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Springs Global Participacoes (BSP:SGPS3) Total Inventories : R$330 Mil (As of Mar. 2023)


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What is Springs Global Participacoes Total Inventories?

Springs Global Participacoes's total inventories for the quarter that ended in Mar. 2023 was R$330 Mil. Springs Global Participacoes's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Mar. 2023 was R$344 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Springs Global Participacoes's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was R$-38.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Springs Global Participacoes's Days Inventory for the three months ended in Mar. 2023 was 168.26.

Inventory Turnover measures how fast the company turns over its inventory within a year. Springs Global Participacoes's Inventory Turnover for the quarter that ended in Mar. 2023 was 0.54.

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. Springs Global Participacoes's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 2.01.


Springs Global Participacoes Total Inventories Historical Data

The historical data trend for Springs Global Participacoes'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.

Springs Global Participacoes Total Inventories Chart

Springs Global Participacoes Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 405.35 385.44 403.67 517.71 358.15

Springs Global Participacoes Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 506.68 486.32 456.21 358.15 329.84

Springs Global Participacoes 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.


Springs Global Participacoes  (BSP:SGPS3) 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.

Springs Global Participacoes's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2023 is

Net-Net Working Capital Per Share (Q: Mar. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(186.932+0.75 * 134.514+0.5 * 329.839-2388.218
-0-0)/50
=-38.71

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

Springs Global Participacoes's Days Inventory for the three months ended in Mar. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2023 )/Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=343.994/186.554*365 / 4
=168.26

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

Springs Global Participacoes's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2023 ) / Average Total Inventories (Q: Mar. 2023 )
=186.554 / 343.994
=0.54

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.

Springs Global Participacoes's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=343.994 / 171.342
=2.01

* 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.


Springs Global Participacoes Total Inventories Related Terms

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Springs Global Participacoes (BSP:SGPS3) Business Description

Traded in Other Exchanges
N/A
Address
Avenue Lincoln Alves Dos Santos. 955, Montes Claros, MG, BRA, 39404005
Springs Global Participacoes SA is engaged in the textile industry. The company operates in the business of spinning, weaving, finishing, and manufacturing home textile products, bed and bath textile articles such as tablecloths, bed sheets, pillowcases, mattress pads, blankets, towels, shower curtains and bath accessories. The firm operates in Wholesale and Retail business units. It operates production facilities in Brazil, Argentina, and the United States. The wholesale unit accounts for the majority of revenue.

Springs Global Participacoes (BSP:SGPS3) Headlines

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