Global PVQ SE (HAM:QCE) Total Inventories: €143 Mil (As of Dec. 2011)


What is Global PVQ SE Total Inventories?

Global PVQ SE HAM:QCE Total Inventories is €143 Mil as of Dec. 2011.

Global PVQ SE's total inventories for the quarter that ended in Dec. 2011 was €143 Mil. Global PVQ SE's average total inventories from the quarter that ended in Sep. 2011 to the quarter that ended in Dec. 2011 was €237 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Global PVQ SE's Net-Net Working Capital per share for the quarter that ended in Dec. 2011 was €-3.86.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Global PVQ SE's Days Inventory for the three months ended in Dec. 2011 was 62.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Global PVQ SE's Inventory Turnover for the quarter that ended in Dec. 2011 was 1.47.

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. Global PVQ SE's Inventory-to-Revenue for the quarter that ended in Dec. 2011 was 0.67.

Global PVQ SE  (HAM:QCE) 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.

Global PVQ SE's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2011 is

Net-Net Working Capital Per Share (Q: Dec. 2011 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(329+0.75 * 135.1+0.5 * 142.5-1181.6
-0-0)/176.343
=-3.86

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

Global PVQ SE's Days Inventory for the three months ended in Dec. 2011 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2011 )/Cost of Goods Sold (Q: Dec. 2011 )*Days in Period
=236.65/348*365 / 4
=62.05

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

Global PVQ SE's Inventory Turnover for the quarter that ended in Dec. 2011 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2011 ) / Average Total Inventories (Q: Dec. 2011 )
=348 / 236.65
=1.47

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.

Global PVQ SE's Inventory to Revenue for the quarter that ended in Dec. 2011 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2011 ) / Revenue (Q: Dec. 2011 )
=236.65 / 353.2
=0.67

* 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.

Global PVQ SE Total Inventories Related Terms

Global PVQ SE Total Inventories Historical Data

* Premium members only.

The historical data trend for Global PVQ SE'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.

Global PVQ SE Total Inventories Chart

Global PVQ SE Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Total Inventories
Get a 7-Day Free Trial 94.40 216.80 302.10 365.70 142.50

Global PVQ SE Quarterly Data
Dec04 Dec05 Dec06 Dec07 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11
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 365.70 585.00 384.50 330.80 142.50

Global PVQ SE 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of €143 Mil mean?
Global PVQ SE (HAM:QCE) has a Total Inventories of €143 Mil as of Dec. 2011. The total amount of inventory as recorded on a company's balance sheet. View historical data for Global PVQ SE and its competitors.
Is Global PVQ SE's Total Inventories too high?
Global PVQ SE's current Total Inventories is €143 Mil.
How does Global PVQ SE's Total Inventories compare to BSRC and YGEHY?
Global PVQ SE's Total Inventories of €143 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Semiconductors company?
A good Total Inventories depends on the Semiconductors industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Global PVQ SE and its competitors. Global PVQ SE's current Total Inventories is €143 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global PVQ SE stock overvalued right now?
Global PVQ SE (HAM:QCE) has a current Total Inventories of €143 Mil. The current Total Inventories is €143 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Global PVQ SE (HAM:QCE), the current Total Inventories is €143 Mil as of Dec. 2011. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Global PVQ SE Business Description

Address OT Thalheim, Sonnenallee 17-21, Bitterfeld-Wolfen, DEU, 06766
Global PVQ SE is engaged in the production of renewable energies and photovoltaic devices. The business activities of the group are under Products and Systems segments. The Products segment comprises the production and sale of solar cells from monocrystalline and polycrystalline silicon, and production and sale of corresponding modules. The Systems segment comprises the development and installation of photovoltaic systems, including both large-scale systems as well as medium-sized industrial and commercial systems. Geographically, the activities are functioned through the region of Germany.