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Compagnie Financiere Richemont (FRA:RIT1) Total Inventories : €8,971 Mil (As of Sep. 2024)


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What is Compagnie Financiere Richemont Total Inventories?

Compagnie Financiere Richemont's total inventories for the quarter that ended in Sep. 2024 was €8,971 Mil. Compagnie Financiere Richemont's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Sep. 2024 was €8,476 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Compagnie Financiere Richemont's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was €0.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Compagnie Financiere Richemont's Days Inventory for the six months ended in Sep. 2024 was 467.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Compagnie Financiere Richemont's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.39.

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. Compagnie Financiere Richemont's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.84.


Compagnie Financiere Richemont Total Inventories Historical Data

The historical data trend for Compagnie Financiere Richemont'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.

Compagnie Financiere Richemont Total Inventories Chart

Compagnie Financiere Richemont Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,658.00 6,319.00 7,099.00 7,096.00 7,980.00

Compagnie Financiere Richemont Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 7,027.00 7,096.00 7,717.00 7,980.00 8,971.00

Compagnie Financiere Richemont 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.


Compagnie Financiere Richemont  (FRA:RIT1) 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.

Compagnie Financiere Richemont'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)
=(19170+0.75 * 1928+0.5 * 8971-22366
-0-67)/5853.4
=0.46

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

Compagnie Financiere Richemont's Days Inventory for the six 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
=8475.5/3306*365 / 2
=467.87

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

Compagnie Financiere Richemont'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 )
=3306 / 8475.5
=0.39

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.

Compagnie Financiere Richemont'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 )
=8475.5 / 10077
=0.84

* 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.


Compagnie Financiere Richemont Total Inventories Related Terms

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Compagnie Financiere Richemont Business Description

Address
50 Chemin de la Chenaie, CP 30, Bellevue, Geneva, CHE, 1293
Richemont is a luxury goods conglomerate with 20 brands. Jewellery and watch brands make up 86% of sales, but the group is also active in accessories, writing instruments, clothing and online luxury retail. Richemont's Jewellery Maisons, including Cartier and Van Cleef & Arpels, account for 69% of revenue and vast majority of profits. Its other brands include Vacheron Constantin, Piaget, Jaeger-LeCoultre, IWC Schaffhausen, Lange & Soehne, Officine Panerai, Chloe, and Montblanc.

Compagnie Financiere Richemont Headlines

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