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voestalpine AG (CHIX:VOEV) Total Inventories : €5,073 Mil (As of Sep. 2024)


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What is voestalpine AG Total Inventories?

voestalpine AG's total inventories for the quarter that ended in Sep. 2024 was €5,073 Mil. voestalpine AG's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was €5,145 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. voestalpine AG's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was €-22.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. voestalpine AG's Days Inventory for the three months ended in Sep. 2024 was 143.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. voestalpine AG's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.63.

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. voestalpine AG's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.32.


voestalpine AG Total Inventories Historical Data

The historical data trend for voestalpine AG'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.

voestalpine AG Total Inventories Chart

voestalpine AG Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,554.10 3,405.10 4,904.30 5,686.60 5,035.30

voestalpine AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 5,618.10 5,602.10 5,035.30 5,216.70 5,072.70

voestalpine AG 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.


voestalpine AG  (CHIX:VOEv) 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.

voestalpine AG's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(444.3+0.75 * 1803.1+0.5 * 5072.7-7901.1
-0-243.1)/171.451
=-22.23

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

voestalpine AG's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=5144.7/3262.6*365 / 4
=143.89

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

voestalpine AG's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=3262.6 / 5144.7
=0.63

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.

voestalpine AG's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=5144.7 / 3896.6
=1.32

* 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.


voestalpine AG Total Inventories Related Terms

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voestalpine AG Business Description

Address
Voestalpine-Strasse 1, Linz, AUT, 4020
voestalpine AG is engaged in the manufacturing, processing and development of steel products. The company is divided into four divisions. The Steel Division is involved in the production of steel products and the casting of large turbines. The High-Performance metals Division provides metals for the automotive, consumer goods, power generation, energy and aviation sectors. The Metal Engineering division produces rails, turnout systems, track-based monitoring systems, specially treated wire and others. The Metal Forming Division provides customized special and precision sections, as well as solutions for systems in the construction, cab construction for commercial vehicles, and aviation sectors; and and Holding & Group Services. The company generates its revenue from the European Union.

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