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Australand Property Group (FRA:PQP1) Total Inventories : €209.2 Mil (As of Jun. 2014)


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What is Australand Property Group Total Inventories?

Australand Property Group's total inventories for the quarter that ended in Jun. 2014 was €209.2 Mil. Australand Property Group's average total inventories from the quarter that ended in Dec. 2013 to the quarter that ended in Jun. 2014 was €193.1 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Australand Property Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2014 was €-2.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Australand Property Group's Days Inventory for the six months ended in Jun. 2014 was 246.60.

Inventory Turnover measures how fast the company turns over its inventory within a year. Australand Property Group's Inventory Turnover for the quarter that ended in Jun. 2014 was 0.74.

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. Australand Property Group's Inventory-to-Revenue for the quarter that ended in Jun. 2014 was 0.85.


Australand Property Group Total Inventories Historical Data

The historical data trend for Australand Property Group'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.

Australand Property Group Total Inventories Chart

Australand Property Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 131.85 290.41 286.77 246.21 177.09

Australand Property Group Semi-Annual Data
Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
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 347.85 246.21 237.08 177.09 209.20

Australand Property Group 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.


Australand Property Group  (FRA:PQP1) 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.

Australand Property Group's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2014 is

Net-Net Working Capital Per Share (Q: Jun. 2014 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(79.879+0.75 * 0+0.5 * 209.198-1528.982
-0-0)/578.748
=-2.32

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

Australand Property Group's Days Inventory for the six months ended in Jun. 2014 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2014 )/Cost of Goods Sold (Q: Jun. 2014 )*Days in Period
=193.1425/142.938*365 / 2
=246.60

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

Australand Property Group's Inventory Turnover for the quarter that ended in Jun. 2014 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2014 ) / Average Total Inventories (Q: Jun. 2014 )
=142.938 / 193.1425
=0.74

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.

Australand Property Group's Inventory to Revenue for the quarter that ended in Jun. 2014 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2014 ) / Revenue (Q: Jun. 2014 )
=193.1425 / 228.241
=0.85

* 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.


Australand Property Group Total Inventories Related Terms

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Australand Property Group (FRA:PQP1) Business Description

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Australand Property Group is a stapled security comprising a unit in three trusts and a share in the management company. It owns, develops, and manages industrial, residential and investment property. Activities include development of residential land, housing and apartments, development of and investment in income producing commercial and industrial properties, and property management.

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