Italcementi SpA (Italcementi SpA) Total Inventories : $712 Mil (As of Jun. 2016)

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

What is Italcementi SpA Total Inventories?

Italcementi SpA's total inventories for the quarter that ended in Jun. 2016 was $712 Mil. Italcementi SpA's average total inventories from the quarter that ended in Dec. 2015 to the quarter that ended in Jun. 2016 was $740 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Italcementi SpA's Net-Net Working Capital per share for the quarter that ended in Jun. 2016 was $-13.00.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Italcementi SpA's Inventory Turnover for the quarter that ended in Jun. 2016 was -0.22.

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. Italcementi SpA's Inventory-to-Revenue for the quarter that ended in Jun. 2016 was 0.64.

Italcementi SpA Total Inventories Historical Data

The historical data trend for Italcementi SpA'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.

Italcementi SpA Total Inventories Chart

Italcementi SpA Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Total Inventories

Get a 7-Day Free Trial

974.99

916.41

853.58

891.93

767.55

Italcementi SpA Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Jun16
Total Inventories	Get a 7-Day Free Trial															-	830.41	-	767.55	712.22

Italcementi SpA 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.

Italcementi SpA (OTCPK:ITAMF) 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.

Italcementi SpA's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2016 is

	Net-Net Working Capital Per Share (Q: Jun. 2016 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(761.551	+	0.75 * 598.633	+	0.5 * 712.215	-	5265.912
-	0	-	792.763)	/	345.409
=	-13.00

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

Italcementi SpA's Days Inventory for the three months ended in Jun. 2016 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2016 )	/	Cost of Goods Sold (Q: Jun. 2016 )	*	Days in Period
	=	739.8825	/	-165.489	*	365 / 4
	=

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

Italcementi SpA's Inventory Turnover for the quarter that ended in Jun. 2016 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2016 )	/	Average Total Inventories (Q: Jun. 2016 )
	=	-165.489	/	739.8825
	=	-0.22

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.

Italcementi SpA's Inventory to Revenue for the quarter that ended in Jun. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2016 )	/	Revenue (Q: Jun. 2016 )
	=	739.8825	/	1156.363
	=	0.64

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.

Italcementi SpA Total Inventories Related Terms

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

Italcementi SpA (Italcementi SpA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Italcementi SpA (OTCPK:ITAMF) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.italcementigroup.com

Italcementi SpA was incorporated in 1864. It is a cement manufacturing company. The Company engages in manufacturing and distributing of three main product lines, including cement, aggregates, and ready mixed concrete. The Company's business segments are operations relating to the production and sale of cement and clinker; operations relating to construction materials: ready mixed concrete and aggregates and other operations such as: transport, engineering, e-business and energy. The Company operates its business in Albania, Belgium, Bulgaria, Canada, Cyprus, Egypt, France, Gambia, Greece, India, Italy, Kazakhstan, Morocco, Mauritania, Spain, Sri Lanka, Thailand, Turkey, and the United States.

Italcementi SpA (Italcementi SpA) Headlines

From GuruFocus

First Eagle Overseas Fund 3rd Quarter Commentary

By Holly LaFon • 11-23-2015

Mario Gabelli Comments on Italcementi SpA

By Holly LaFon Holly LaFon • 01-29-2016