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Athens International Airport (ATH:AIA) Total Inventories : €5.50 Mil (As of Sep. 2023)


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What is Athens International Airport Total Inventories?

Athens International Airport's total inventories for the quarter that ended in Sep. 2023 was €5.50 Mil. Athens International Airport's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Sep. 2023 was €5.33 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Athens International Airport's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was €-3.71.

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. Athens International Airport's Inventory Turnover for the quarter that ended in Sep. 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.


Athens International Airport Total Inventories Historical Data

The historical data trend for Athens International Airport'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.

Athens International Airport Total Inventories Chart

Athens International Airport Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Total Inventories
5.90 5.68 5.44 5.16

Athens International Airport Quarterly Data
Dec19 Dec20 Dec21 Sep22 Dec22 Sep23
Total Inventories Get a 7-Day Free Trial 5.68 5.44 - 5.16 5.50

Athens International Airport 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.


Athens International Airport  (ATH:AIA) 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.

Athens International Airport's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(579.407+0.75 * 48.047+0.5 * 5.499-1732.38
-0-0)/300
=-3.71

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

Athens International Airport's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=5.3315/0*365 / 4
=

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

Athens International Airport's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=0 / 5.3315
=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.

Athens International Airport's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=5.3315 / 0
=

* 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.


Athens International Airport Total Inventories Related Terms

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Athens International Airport (ATH:AIA) Business Description

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Athens International Airport SA is a company active in the financing, construction and operation of civil airports and related activities. As a civil airport operator, the Company manages the AIA at Spata, Greece.