Webco Industries (Webco Industries) Change In Inventory : $36.3 Mil (TTM As of Jul. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Webco Industries Change In Inventory?

Webco Industries's change in inventory for the quarter that ended in Jul. 2023 was $36.3 Mil. It means Webco Industries's inventory declined by $36.3 Mil from Jul. 2018 to Jul. 2023 .

Webco Industries's change in inventory for the fiscal year that ended in Jul. 2023 was $36.3 Mil. It means Webco Industries's inventory declined by $36.3 Mil from Jul. 2018 to Jul. 2023 .

Webco Industries's Total Inventories for the quarter that ended in Jul. 2023 was $208.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Webco Industries's Days Inventory for the quarter that ended in Jul. 2023 was 57.86.

Inventory Turnover measures how fast the company turns over its inventory within a year. Webco Industries's Inventory Turnover for the quarter that ended in Jul. 2023 was 3.15.

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. Webco Industries's Inventory-to-Revenue for the quarter that ended in Jul. 2023 was 0.28.

Webco Industries Change In Inventory Historical Data

The historical data trend for Webco Industries's Change In Inventory 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.

Webco Industries Change In Inventory Chart

Webco Industries Annual Data

Trend

Jul05

Jul06

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul23

Change In Inventory

Get a 7-Day Free Trial

36.34

Webco Industries Semi-Annual Data
	Jul95	Jul96	Jul97	Jul98	Jul99	Jul00	Jul01	Jul02	Jul03	Jul04	Jul05	Jul06	Jul12	Jul13	Jul14	Jul15	Jul16	Jul17	Jul18	Jul23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	36.34

Webco Industries Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Jul. 2023 was $36.3 Mil.

Webco Industries (OTCPK:WEBC) Change In Inventory Explanation

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

Webco Industries's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	189.434	/	597.544	*	365 / 2
	=	57.86

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

Webco Industries's Inventory Turnover for the quarter that ended in Jul. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	597.544	/	189.434
	=	3.15

3. 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.

Webco Industries's Inventory to Revenue for the quarter that ended in Jul. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	189.434	/	686.916
	=	0.28

Webco Industries Change In Inventory Related Terms

Thank you for viewing the detailed overview of Webco Industries's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Webco Industries (Webco Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Webco Industries Inc (OTCPK:WEBC) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

9101 West 21st Street S, P.O. Box 100, Sand Springs, OK, USA, 74063

Website

https://www.webcotube.com

Webco Industries Inc is a specialty manufacturer of high-quality carbon and stainless steel tubing products that are designed to industry and customer specifications. The company's products include Welded tubing; Cold drawn- Welded and Cold drawn- Seamless. Its value-added services include bending, custom mill length, end formed/swaged, finning, heat treating, packaging, precision cutting, product availability and responsiveness.

Executives

Dana Suzette Weber	director, 10 percent owner, officer: Pres and COO
F William Weber	director, 10 percent owner, officer: Chmn and CEO
Bradley Scott Vetal	director	10701 E UTE STREET, TULSA OK 74116
Jack D Mccarthy	director
David Edward Boyer	officer: Sr VP - Tubing Oper and Secy
Michael Paul Howard	officer: Sr VP - Fin and Adm / CFO
Kenneth Eugene Case	director
Christopher Lee Kowalski	director, officer: Pres of 100% owned sub