Petro Welt Technologies AG (FRA:O2C) Total Inventories : €2.56 Mil (As of Jun. 2023)

View and export this data going back to 2006. Start your Free Trial

Petro Welt Technologies AG Total Inventories Definition

Petro Welt Technologies AG's total inventories for the quarter that ended in Jun. 2023 was €2.56 Mil. Petro Welt Technologies AG's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Jun. 2023 was €2.57 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Petro Welt Technologies AG's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was €-1.66.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Petro Welt Technologies AG's Days Inventory for the three months ended in Jun. 2023 was 62.81.

Inventory Turnover measures how fast the company turns over its inventory within a year. Petro Welt Technologies AG's Inventory Turnover for the quarter that ended in Jun. 2023 was 1.45.

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. Petro Welt Technologies AG's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.50.

Petro Welt Technologies AG Total Inventories Historical Data

The historical data trend for Petro Welt Technologies 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.

Petro Welt Technologies AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Inventories

Get a 7-Day Free Trial

32.35

43.53

35.65

36.57

2.64

Petro Welt Technologies AG Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23
Total Inventories	Get a 7-Day Free Trial															-	61.78	2.64	2.58	2.56

Petro Welt Technologies 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.

Petro Welt Technologies AG (FRA:O2C) 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.

Petro Welt Technologies AG's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is

	Net-Net Working Capital Per Share (Q: Jun. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(56.403	+	0.75 * 1.308	+	0.5 * 2.555	-	139.993
-	0	-	0)	/	48.85
=	-1.66

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

Petro Welt Technologies AG's Days Inventory for the three months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	2.569	/	3.732	*	365 / 4
	=	62.81

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

Petro Welt Technologies AG's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2023 )	/	Average Total Inventories (Q: Jun. 2023 )
	=	3.732	/	2.569
	=	1.45

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.

Petro Welt Technologies AG's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	2.569	/	5.096
	=	0.50

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.

Petro Welt Technologies AG Total Inventories Related Terms

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

Petro Welt Technologies AG (FRA:O2C) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petro Welt Technologies AG (FRA:O2C) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Karntner Ring 11-13, Vienna, AUT, 1010

Website

https://www.pewete.com

Petro Welt Technologies AG is a service provider of oilfield services in Russia & Kazakhstan. The operating segment of the company is Well Services & Stimulation, Drilling, Sidetracking, Integrated Project Management (IPM), and Proppant Manufacturing. The Well Services & Stimulation segment comprises hydraulic fracturing, cementing, & coiled tubing, with a focus on hydraulic fracturing, a method of well stimulation. The Drilling, Sidetracking, & IPM segment encompasses conventional drilling, sidetrack drilling, & IPM. The Proppant Manufacturing segment offers goods for the oil & natural gas industry & manufactures different kinds of Proppant in Kopeysk, Russia. The majority is from the Well Services and Stimulation segment. Geographically, key revenue is from Russia.

Petro Welt Technologies AG (FRA:O2C) Headlines

No Headlines