ECO Buildings Group (LSE:ECOB) Total Inventories : £1.80 Mil (As of Dec. 2023)

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What is ECO Buildings Group Total Inventories?

ECO Buildings Group's total inventories for the quarter that ended in Dec. 2023 was £1.80 Mil. ECO Buildings Group's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was £1.92 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. ECO Buildings Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was £-0.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ECO Buildings Group's Days Inventory for the six months ended in Dec. 2023 was 3,583.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. ECO Buildings Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.05.

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. ECO Buildings Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 20.69.

ECO Buildings Group Total Inventories Historical Data

The historical data trend for ECO Buildings Group'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.

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ECO Buildings Group Total Inventories Chart

ECO Buildings Group Annual Data

Trend

Dec21

Dec22

Dec23

Total Inventories

1.80

ECO Buildings Group Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Total Inventories	-	-	2.05	1.80

ECO Buildings Group 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.

ECO Buildings Group (LSE:ECOB) 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.

ECO Buildings Group'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)
=	(0.583	+	0.75 * 0.528	+	0.5 * 1.796	-	6.589
-	0	-	0)	/	70.0701
=	-0.07

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

ECO Buildings Group'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
	=	1.9245	/	0.098	*	365 / 2
	=	3,583.89

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

ECO Buildings Group'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 )
	=	0.098	/	1.9245
	=	0.05

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.

ECO Buildings Group'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 )
	=	1.9245	/	0.093
	=	20.69

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.

ECO Buildings Group Total Inventories Related Terms

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ECO Buildings Group Business Description

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ECOB:UK

Address

160 Camden High Street, London, GBR, NW1 0NE

Website

https://www.eco-buildings.net

ECO Buildings Group Plc will operate in the prefabricated modular housing sector. The company has acquired the proven and innovative prefabricated modular technology using glass fibre-reinforced gypsum (GFRG), an alternative construction method to achieve faster and more economical development of residential, commercial, and industrial dwellings. Eco Buildings' range of modular housing products provides a solution for the construction of both affordable and high-end housing, with Eco Buildings' products being up to 50% cheaper, two-thirds lighter and five times faster to deploy than conventionally built homes.

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