Sono Group NV (Sono Group NV) Total Inventories : $0.00 Mil (As of Jun. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Sono Group NV Total Inventories?

Sono Group NV's total inventories for the quarter that ended in Jun. 2023 was $0.00 Mil. Sono Group NV's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Jun. 2023 was $0.04 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sono Group NV's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-0.85.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Sono Group NV's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.00.

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.

Sono Group NV Total Inventories Historical Data

The historical data trend for Sono Group NV'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.

Sono Group NV Total Inventories Chart

Sono Group NV Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Total Inventories

0.08

Sono Group NV Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23
Total Inventories	Get a 7-Day Free Trial							-	0.16	0.11	0.08	-

Sono Group NV 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.

Sono Group NV (OTCPK:SEVCF) 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.

Sono Group NV'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)
=	(10.322	+	0.75 * 0	+	0.5 * 0	-	103.028
-	0	-	0)	/	108.667
=	-0.85

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

Sono Group NV'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
	=	0.0385	/	0	*	365 / 4
	=

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

Sono Group NV'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 )
	=	0	/	0.0385
	=	0.00

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.

Sono Group NV'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 )
	=	0.0385	/	0
	=

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.

Sono Group NV Total Inventories Related Terms

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

Sono Group NV (Sono Group NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sono Group NV (OTCPK:SEVCF) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Waldmeisterstrasse 76, Munich, DEU, 80935

Website

https://www.sonomotors.com

Sono Group NV is engaged in the field of solar-powered electric mobility. With its proprietary solar technology, the company is able to integrate solar panels into a vehicle's bodywork, using energy captured from the sun to charge the vehicle's battery. The group is engaged in the design and development of its own first solar electric vehicle, the Sion. The company is also involved in process of integrating its solar technology with other manufacturers for different use cases, such as buses, trucks, camper vans, trains, and even boats, to accelerate the transition towards sustainable transportation.