The Walt Disney Co 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.

The Walt Disney Co (NYSE:DIS) 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.

The Walt Disney Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(7192	+	0.75 * 14115	+	0.5 * 1954	-	92273
-	0	-	4780)	/	1834
=	-42.69

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

The Walt Disney Co's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	1958.5	/	15587	*	365 / 4
	=	11.47

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

The Walt Disney Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	15587	/	1958.5
	=	7.96

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.

The Walt Disney Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	1958.5	/	23549
	=	0.08

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.

The Walt Disney Co Total Inventories Related Terms

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The Walt Disney Co (The Walt Disney Co) Business Description

Industry

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Traded in Other Exchanges

DIS:Mexico DIS_KZ:Kazakhstan 1DIS:Italy WDPd:UK 0QZO:UK WDP0:Germany WDP:Germany WDP:Germany WDP:Germany WDP:Germany DIS:Chile DIS:Canada DISB34:Brazil DIS:Austria DIS:Argentina

Address

500 South Buena Vista Street, Burbank, CA, USA, 91521

Website

https://www.thewaltdisneycompany.com

Disney operates in three global business segments: entertainment, sports, and experiences. Entertainment and experiences both benefit from franchises and characters the firm has created over the course of a century. Entertainment includes the ABC broadcast network, several cable television networks, and the Disney+ and Hulu streaming services. Within the segment, Disney also engages in movie and television production and distribution, with content licensed to movie theaters, other content providers, or, increasingly, kept in-house for use on Disney's own streaming platform and television networks. The sports segment houses ESPN and the ESPN+ streaming service. Experiences contains Disney's theme parks and vacation destinations, and also benefits from merchandise licensing.

Executives

Sonia L Coleman	officer: Sr. EVP and Chief HR Officer	500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Brent Woodford	officer: EVP, Control, Fin Plan & Tax	1441 GARDINER LANE, LOUISVILLE KY 40213
Amy Chang	director	2100 SEAPORT BLVD., C/O INFORMATICA CORPORATION, REDWOOD CITY CA 94063
Kevin A Lansberry	officer: Interim Chief Finan Officer	500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Christine M Mccarthy	officer: SEVP-Chief Financial Officer	500 SOUTH BUENA VISTA STREET, BURBANK CA 91521-0964
Carolyn Everson	director	C/O THE HERTZ CORPORATION, 225 BRAE BOULEVARD, PARK RIDGE NJ 07656-0713
Kristina K Schake	officer: Sr. EVP and Chief Comm Officer	500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Horacio E Gutierrez	officer: Sr EVP, General Counsel & Secy	500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Geoff Morrell	officer: SEVP Chf Corp Affairs Officer	500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Robert A Chapek	officer: Chief Executive Officer	500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Paul J Richardson	officer: Sr. EVP and Chief HR Officer	500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Calvin Mcdonald	director	C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J 1C7
Robert A Iger	director, officer: Chairman and CEO	C/O WALT DISNEY CO, 500 S BUENA VISTA STREET, BURBANK CA 91521-1062
Zenia B. Mucha	officer: SEVP Corporate Communications	500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Mary Jayne Parker	officer: SEVP and Chief HR Officer	500 SOUTH BUENA VISTA STREET, BURBANK CA 91521-0966