Invinity Energy Systems (LSE:IES) Total Inventories : £4.44 Mil (As of Jun. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Invinity Energy Systems Total Inventories?

Invinity Energy Systems's total inventories for the quarter that ended in Jun. 2024 was £4.44 Mil. Invinity Energy Systems's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was £3.86 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Invinity Energy Systems's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was £0.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Invinity Energy Systems's Days Inventory for the six months ended in Jun. 2024 was 256.33.

Inventory Turnover measures how fast the company turns over its inventory within a year. Invinity Energy Systems's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.71.

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. Invinity Energy Systems's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 2.36.

Invinity Energy Systems Total Inventories Historical Data

The historical data trend for Invinity Energy Systems'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.

Invinity Energy Systems Total Inventories Chart

Invinity Energy Systems Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

0.24

0.91

5.80

9.83

3.29

Invinity Energy Systems Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Inventories	Get a 7-Day Free Trial							5.79	9.83	3.68	3.29	4.44

Invinity Energy Systems 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.

Invinity Energy Systems (LSE:IES) 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.

Invinity Energy Systems'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)
=	(49.243	+	0.75 * 1.53	+	0.5 * 4.437	-	9.737
-	0	-	0)	/	440.558
=	0.10

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

Invinity Energy Systems's Days Inventory for the six 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
	=	3.8625	/	2.75	*	365 / 2
	=	256.33

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

Invinity Energy Systems'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 )
	=	2.75	/	3.8625
	=	0.71

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.

Invinity Energy Systems'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 )
	=	3.8625	/	1.637
	=	2.36

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.

Invinity Energy Systems Total Inventories Related Terms

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

Invinity Energy Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Invinity Energy Systems PLC (LSE:IES) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

IESVF:USA IES:UK A10:Germany

Address

Castle Street, 3rd Floor, IFC5, St. Helier, JEY, JE2 3BY

Website

https://www.invinity.com

Invinity Energy Systems PLC operates in the manufacturing of vanadium flow battery systems and their related installation and other services. Its vanadium flow batteries are a form of heavy-duty, stationary energy storage, used in high-utilization applications such as being coupled with industrial-scale solar generation for distributed, low-carbon energy projects. The company's flow battery systems are ideal for commercial and industrial sites, grid network infrastructure projects, and off-grid applications, either standalone or alongside renewable energy such as solar PV. It generates the majority of its revenue from the sale of Battery systems and associated control systems. Its geographical segments are the United Kingdom, Asia, the United States, and Others.

Invinity Energy Systems Headlines

No Headlines