Piraeus Port Authority (LTS:0FHO) Total Inventories : €3.6 Mil (As of Jun. 2024)

View and export this data going back to . Start your Free Trial

What is Piraeus Port Authority Total Inventories?

Piraeus Port Authority's total inventories for the quarter that ended in Jun. 2024 was €3.6 Mil. Piraeus Port Authority's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was €3.8 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Piraeus Port Authority's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €-0.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Piraeus Port Authority's Days Inventory for the six months ended in Jun. 2024 was 15.56.

Inventory Turnover measures how fast the company turns over its inventory within a year. Piraeus Port Authority's Inventory Turnover for the quarter that ended in Jun. 2024 was 11.73.

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. Piraeus Port Authority's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.04.

Piraeus Port Authority Total Inventories Historical Data

The historical data trend for Piraeus Port Authority'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.

Piraeus Port Authority Total Inventories Chart

Piraeus Port Authority Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

3.20

3.70

3.33

3.52

4.02

Piraeus Port Authority Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Inventories	Get a 7-Day Free Trial															3.19	3.52	3.43	4.02	3.63

Piraeus Port Authority 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.

Piraeus Port Authority (LTS:0FHO) 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.

Piraeus Port Authority's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

	Net-Net Working Capital Per Share (Q: Jun. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(209.072	+	0.75 * 20.531	+	0.5 * 3.627	-	248.513
-	0	-	0)	/	25
=	-0.89

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

Piraeus Port Authority's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	3.823	/	44.842	*	365 / 2
	=	15.56

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

Piraeus Port Authority's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2024 )	/	Average Total Inventories (Q: Jun. 2024 )
	=	44.842	/	3.823
	=	11.73

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.

Piraeus Port Authority's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	3.823	/	107.059
	=	0.04

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.

Piraeus Port Authority Total Inventories Related Terms

Thank you for viewing the detailed overview of Piraeus Port Authority's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Piraeus Port Authority Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Piraeus Port Authority SA (LTS:0FHO) » Definitions » Total Inventories

Traded in Other Exchanges

PPA:Greece PZE:Germany

Address

10 Akti Miaouli Street, Piraeus, GRC, 18538

Website

https://www.olp.gr

Piraeus Port Authority SA is engaged in the management and operation of Piraeus port. The main activities of the company are anchoring services of vessels, handling cargo, loading and unloading services as well as goods storage and car transportation. The company is also responsible for the maintenance of port facilities, the supply of port services (water, electricity, telephone connection, and supply), for services provided to travelers (coastal and cruise ships), and for renting space to third parties. Business operating segments include Container Terminal, Car Terminal, Coasting, Cruise, Ship repairing, and Other segments which include water supply, space management, and merchandise management. Substantial revenue is derived from the Container Terminal segment.

Piraeus Port Authority Headlines

No Headlines