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Pargesa Holding (XSWX:PARG) Total Inventories : CHF863 Mil (As of Jun. 2020)


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What is Pargesa Holding Total Inventories?

Pargesa Holding's total inventories for the quarter that ended in Jun. 2020 was CHF863 Mil. Pargesa Holding's average total inventories from the quarter that ended in Dec. 2019 to the quarter that ended in Jun. 2020 was CHF891 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Pargesa Holding's Net-Net Working Capital per share for the quarter that ended in Jun. 2020 was CHF-132.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pargesa Holding's Days Inventory for the six months ended in Jun. 2020 was 198.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pargesa Holding's Inventory Turnover for the quarter that ended in Jun. 2020 was 0.92.

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. Pargesa Holding's Inventory-to-Revenue for the quarter that ended in Jun. 2020 was 0.29.


Pargesa Holding Total Inventories Historical Data

The historical data trend for Pargesa Holding'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.

Pargesa Holding Total Inventories Chart

Pargesa Holding Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 843.10 804.60 997.80 1,016.40 918.40

Pargesa Holding Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 1,043.20 1,016.40 965.20 918.40 862.80

Pargesa Holding 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.


Pargesa Holding  (XSWX:PARG) 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.

Pargesa Holding's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2020 is

Net-Net Working Capital Per Share (Q: Jun. 2020 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3250.1+0.75 * 971.7+0.5 * 862.8-11126
-0-13741.6)/154.295
=-132.59

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

Pargesa Holding's Days Inventory for the six months ended in Jun. 2020 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2020 )/Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=890.6/819.7*365 / 2
=198.29

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

Pargesa Holding's Inventory Turnover for the quarter that ended in Jun. 2020 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2020 ) / Average Total Inventories (Q: Jun. 2020 )
=819.7 / 890.6
=0.92

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.

Pargesa Holding's Inventory to Revenue for the quarter that ended in Jun. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2020 ) / Revenue (Q: Jun. 2020 )
=890.6 / 3068.6
=0.29

* 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.


Pargesa Holding Total Inventories Related Terms

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Pargesa Holding (XSWX:PARG) Business Description

Traded in Other Exchanges
N/A
Address
11, Grand Rue, Geneva, CHE, 1204
Pargesa Holding is a holding company. The company owns 50% of Groupe Bruxelles Lambert, a traded holding company with sizable investments in large European industrial firms such as LafargeHolcim, SGS, Imerys, and Adidas.

Pargesa Holding (XSWX:PARG) Headlines

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