CTTAY (Continental AG) Total Inventories : $7,149 Mil (As of Sep. 2024)

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What is Continental AG Total Inventories?

Continental AG's total inventories for the quarter that ended in Sep. 2024 was $7,149 Mil. Continental AG's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $7,094 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Continental AG's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-6.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Continental AG's Days Inventory for the three months ended in Sep. 2024 was 77.01.

Inventory Turnover measures how fast the company turns over its inventory within a year. Continental AG's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.18.

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. Continental AG's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.65.

Continental AG Total Inventories Historical Data

The historical data trend for Continental 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.

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Continental AG Total Inventories Chart

Continental AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

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Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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5,216.00

5,155.96

5,642.60

7,128.71

6,844.60

Continental 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															7,343.86	6,844.60	7,007.61	7,038.75	7,148.72

Continental 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.

Continental AG (OTCPK:CTTAY) 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.

Continental 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)
=	(2485.017	+	0.75 * 8813.541	+	0.5 * 7148.724	-	25299.667
-	0	-	488.346)	/	2000.060
=	-6.56

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

Continental 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
	=	7093.7375	/	8405.106	*	365 / 4
	=	77.01

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

Continental 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 )
	=	8405.106	/	7093.7375
	=	1.18

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.

Continental 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 )
	=	7093.7375	/	10913.43
	=	0.65

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.

Continental AG Total Inventories Related Terms

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Continental AG Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

CTTAF:USA CTT:Romania 1CON:Italy CONd:UK 0LQ1:UK CON:Germany CON:Bulgaria

Address

Continental-Plaza 1, 30001, P.O. Box 1 69, Hanover, NI, DEU, 30175

Website

https://www.continental.com

Continental is a global auto supplier and tiremaker. Operating segments include the automotive group (electrical architecture and networking, autonomous mobility, safety and motion, smart mobility, and user experience), tires, and ContiTech which uses rubber in industrial and automotive components and systems. Last year, automotive group revenue was around 49% of the total, tire was 34%, ContiTech was 16%, and contract manufacturing for Vitesco was 1%. The top five customers include Ford, Mercedes-Benz, the Renault-Nissan-Mitsubishi alliance, Stellantis, and Volkswagen, representing about 34% of total revenue. Europe, at 49% of total revenue, is the company's largest market, followed by North America at 27%, Asia (mostly China) at 21%, and 4% in other regions.