Sicily By Car SpA (FRA:5LC) Total Inventories : €0.2 Mil (As of Dec. 2023)

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What is Sicily By Car SpA Total Inventories?

Sicily By Car SpA's total inventories for the quarter that ended in Dec. 2023 was €0.2 Mil. Sicily By Car SpA's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was €0.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sicily By Car SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-0.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sicily By Car SpA's Days Inventory for the six months ended in Dec. 2023 was 0.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sicily By Car SpA's Inventory Turnover for the quarter that ended in Dec. 2023 was 386.88.

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. Sicily By Car SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Sicily By Car SpA Total Inventories Historical Data

The historical data trend for Sicily By Car SpA'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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Sicily By Car SpA Total Inventories Chart

Sicily By Car SpA Annual Data

Trend

Dec21

Dec22

Dec23

Total Inventories

0.09

0.21

0.18

Sicily By Car SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	0.09	-	0.21	0.17	0.18

Sicily By Car SpA 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.

Sicily By Car SpA (FRA:5LC) 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.

Sicily By Car SpA'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)
=	(106.161	+	0.75 * 6.224	+	0.5 * 0.182	-	127.221
-	0	-	0.122)	/	32.4604
=	-0.51

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

Sicily By Car SpA'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
	=	0.176	/	68.09	*	365 / 2
	=	0.47

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

Sicily By Car SpA'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 )
	=	68.09	/	0.176
	=	386.88

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.

Sicily By Car SpA'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 )
	=	0.176	/	66.83
	=	0.00

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.

Sicily By Car SpA Total Inventories Related Terms

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Sicily By Car SpA (FRA:5LC) Business Description

Industry

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SBC:Italy

Address

Via Galileo Galilei, 10H, Bolzano, ITA, 39100

Website

https://www.sicilybycar.it

Sicily By Car SpA operates in the Italian short-term rental market with 55 rental offices directly located at the main Italian airports and cities. The company allows to choose among: Private hire (cheap, compact, medium, standard, convertible, estate and 9-seater cars), Commercial vehicles, Electric car rentals, Boat rental.

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