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Travel+Leisure Co (Travel+Leisure Co) Total Inventories : $1,187 Mil (As of Mar. 2024)


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What is Travel+Leisure Co Total Inventories?

Travel+Leisure Co's total inventories for the quarter that ended in Mar. 2024 was $1,187 Mil. Travel+Leisure Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $1,161 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Travel+Leisure Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-94.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Travel+Leisure Co's Days Inventory for the three months ended in Mar. 2024 was 1,581.21.

Inventory Turnover measures how fast the company turns over its inventory within a year. Travel+Leisure Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.06.

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. Travel+Leisure Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.27.


Travel+Leisure Co Total Inventories Historical Data

The historical data trend for Travel+Leisure 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.

* Premium members only.

Travel+Leisure Co Total Inventories Chart

Travel+Leisure Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,199.00 1,347.00 1,216.00 1,193.00 1,135.00

Travel+Leisure Co 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 1,158.00 1,148.00 1,149.00 1,135.00 1,187.00

Travel+Leisure 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.


Travel+Leisure Co  (NYSE:TNL) 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.

Travel+Leisure Co'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)
=(479+0.75 * 187+0.5 * 1187-7948
-0-1)/71.2635
=-94.53

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

Travel+Leisure Co'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
=1161/67*365 / 4
=1,581.21

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

Travel+Leisure Co'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 )
=67 / 1161
=0.06

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.

Travel+Leisure Co'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 )
=1161 / 916
=1.27

* 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.


Travel+Leisure Co Total Inventories Related Terms

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Travel+Leisure Co (Travel+Leisure Co) Business Description

Traded in Other Exchanges
Address
6277 Sea Harbor Drive, Orlando, FL, USA, 32821
Travel+Leisure Co is a membership and leisure travel company. It provides hospitality services and travel products. The company operates in the segments of Vacation Ownership, which is the key revenue-driving segment, develops, markets and sells vacation ownership interests (VOIs) to individual consumers, provides consumer financing in connection with the sale of VOIs, and provides property management services at resorts and Travel and Membership which operates a variety of travel businesses, including three vacation exchange brands, a home exchange network, travel technology platforms, travel memberships, and direct-to-consumer rentals. Majority of the revenue is earned from United States.
Executives
Olivier Chavy officer: See remarks C/O TRAVEL + LEISURE CO., 6277 SEA HARBOR DRIVE, ORLANDO FL 32821
George Herrera director HERRERA-CRISTINA GROUP, LTD., 4222 FORTUNA CENTER PLAZA, #621, MONTCLAIR VA 22025
Michael Dean Brown director, officer: See Remarks C/O WYNDHAM WORLDWIDE CORPORATION, 22 SYLVAN WAY, PARSIPPANY NJ 07054
Amandine Robin-caplan officer: See remarks C/O TRAVEL + LEISURE CO., 6277 SEA HARBOR DRIVE, ORLANDO FL 32821
Thomas Michael Duncan officer: SVP, Chief Accounting Officer C/O TRAVEL + LEISURE CO., 6277 SEA HARBOR DRIVE, ORLANDO FL 32821
James J Savina officer: See Remarks ONE PPG PLACE, PITTSBURGH PA 15222
Geoffrey Richards officer: See Remarks C/O WYNDHAM WORLDWIDE CORPORATION, 22 SYLVAN WAY, PARSIPPANY NJ 07054
Sy Esfahani officer: Chief Technology Officer C/O TRAVEL + LEISURE CO., 6277 SEA HARBOR DRIVE, ORLANDO FL 32821
Lucinda Martinez director C/O TRAVEL + LEISURE CO., 6277 SEA HARBOR DRIVE, ORLANDO FL 32821
Stephen P Holmes director C/O CENDANT, 9 WEST 57TH, NEW YORK NY 10019
Denny Marie Post director C/O BURGER KING HOLDINGS, INC., 5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Noah Brodsky officer: Chief Brand Officer C/O WYNDHAM WORLDWIDE CORPORATION, 22 SYLVAN WAY, PARSIPPANY NJ 07054
Kimberly Marshall officer: Chief Human Resources Officer C/O WYNDHAM WORLDWIDE CORPORATION, 22 SYLVAN WAY, PARSIPPANY NJ 07054
Brad Dettmer officer: Chief Information Officer C/O WYNDHAM WORLDWIDE CORPORATION, 22 SYLVAN WAY, PARSIPPANY NJ 07054
Michael H Wargotz director AXCESS WORLDWIDE, 515 MADISON AVE., 15TH FLOOR, NEW YORK NY 10022