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Finsbury Food Group (FRA:GYZ) Total Inventories : €27.1 Mil (As of Jun. 2023)


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What is Finsbury Food Group Total Inventories?

Finsbury Food Group's total inventories for the quarter that ended in Jun. 2023 was €27.1 Mil. Finsbury Food Group's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Jun. 2023 was €29.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Finsbury Food Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was €-0.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Finsbury Food Group's Days Inventory for the six months ended in Jun. 2023 was 29.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. Finsbury Food Group's Inventory Turnover for the quarter that ended in Jun. 2023 was 6.13.

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. Finsbury Food Group's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.11.


Finsbury Food Group Total Inventories Historical Data

The historical data trend for Finsbury Food Group'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.

Finsbury Food Group Total Inventories Chart

Finsbury Food Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.61 16.25 17.49 27.12 27.11

Finsbury Food Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 17.49 22.84 27.12 31.91 27.11

Finsbury Food Group 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.


Finsbury Food Group  (FRA:GYZ) 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.

Finsbury Food Group's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is

Net-Net Working Capital Per Share (Q: Jun. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(13.039+0.75 * 75.989+0.5 * 27.105-157.452
-0-0.533)/132.795
=-0.56

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

Finsbury Food Group's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=29.5085/180.807*365 / 2
=29.78

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

Finsbury Food Group's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=180.807 / 29.5085
=6.13

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.

Finsbury Food Group's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=29.5085 / 259.657
=0.11

* 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.


Finsbury Food Group Total Inventories Related Terms

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Finsbury Food Group (FRA:GYZ) Business Description

Traded in Other Exchanges
N/A
Address
Maes-y-coed Road, Cardiff, GBR, CF14 4XR
Finsbury Food Group PLC is a United Kingdom-based bakery manufacturer. The company is engaged in producing a range of cakes, bread and bakery snack products for retailers and the foodservice channel. Its segments include UK bakery and Overseas. most of its revenue is generated from its UK bakery segment. Geographically the company operates in the United Kingdom; Europe; and Rest of the world and it earns most of its revenue from United Kingdom segment. Finsbury Food offers products like rolls, artisan bread, hot cross buns, muffins and morning pastries for both the retail and foodservice sectors.

Finsbury Food Group (FRA:GYZ) Headlines

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