Air Astana JSC (FRA:7YH) Total Inventories : €61.9 Mil (As of Sep. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Air Astana JSC Total Inventories?

Air Astana JSC's total inventories for the quarter that ended in Sep. 2024 was €61.9 Mil. Air Astana JSC's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Sep. 2024 was €64.9 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Air Astana JSC's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was €-8.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Air Astana JSC's Days Inventory for the three months ended in Sep. 2024 was 31.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Air Astana JSC's Inventory Turnover for the quarter that ended in Sep. 2024 was 2.94.

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. Air Astana JSC's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.18.

Air Astana JSC Total Inventories Historical Data

The historical data trend for Air Astana JSC'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.

Air Astana JSC Total Inventories Chart

Air Astana JSC Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Inventories

37.98

46.04

46.09

61.87

Air Astana JSC Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24	Sep24
Total Inventories	Get a 7-Day Free Trial				-	57.86	61.87	67.96	61.86

Air Astana JSC 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.

Air Astana JSC (FRA:7YH) 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.

Air Astana JSC'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)
=	(427.108	+	0.75 * 28.966	+	0.5 * 61.858	-	1235.977
-	0	-	0)	/	88.369
=	-8.56

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

Air Astana JSC'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
	=	64.911	/	190.765	*	365 / 4
	=	31.05

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

Air Astana JSC'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 )
	=	190.765	/	64.911
	=	2.94

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.

Air Astana JSC'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 )
	=	64.911	/	362.948
	=	0.18

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.

Air Astana JSC Total Inventories Related Terms

Thank you for viewing the detailed overview of Air Astana JSC's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Air Astana JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air Astana JSC (FRA:7YH) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

AIRAD:Kazakhstan AIRA:Kazakhstan AIRAl:UK AIRA:UK

Address

4A Zakarpatskaya Street, Turksib District, Almaty, KAZ, 010000

Website

https://www.airastana.com

Air Astana JSC is an airline company. It provides scheduled, point-to-point and transit, short-haul and long-haul air travel and cargo on domestic, intra-regional, and international routes across Central Asia, the Caucasus, Europe (including Turkey), the Middle East and Asia (including India and China) and has a fleet of 47 aircraft. The company group has two operating segments, Air Astana and FlyArystan. Air Astana's activities consist of mainly domestic and international passenger and cargo air transportation as a full-service brand. Fly Arystan activities consist of mainly domestic and international passenger and cargo air transportation as a low-cost brand. Maximum revenue is generated from the Air Astana segment.

Air Astana JSC Headlines

No Headlines