Elia Group/NV (Elia Group/NV) Total Inventories : $47 Mil (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Elia Group/NV Total Inventories?

Elia Group/NV's total inventories for the quarter that ended in Dec. 2023 was $47 Mil. Elia Group/NV's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was $35 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Elia Group/NV's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-185.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Elia Group/NV's Days Inventory for the six months ended in Dec. 2023 was 5.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Elia Group/NV's Inventory Turnover for the quarter that ended in Dec. 2023 was 33.12.

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. Elia Group/NV's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

Elia Group/NV Total Inventories Historical Data

The historical data trend for Elia Group/NV'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.

Elia Group/NV Total Inventories Chart

Elia Group/NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

27.00

47.45

24.41

22.88

46.57

Elia Group/NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial															24.41	22.09	22.88	23.19	46.57

Elia Group/NV 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.

Elia Group/NV (OTCPK:ELIAF) 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.

Elia Group/NV's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1491.93	+	0.75 * 593.239	+	0.5 * 46.565	-	15128.462
-	0	-	467.612)	/	73.4997
=	-185.52

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

Elia Group/NV's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	34.875	/	1155.18	*	365 / 2
	=	5.51

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

Elia Group/NV's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	1155.18	/	34.875
	=	33.12

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.

Elia Group/NV's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	34.875	/	1796.401
	=	0.02

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.

Elia Group/NV Total Inventories Related Terms

Thank you for viewing the detailed overview of Elia Group/NV's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Elia Group/NV (Elia Group/NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Elia Group SA/NV (OTCPK:ELIAF) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

ELIb:UK 0NTU:UK E4S:Germany ELI:Belgium

Address

Boulevard de l’Empereur 20, Brussels, BEL, B-1000

Website

https://www.eliagroup.eu

Elia Group SA/NV is a utility company that owns and develops electric grids in Central Europe. Elia maintains and operates high-voltage equipment and infrastructure projects, such as power lines, cables, and transformers. The company primarily generates revenue by serving as the electricity transmission system operator in both Germany and Belgium where it provides electric grid usage. Elia's Belgian and German operations are responsible for nearly all of its revenue. These countries also house most of the company's infrastructure investments. In its capacity as an electricity transmitter, Elia System facilitates long-term, day-ahead, and intraday energy markets.

Elia Group/NV (Elia Group/NV) Headlines

From GuruFocus

energyRe Announces $1.2 Billion Capital Raise to Accelerate U.S. Clean Energy Transition

By PRNewswire • 12-04-2023