Ceconomy AG (Ceconomy AG) Total Inventories : $3,870 Mil (As of Dec. 2023)

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What is Ceconomy AG Total Inventories?

Ceconomy AG's total inventories for the quarter that ended in Dec. 2023 was $3,870 Mil. Ceconomy AG's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $3,492 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ceconomy AG's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-2.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ceconomy AG's Days Inventory for the three months ended in Dec. 2023 was 50.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ceconomy AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.81.

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. Ceconomy AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.46.

Ceconomy AG Total Inventories Historical Data

The historical data trend for Ceconomy AG'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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Ceconomy AG Total Inventories Chart

Ceconomy AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Inventories

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2,806.17

3,473.50

3,660.00

3,144.55

3,114.19

Ceconomy AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial															3,552.97	3,277.30	3,149.51	3,114.19	3,870.23

Ceconomy AG 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.

Ceconomy AG (OTCPK:MTTRY) 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.

Ceconomy AG'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)
=	(2700.109	+	0.75 * 2371.865	+	0.5 * 3870.229	-	12730.643
-	0	-	3.272)	/	2426.11
=	-2.60

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

Ceconomy AG'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
	=	3492.2115	/	6314.068	*	365 / 4
	=	50.47

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

Ceconomy AG'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 )
	=	6314.068	/	3492.2115
	=	1.81

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.

Ceconomy AG'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 )
	=	3492.2115	/	7616.14
	=	0.46

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.

Ceconomy AG Total Inventories Related Terms

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Ceconomy AG (Ceconomy AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ceconomy AG (OTCPK:MTTRY) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

1CEC:Italy CECd:UK 0MPM:UK CEC:Germany CEC:Germany CEC:Germany CEC:Germany CEC:Austria

Address

Kaistrasse 3, Dusseldorf, NW, DEU, 40221

Website

https://www.ceconomy.de

Ceconomy AG is engaged in the consumer electronics retail business. It operates multichannel consumer electronics stores under the MediaMarkt and Saturn brand names; redcoon.de, an online electronics store; and JUKE, a music streaming service that comprises songs, films, games, and e-books. The company also operates iBOOD, a live-shopping portal; Flip4New, a purchasing service for consumer electronics, which allows customers to sell used electronic articles; and LocaFox, a local commerce platform that connects local retailers with the multichannel world. Its operating segment includes DACH; Western/ Southern Europe; Eastern Europe and others. The company derives a majority of its revenue from the DACH segment which includes Germany, Austria, Switzerland, and Hungary.

Ceconomy AG (Ceconomy AG) Headlines

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