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Everest Global (LSE:EVST) Total Inventories : £0.33 Mil (As of Oct. 2023)


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What is Everest Global Total Inventories?

Everest Global's total inventories for the quarter that ended in Oct. 2023 was £0.33 Mil. Everest Global's average total inventories from the quarter that ended in Apr. 2023 to the quarter that ended in Oct. 2023 was £0.27 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Everest Global's Net-Net Working Capital per share for the quarter that ended in Oct. 2023 was £-0.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Everest Global's Days Inventory for the six months ended in Oct. 2023 was 44.80.

Inventory Turnover measures how fast the company turns over its inventory within a year. Everest Global's Inventory Turnover for the quarter that ended in Oct. 2023 was 4.07.

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. Everest Global's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 0.20.


Everest Global Total Inventories Historical Data

The historical data trend for Everest Global'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.

Everest Global Total Inventories Chart

Everest Global Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.18 0.04 0.18 0.33

Everest Global Semi-Annual Data
Oct14 Apr15 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 0.04 0.04 0.18 0.21 0.33

Everest Global 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.


Everest Global  (LSE:EVST) 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.

Everest Global'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)
=(0.858+0.75 * 0.283+0.5 * 0.329-6.514
-0--2.33)/64.8889
=-0.05

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

Everest Global'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
=0.2705/1.102*365 / 2
=44.80

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

Everest Global'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 )
=1.102 / 0.2705
=4.07

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.

Everest Global'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 )
=0.2705 / 1.358
=0.20

* 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.


Everest Global Total Inventories Related Terms

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Everest Global (LSE:EVST) Business Description

Traded in Other Exchanges
Address
48 Chancery Lane, London, GBR, WC2A 1JF
Everest Global PLC is engaged in investing and trading in the agriculture sector in Africa. The company is involved in the manufacturing of herbs & spices, production of guar beans, and trading in agricultural products. There is currently only one geographic reporting and revenue-generating segment for the company, which is South Africa.

Everest Global (LSE:EVST) Headlines

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