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Currys (LSE:CURY) Total Inventories : £1,564 Mil (As of Oct. 2023)


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What is Currys Total Inventories?

Currys's total inventories for the quarter that ended in Oct. 2023 was £1,564 Mil. Currys's average total inventories from the quarter that ended in Apr. 2023 to the quarter that ended in Oct. 2023 was £1,358 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Currys's Net-Net Working Capital per share for the quarter that ended in Oct. 2023 was £-2.53.

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. Currys's Inventory Turnover for the quarter that ended in Oct. 2023 was 0.00.

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. Currys's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 0.33.


Currys Total Inventories Historical Data

The historical data trend for Currys'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.

Currys Total Inventories Chart

Currys Annual Data
Trend Mar13 Mar14 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,156.00 970.00 1,178.00 1,286.00 1,151.00

Currys Semi-Annual Data
Mar13 Sep13 Mar14 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 1,580.00 1,286.00 1,750.00 1,151.00 1,564.00

Currys 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.


Currys  (LSE:CURY) 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.

Currys's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2023 is

Net-Net Working Capital Per Share (Q: Oct. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(94+0.75 * 720+0.5 * 1564-4279
-0-0)/1133.49
=-2.53

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

Currys's Days Inventory for the six months ended in Oct. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Oct. 2023 )/Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=1357.5/0*365 / 2
=

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

Currys's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Oct. 2023 ) / Average Total Inventories (Q: Oct. 2023 )
=0 / 1357.5
=0.00

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.

Currys's Inventory to Revenue for the quarter that ended in Oct. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Oct. 2023 ) / Revenue (Q: Oct. 2023 )
=1357.5 / 4159
=0.33

* 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.


Currys Total Inventories Related Terms

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Currys (LSE:CURY) Business Description

Traded in Other Exchanges
Address
1 Portal Way, London, GBR, W3 6RS
Currys PLC is an omnichannel retailer of technology products and services with 832 stores across eight countries. The company's main brands are Currys in the United Kingdom and Ireland, Elkjop in the Nordics, and Kotsovolos in Greece. Through the company's full range of services and support, customers can discover, choose, afford, and enjoy the right technology. Group operations are supported by a sourcing office in Hong Kong, state-of-the-art repair facilities, and a comprehensive distribution network that enables fast and efficient delivery to stores and homes.

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