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Schwalbchen Molkerei Jakob Berz AG (FRA:SMB) Total Inventories : €9.5 Mil (As of Dec. 2023)


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What is Schwalbchen Molkerei Jakob Berz AG Total Inventories?

Schwalbchen Molkerei Jakob Berz AG's total inventories for the quarter that ended in Dec. 2023 was €9.5 Mil. Schwalbchen Molkerei Jakob Berz AG's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Dec. 2023 was €10.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Schwalbchen Molkerei Jakob Berz AG's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-2.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Schwalbchen Molkerei Jakob Berz AG's Days Inventory for the six months ended in Dec. 2023 was 10.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. Schwalbchen Molkerei Jakob Berz AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 16.61.

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. Schwalbchen Molkerei Jakob Berz AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.04.


Schwalbchen Molkerei Jakob Berz AG Total Inventories Historical Data

The historical data trend for Schwalbchen Molkerei Jakob Berz AG'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.

Schwalbchen Molkerei Jakob Berz AG Total Inventories Chart

Schwalbchen Molkerei Jakob Berz AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.24 6.52 8.24 10.56 9.49

Schwalbchen Molkerei Jakob Berz AG Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 8.24 6.52 8.24 10.56 9.49

Schwalbchen Molkerei Jakob Berz AG 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.


Schwalbchen Molkerei Jakob Berz AG  (FRA:SMB) 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.

Schwalbchen Molkerei Jakob Berz AG'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)
=(18.131+0.75 * 19.34+0.5 * 9.489-39.93
-0-0.913)/1.2984
=-2.67

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

Schwalbchen Molkerei Jakob Berz AG'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
=10.0235/166.46*365 / 2
=10.99

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

Schwalbchen Molkerei Jakob Berz AG'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 )
=166.46 / 10.0235
=16.61

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.

Schwalbchen Molkerei Jakob Berz AG'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 )
=10.0235 / 224.554
=0.04

* 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.


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Schwalbchen Molkerei Jakob Berz AG (FRA:SMB) Business Description

Traded in Other Exchanges
N/A
Address
Bad Schwalbach, Bad Schwalbach, DEU, 65307
Schwalbchen Molkerei Jakob Berz AG is engaged in processing and distribution of milk and milk products, the wholesale of dairy products and related foodstuffs. The company acts as a regional brand supplier of fresh and long-life milk, as well as fresh produce such as yogurt, whipped cream, sour cream, natural and fruit quark, cream, and sponge cake under the name SCHWÄLBCHEN. Specialties such as the coffee beverage Caffreddo and ethnic items such as Ayran are marketed nationwide. The company is engaged in the wholesale consumer trade segment.