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Avianca Holdings (BOG:PFAVH) Total Inventories : COP293,949 Mil (As of Sep. 2021)


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What is Avianca Holdings Total Inventories?

Avianca Holdings's total inventories for the quarter that ended in Sep. 2021 was COP293,949 Mil. Avianca Holdings's average total inventories from the quarter that ended in Jun. 2021 to the quarter that ended in Sep. 2021 was COP292,569 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Avianca Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2021 was COP-28,811.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Avianca Holdings's Days Inventory for the three months ended in Sep. 2021 was 13.82.

Inventory Turnover measures how fast the company turns over its inventory within a year. Avianca Holdings's Inventory Turnover for the quarter that ended in Sep. 2021 was 6.60.

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. Avianca Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2021 was 0.13.


Avianca Holdings Total Inventories Historical Data

The historical data trend for Avianca Holdings'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.

Avianca Holdings Total Inventories Chart

Avianca Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 253,077.82 293,131.72 292,111.46 310,128.30 290,223.09

Avianca Holdings Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 314,707.73 290,223.09 297,858.54 291,189.09 293,948.58

Avianca Holdings 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.


Avianca Holdings  (BOG:PFAVH) 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.

Avianca Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2021 is

Net-Net Working Capital Per Share (Q: Sep. 2021 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4335565.979+0.75 * 734858.301+0.5 * 293948.577-33676078.723
-157782.077--75708.964)/996.987
=-28,811.28

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

Avianca Holdings's Days Inventory for the three months ended in Sep. 2021 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2021 )/Cost of Goods Sold (Q: Sep. 2021 )*Days in Period
=292568.8325/1931919.003*365 / 4
=13.82

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

Avianca Holdings's Inventory Turnover for the quarter that ended in Sep. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2021 ) / Average Total Inventories (Q: Sep. 2021 )
=1931919.003 / 292568.8325
=6.60

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.

Avianca Holdings's Inventory to Revenue for the quarter that ended in Sep. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2021 ) / Revenue (Q: Sep. 2021 )
=292568.8325 / 2282037.294
=0.13

* 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.


Avianca Holdings Total Inventories Related Terms

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Avianca Holdings (BOG:PFAVH) Business Description

Traded in Other Exchanges
N/A
Address
Ph Arifa, Floors 9 and 10, West Boulevard, Santa Maria Business District, Panama, PAN
Avianca Holdings SA is a company that represents the integrated operation of several airlines that operate nationally and internationally. The company holds investments primarily in passenger airlines, cargo airlines and related activities including tourism, engineering, maintenance and specialized maintenance services. The company has two reportable segments, Air transportation, and Loyalty. The company offers scheduled air passenger transportation services within Colombia and to Central America, North America, South America, and Europe. The company generates the majority of its revenue from Air transportation segment.

Avianca Holdings (BOG:PFAVH) Headlines

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