Novares Group (XPAR:NVS) Inventories, Finished Goods: €20.73 Mil (As of Jun. 2017)

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Director of Data and Quant Analytics at GuruFocus
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What is Novares Group Inventories, Finished Goods?

Novares Group XPAR:NVS Inventories, Finished Goods is €20.73 Mil as of Jun. 2017.

Novares Group's quarterly finished goods stayed the same from Jun. 2016 (€0.00 Mil) to Dec. 2016 (€0.00 Mil) but then increased from Dec. 2016 (€0.00 Mil) to Jun. 2017 (€20.73 Mil).

Novares Group Inventories, Finished Goods Historical Data

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The historical data trend for Novares Group's Inventories, Finished Goods 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.

Novares Group Inventories, Finished Goods Chart

Novares Group Annual Data
Trend Dec16
Inventories, Finished Goods
0.00

Novares Group Semi-Annual Data
Jun16 Dec16 Jun17
Inventories, Finished Goods 0.00 0.00 20.73

Novares Group Inventories, Finished Goods Calculation

The products in a manufacturer's inventory that are completed and are waiting to be sold.

What does a Inventories, Finished Goods of €20.73 Mil mean?
Novares Group (XPAR:NVS) has a Inventories, Finished Goods of €20.73 Mil as of Jun. 2017. Finished goods are inventory items that are complete and ready to be sold. View historical data on Novares Group and its competitors.
Is Novares Group's Inventories, Finished Goods too high?
Novares Group's current Inventories, Finished Goods is €20.73 Mil.
How does Novares Group's Inventories, Finished Goods compare to ?
Novares Group's Inventories, Finished Goods of €20.73 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Finished Goods for a Vehicles & Parts company?
A good Inventories, Finished Goods depends on the Vehicles & Parts industry context. However, Inventories, Finished Goods should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventories, Finished Goods mean?
A high Inventories, Finished Goods can signal that a stock is expensive relative to its fundamentals. Finished goods are inventory items that are complete and ready to be sold. View historical data on Novares Group and its competitors. Novares Group's current Inventories, Finished Goods is €20.73 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novares Group stock overvalued right now?
Novares Group (XPAR:NVS) has a current Inventories, Finished Goods of €20.73 Mil. The current Inventories, Finished Goods is €20.73 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Finished Goods calculated?
Inventories, Finished Goods is calculated from a company's financial statements. For Novares Group (XPAR:NVS), the current Inventories, Finished Goods is €20.73 Mil as of Jun. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Novares Group Business Description

Comparable Companies
Address 361 avenue du General de Gaulle, Clamart, Paris, FRA, FR-92140
Novares Group SA is a plastic solutions provider that designs and manufactures complex components and systems serving the automotive industry. The company designs and produces automotive parts and specializes in technical plastic injection for automobiles. Its product portfolio consists of Engine Components, Bezels and Clusters, Air Vents and Decoration Trims, Interior and Car Body Trim, Handles, Exterior Paint and Surfaces, and E-Powertrain Components.