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Refinaria De Petroleos Manguinhos (BSP:RPMG3) Total Inventories : R$1,792 Mil (As of Sep. 2023)


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What is Refinaria De Petroleos Manguinhos Total Inventories?

Refinaria De Petroleos Manguinhos's total inventories for the quarter that ended in Sep. 2023 was R$1,792 Mil. Refinaria De Petroleos Manguinhos's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was R$976 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Refinaria De Petroleos Manguinhos's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was R$-144.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Refinaria De Petroleos Manguinhos's Days Inventory for the three months ended in Sep. 2023 was 57.56.

Inventory Turnover measures how fast the company turns over its inventory within a year. Refinaria De Petroleos Manguinhos's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.59.

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. Refinaria De Petroleos Manguinhos's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.77.


Refinaria De Petroleos Manguinhos Total Inventories Historical Data

The historical data trend for Refinaria De Petroleos Manguinhos'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.

Refinaria De Petroleos Manguinhos Total Inventories Chart

Refinaria De Petroleos Manguinhos Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 122.60 172.04 149.73 68.16 521.47

Refinaria De Petroleos Manguinhos Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 248.22 521.47 414.36 159.85 1,792.05

Refinaria De Petroleos Manguinhos 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.


Refinaria De Petroleos Manguinhos  (BSP:RPMG3) 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.

Refinaria De Petroleos Manguinhos's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.208+0.75 * 424.799+0.5 * 1792.047-10983.645
-0--1.77)/67.6843
=-144.29

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

Refinaria De Petroleos Manguinhos's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=975.95/1547.09*365 / 4
=57.56

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

Refinaria De Petroleos Manguinhos's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=1547.09 / 975.95
=1.59

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.

Refinaria De Petroleos Manguinhos's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=975.95 / 1271.491
=0.77

* 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.


Refinaria De Petroleos Manguinhos Total Inventories Related Terms

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Refinaria De Petroleos Manguinhos (BSP:RPMG3) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Brasil, 3141, Manguinhos, Rio de Janeiro, RJ, BRA, 20930041
Refinaria De Petroleos Manguinhos SA is engaged in the operation of the oil refinery, import, sale and export of crude oil and its derivatives, and provision of services related to the refining activity, among others.

Refinaria De Petroleos Manguinhos (BSP:RPMG3) Headlines

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