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Whole Foods Market (Whole Foods Market) Total Inventories : $483 Mil (As of Jun. 2017)


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What is Whole Foods Market Total Inventories?

Whole Foods Market's total inventories for the quarter that ended in Jun. 2017 was $483 Mil. Whole Foods Market's average total inventories from the quarter that ended in Mar. 2017 to the quarter that ended in Jun. 2017 was $496 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Whole Foods Market's Net-Net Working Capital per share for the quarter that ended in Jun. 2017 was $-5.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Whole Foods Market's Days Inventory for the three months ended in Jun. 2017 was 18.40.

Inventory Turnover measures how fast the company turns over its inventory within a year. Whole Foods Market's Inventory Turnover for the quarter that ended in Jun. 2017 was 4.96.

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. Whole Foods Market's Inventory-to-Revenue for the quarter that ended in Jun. 2017 was 0.13.


Whole Foods Market Total Inventories Historical Data

The historical data trend for Whole Foods Market'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.

Whole Foods Market Total Inventories Chart

Whole Foods Market Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 374.00 414.00 441.00 500.00 517.00

Whole Foods Market Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 523.00 517.00 554.00 508.00 483.00

Whole Foods Market 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.


Whole Foods Market  (NAS:WFM) 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.

Whole Foods Market's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2017 is

Net-Net Working Capital Per Share (Q: Jun. 2017 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(999+0.75 * 246+0.5 * 483-3152
-0-0)/320.1
=-5.40

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

Whole Foods Market's Days Inventory for the three months ended in Jun. 2017 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2017 )/Cost of Goods Sold (Q: Jun. 2017 )*Days in Period
=495.5/2457*365 / 4
=18.40

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

Whole Foods Market's Inventory Turnover for the quarter that ended in Jun. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2017 ) / Average Total Inventories (Q: Jun. 2017 )
=2457 / 495.5
=4.96

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.

Whole Foods Market's Inventory to Revenue for the quarter that ended in Jun. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2017 ) / Revenue (Q: Jun. 2017 )
=495.5 / 3725
=0.13

* 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.


Whole Foods Market Total Inventories Related Terms

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Whole Foods Market (Whole Foods Market) Business Description

Traded in Other Exchanges
N/A
Address
Whole Foods Market is the world's leading retailer of natural and organic foods by units and is the first certified organic grocer in the United States. Whole Foods' only operating segment consists of natural and organic foods supermarkets. As of fiscal 2016, the company had 456 stores in the United States, Canada, and the United Kingdom. The average store size is about 39,000 square feet. About 15% of the company's sales were derived from the sale of private-label products. The company announced a pending acquisition by Amazon in June 2017.
Executives
Scott F Powers director STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Sharon Mccollam director C/O OFFICEMAX INCORPORATED, 263 SHUMAN BLVD., NAPERVILLE IL 60563
Ken C Hicks director 150 N. ORANGE GROVE BLVD, PASADENA CA 91103
Mary Ellen Coe director 2000 GALLOPING HILL ROAD, KENILWORTH NJ 07033
Gabrielle Sulzberger director 450 LEXINGTON AVENUE, FLOOR 13, NEW YORK NY 10017
Glenda J Flanagan officer: Executive Vice President 550 BOWIE STREET, AUSTIN TX 78703
Joseph D Mansueto director C/O MORNINGSTAR, INC., 225 WEST WACKER DRIVE, CHICAGO IL 60606
Robb Walter E Iv director 550 BOWIE STREET, AUSTIN TX 78703
Ralph Z Sorenson director WHOLE FOODS MARKET, INC. 550 BOWIE STREET AUSTIN TX 78703
William A Tindell director 500 FREEPORT PARKWAY, COPPELL TX 75019
Green Equity Investors V, L.p. other: See General Remarks. 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Gei Capital V, Llc other: See General Remarks. 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Green Equity Investors Side V, L.p. other: See General Remarks. 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Green V Holdings, Llc other: See General Remarks. 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Lgp Management Inc other: See General Remarks. 11111 SANTA MONICA BLVD, STE 2000, LOS ANGELES CA 90025

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