Relais Group (OHEL:RELAIS) Total Inventories : €73.1 Mil (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Relais Group Total Inventories?

Relais Group's total inventories for the quarter that ended in Mar. 2024 was €73.1 Mil. Relais Group's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was €72.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Relais Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-7.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Relais Group's Days Inventory for the three months ended in Mar. 2024 was 147.74.

Inventory Turnover measures how fast the company turns over its inventory within a year. Relais Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.62.

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. Relais Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.87.

Relais Group Total Inventories Historical Data

The historical data trend for Relais 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.

Relais Group Total Inventories Chart

Relais Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

41.66

42.27

73.35

66.51

71.20

Relais Group Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial															66.38	68.61	73.94	71.20	73.10

Relais 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.

Relais Group (OHEL:RELAIS) 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.

Relais Group's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(10.291	+	0.75 * 46.932	+	0.5 * 73.1	-	212.273
-	0	-	0)	/	18.1323
=	-7.18

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

Relais Group's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	72.151	/	44.564	*	365 / 4
	=	147.74

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

Relais Group's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	44.564	/	72.151
	=	0.62

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.

Relais Group's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	72.151	/	82.756
	=	0.87

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.

Relais Group Total Inventories Related Terms

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

Relais Group (OHEL:RELAIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Relais Group PLC (OHEL:RELAIS) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mannerheimintie 105, Helsinki, FIN, 00280

Website

https://www.relais.fi

Relais Group PLC is engaged in the development of automotive electrical equipment and spare parts. The company operates through various brands comprising of Startax, Awimex, ABR, and Huzells. The company has two reportable segments involve Finland&Baltics and Scandinavia. The Finland&Baltics segment sells car spare parts, equipment and commercial vehicle repair and maintanance services through companies operating in Finland, Estonia and Latvia. The Scandinavia segment also sells car spare parts, equipment and commercial vehicle repair and maintanance services through its companies in Sweden, Norway and Denmark. Majority of revenue is derived from Scandinavia.

Relais Group (OHEL:RELAIS) Headlines

No Headlines