EZZ Steel CoE (LSE:67NW) Total Inventories: £583.89 Mil (As of Jun. 2024)


What is EZZ Steel CoE Total Inventories?

EZZ Steel CoE LSE:67NW 4 Total Inventories is £583.89 Mil as of Jun. 2024. GuruFocus rates LSE:67NW with a GF Score™ of 4/100. The stock has 7 warning signs investors should review.

EZZ Steel CoE's total inventories for the quarter that ended in Jun. 2024 was £583.89 Mil. EZZ Steel CoE's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Jun. 2024 was £561.62 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. EZZ Steel CoE's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was £-7.70.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. EZZ Steel CoE's Days Inventory for the three months ended in Jun. 2024 was 76.75.

Inventory Turnover measures how fast the company turns over its inventory within a year. EZZ Steel CoE's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.19.

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. EZZ Steel CoE's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.67.

EZZ Steel CoE  (LSE:67NW) 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.

EZZ Steel CoE's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

Net-Net Working Capital Per Share (Q: Jun. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(300.305+0.75 * 86.168+0.5 * 583.886-1922.057
-0-101.74)/177.631
=-7.70

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

EZZ Steel CoE's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=561.624/667.711*365 / 4
=76.75

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

EZZ Steel CoE's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=667.711 / 561.624
=1.19

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.

EZZ Steel CoE's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=561.624 / 832.371
=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.

EZZ Steel CoE Total Inventories Related Terms

EZZ Steel CoE Total Inventories Historical Data

* Premium members only.

The historical data trend for EZZ Steel CoE'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.

EZZ Steel CoE Total Inventories Chart

EZZ Steel CoE 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 372.92 316.51 455.65 296.67 502.70

EZZ Steel CoE Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 431.48 370.64 502.70 539.36 583.89

EZZ Steel CoE 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 £583.89 Mil mean?
EZZ Steel CoE (LSE:67NW) has a Total Inventories of £583.89 Mil as of Jun. 2024. The total amount of inventory as recorded on a company's balance sheet. View historical data for EZZ Steel CoE and its competitors.
Is EZZ Steel CoE's Total Inventories too high?
EZZ Steel CoE's current Total Inventories is £583.89 Mil. Overall, EZZ Steel CoE has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does EZZ Steel CoE's Total Inventories compare to NUE and STLD?
EZZ Steel CoE's Total Inventories of £583.89 Mil can be compared against companies in the Steel 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 Steel company?
A good Total Inventories depends on the Steel 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 EZZ Steel CoE and its competitors. EZZ Steel CoE's current Total Inventories is £583.89 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EZZ Steel CoE stock overvalued right now?
EZZ Steel CoE (LSE:67NW) has a current Total Inventories of £583.89 Mil. The current Total Inventories is £583.89 Mil. EZZ Steel CoE's overall GF Score™ is 4/100 with 7 warning signs to review. 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 EZZ Steel CoE (LSE:67NW), the current Total Inventories is £583.89 Mil as of Jun. 2024. 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.

EZZ Steel CoE Business Description

Address Cornich El-Nil, Four Seasons Nile Plaza, The Corporate Building, Garden City, Cairo, EGY, 1089
EZZ Steel Co SAE is an Egypt-based company that manufactures and distributes long and flat steel products. The company's long products, including rebar and wire rod, are employed in applications including concrete reinforcement bars, nails, bolts, tacks, welding tools, electrical components, wire mesh, and others. The company's flat products are applied in automotive components, suspension parts, wheels, containers, gas cylinders, and others.