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Ekotechnika AG (XTER:ETE) Total Inventories : €59.7 Mil (As of Sep. 2023)


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What is Ekotechnika AG Total Inventories?

Ekotechnika AG's total inventories for the quarter that ended in Sep. 2023 was €59.7 Mil. Ekotechnika AG's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Sep. 2023 was €61.4 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ekotechnika AG's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was €-10.55.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ekotechnika AG's Days Inventory for the six months ended in Sep. 2023 was 191.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ekotechnika AG's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.95.

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. Ekotechnika AG's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.71.


Ekotechnika AG Total Inventories Historical Data

The historical data trend for Ekotechnika AG'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.

Ekotechnika AG Total Inventories Chart

Ekotechnika AG Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Inventories
Get a 7-Day Free Trial Premium Member Only 38.41 43.32 43.43 60.59 59.68

Ekotechnika AG Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 43.43 45.12 60.59 63.15 59.68

Ekotechnika AG 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.


Ekotechnika AG  (XTER:ETE) 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.

Ekotechnika AG'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)
=(13.991+0.75 * 19.128+0.5 * 59.681-91.275
-0-0.019)/3.14
=-10.55

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

Ekotechnika AG's Days Inventory for the six 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
=61.416/58.535*365 / 2
=191.48

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

Ekotechnika AG'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 )
=58.535 / 61.416
=0.95

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.

Ekotechnika AG'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 )
=61.416 / 87.076
=0.71

* 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.


Ekotechnika AG Total Inventories Related Terms

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Ekotechnika AG (XTER:ETE) Business Description

Traded in Other Exchanges
N/A
Address
Johann-Jakob-Astor-Strasse 49, Walldorf, BW, DEU, 69190
Ekotechnika AG is a dealer of agricultural machinery. The company offers tractors, milking machines, spare parts, customer service and smart farming. Its business segments are classified into new machinery, spare parts, service, and smart farming. Its geographical segments include the Central region, Black earth region, and Siberian region. Majority of its revenue derived from Central region segment.
Executives
Lars Bjarne Buwitt Supervisory Board

Ekotechnika AG (XTER:ETE) Headlines

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