Electro Cable Egypt (CAI:ELEC) Total Inventories: E£579 Mil (As of Jun. 2023)


CAI:ELEC Electro Cable Egypt CAI:ELEC
8 GF Score
Price E£2.10
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What is Electro Cable Egypt Total Inventories?

Electro Cable Egypt CAI:ELEC -1.41% 8 Total Inventories is E£579 Mil as of Jun. 2023. GuruFocus rates CAI:ELEC with a GF Score™ of 8/100.

Electro Cable Egypt's total inventories for the quarter that ended in Jun. 2023 was E£579 Mil. Electro Cable Egypt's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Jun. 2023 was E£629 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Electro Cable Egypt's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was E£-0.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Electro Cable Egypt's Days Inventory for the three months ended in Jun. 2023 was 62.43.

Inventory Turnover measures how fast the company turns over its inventory within a year. Electro Cable Egypt's Inventory Turnover for the quarter that ended in Jun. 2023 was 1.46.

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. Electro Cable Egypt's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.54.


Electro Cable Egypt  (CAI:ELEC) 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.

Electro Cable Egypt'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)
=(596.845+0.75 * 943.107+0.5 * 578.548-2269.679
-0-0)/3557.237
=-0.19

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

Electro Cable Egypt'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
=628.652/918.896*365 / 4
=62.43

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

Electro Cable Egypt'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 )
=918.896 / 628.652
=1.46

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.

Electro Cable Egypt'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 )
=628.652 / 1167.993
=0.54

* 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.


Electro Cable Egypt Total Inventories Related Terms


Electro Cable Egypt Total Inventories Historical Data

* Premium members only.

The historical data trend for Electro Cable Egypt'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.

Electro Cable Egypt Total Inventories Chart

Electro Cable Egypt Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20
Total Inventories
0.00 132.17 252.66 255.61 326.58

Electro Cable Egypt Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Mar22 Jun22 Mar23 Jun23
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 0.00 0.00 0.00 678.76 578.55
CAI:ELEC
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Electro Cable Egypt CAI:ELEC
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Electro Cable Egypt 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of E£579 Mil mean?
Electro Cable Egypt (CAI:ELEC) has a Total Inventories of E£579 Mil as of Jun. 2023. The total amount of inventory as recorded on a company's balance sheet. View historical data for Electro Cable Egypt and its competitors.
Is Electro Cable Egypt's Total Inventories too high?
Electro Cable Egypt's current Total Inventories is E£579 Mil. Overall, Electro Cable Egypt has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Electro Cable Egypt's Total Inventories compare to competitors?
Electro Cable Egypt's Total Inventories of E£579 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for an Industrial Products company?
A good Total Inventories depends on the Industrial Products industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Electro Cable Egypt and its competitors. Electro Cable Egypt's current Total Inventories is E£579 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electro Cable Egypt stock overvalued right now?
Electro Cable Egypt (CAI:ELEC) has a current Total Inventories of E£579 Mil. The current Total Inventories is E£579 Mil. Electro Cable Egypt's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Electro Cable Egypt (CAI:ELEC), the current Total Inventories is E£579 Mil as of Jun. 2023. 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.

Electro Cable Egypt Business Description

Address Ismaellia Canal Road, Km 4.6,6 th October Road, Mostorod Industrial Zone, Qualubia Governorate, Cairo, EGY
Electro Cable Egypt manufactures and markets power cables and telecommunication cables. Its products portfolio includes Enamelled Copper Wires, Overhead Bare Conductors, Telephone Wires and Cables and others.
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Total Inventories is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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