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Aer Lingus Group (Aer Lingus Group) Total Inventories : $8 Mil (As of Jun. 2015)


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What is Aer Lingus Group Total Inventories?

Aer Lingus Group's total inventories for the quarter that ended in Jun. 2015 was $8 Mil. Aer Lingus Group's average total inventories from the quarter that ended in Dec. 2014 to the quarter that ended in Jun. 2015 was $6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Aer Lingus Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2015 was $-0.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aer Lingus Group's Days Inventory for the six months ended in Jun. 2015 was 5.22.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aer Lingus Group's Inventory Turnover for the quarter that ended in Jun. 2015 was 34.95.

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. Aer Lingus Group's Inventory-to-Revenue for the quarter that ended in Jun. 2015 was 0.01.


Aer Lingus Group Total Inventories Historical Data

The historical data trend for Aer Lingus Group'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.

Aer Lingus Group Total Inventories Chart

Aer Lingus Group Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.69 1.96 2.93 3.47 4.00

Aer Lingus Group Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.66 3.47 3.27 4.00 8.24

Aer Lingus Group 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.


Aer Lingus Group  (GREY:AELGF) 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.

Aer Lingus Group's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2015 is

Net-Net Working Capital Per Share (Q: Jun. 2015 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1015.53+0.75 * 136.311+0.5 * 8.236-1375.021
-0-0)/532.737
=-0.48

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

Aer Lingus Group's Days Inventory for the six months ended in Jun. 2015 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2015 )/Cost of Goods Sold (Q: Jun. 2015 )*Days in Period
=6.1185/213.865*365 / 2
=5.22

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

Aer Lingus Group's Inventory Turnover for the quarter that ended in Jun. 2015 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2015 ) / Average Total Inventories (Q: Jun. 2015 )
=213.865 / 6.1185
=34.95

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.

Aer Lingus Group's Inventory to Revenue for the quarter that ended in Jun. 2015 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2015 ) / Revenue (Q: Jun. 2015 )
=6.1185 / 840.579
=0.01

* 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.


Aer Lingus Group Total Inventories Related Terms

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Aer Lingus Group (Aer Lingus Group) Business Description

Traded in Other Exchanges
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Aer Lingus Group PLC is an Ireland-based company providing air travel services. The company provides air transportation for passengers and cargo. It operates in United States, United Kingdom, Ireland and other European parts. The airline's head office is on the grounds of Dublin Airport in Dublin, Ireland.

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