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B/E Aerospace (B/E Aerospace) Total Inventories : $1,259 Mil (As of Dec. 2016)


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What is B/E Aerospace Total Inventories?

B/E Aerospace's total inventories for the quarter that ended in Dec. 2016 was $1,259 Mil. B/E Aerospace's average total inventories from the quarter that ended in Sep. 2016 to the quarter that ended in Dec. 2016 was $1,255 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. B/E Aerospace's Net-Net Working Capital per share for the quarter that ended in Dec. 2016 was $-20.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. B/E Aerospace's Days Inventory for the three months ended in Dec. 2016 was 250.35.

Inventory Turnover measures how fast the company turns over its inventory within a year. B/E Aerospace's Inventory Turnover for the quarter that ended in Dec. 2016 was 0.36.

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. B/E Aerospace's Inventory-to-Revenue for the quarter that ended in Dec. 2016 was 1.72.


B/E Aerospace Total Inventories Historical Data

The historical data trend for B/E Aerospace'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.

B/E Aerospace Total Inventories Chart

B/E Aerospace Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,752.90 1,943.80 925.20 1,091.90 1,258.90

B/E Aerospace Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 1,091.90 1,152.10 1,198.10 1,252.00 1,258.90

B/E Aerospace 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.


B/E Aerospace  (NAS:BEAV) 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.

B/E Aerospace's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2016 is

Net-Net Working Capital Per Share (Q: Dec. 2016 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(202+0.75 * 353.5+0.5 * 1258.9-3153.6
-0-0)/101.5
=-20.27

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

B/E Aerospace's Days Inventory for the three months ended in Dec. 2016 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2016 )/Cost of Goods Sold (Q: Dec. 2016 )*Days in Period
=1255.45/457.6*365 / 4
=250.35

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

B/E Aerospace's Inventory Turnover for the quarter that ended in Dec. 2016 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2016 ) / Average Total Inventories (Q: Dec. 2016 )
=457.6 / 1255.45
=0.36

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.

B/E Aerospace's Inventory to Revenue for the quarter that ended in Dec. 2016 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2016 ) / Revenue (Q: Dec. 2016 )
=1255.45 / 730.4
=1.72

* 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.


B/E Aerospace Total Inventories Related Terms

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B/E Aerospace (B/E Aerospace) Business Description

Traded in Other Exchanges
N/A
Address
B/E Aerospace Inc is a Delaware corporation incorporated in 1987. The Company manufactures aircraft cabin interior products. It designs, develops and manufactures products for both commercial aircrafts and business jets. It offers products including aircraft cabin seating, lighting systems, oxygen systems, food and beverage preparation and storage equipment, galley systems, and modular lavatory systems. It also provides cabin interior reconfiguration, program management and certification services. In addition, it also designs, engineers and manufactures customized and fully integrated thermal and power management solutions. The Company sells and supports its products through its direct sales and product support organization. The Company's operations are subject to changing federal, state and foreign laws and regulations establishing health and environmental quality standards, including those governing discharges of pollutants into the air and water and the management and disposal of hazardous substances and wastes.
Executives
James F Albaugh director C/O THE BOEING COMPANY, 100 NORTH RIVERSIDE PLAZA, CHICAGO IL 60606
David J Anderson director C/O HONEYWELL INTERNATIONAL INC, 101 COLUMBIA ROAD, MORRISTOWN NJ 09762
Mary M Vandeweghe director 1601 W. DIEHL ROAD, NAPERVILLE IL 60563
Amin J Khoury director, officer: Executive Chairman 1300 CORPORATE CENTER WAY, WELLINGTON FL 33414
Joseph T Lower officer: VP and CFO 200 SW 1ST AVE, SUITE 1600, FORT LAUDERDALE FL 33301
Richard Hamermesh director C/O BE AEROSPACE, INC., 1400 CORPORATE CENTER WAY, WELLINGTON FL 33414
John T Whates director 1400 CORPORATE CENTER WAY, WELLINGTON FL 33414
John A Cuomo officer: Vice President & GM 6348 WALKER LANE, ALEXANDRIA VA 22310
Thomas P Mccaffrey officer: Sr. VP & CFO 1300 CORPORATE CENTER WAY, WELLINGTON FL 33414
Charles L Chadwell director C/O BE AEROSPACE, INC., 1400 CORPORATE CENTER WAY, WELLINGTON FL 33414
Kyri Loupis other: VP/CFO Consumable Mgmt Grp C/O JULIEN YOO, GOLDMAN SACHS, 200 WEST STREET, NEW YORK NY 10282
David C Hurley director C/O BE AEROSPACE INC, 1400 CORPORATE CENTERWAY, WELLINGTON FL 33414
Brian H Rowe director 538 COMMONS DRIVE, GOLDEN CO 80401

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