Minoan Group (LSE:MIN) Total Inventories : £48.22 Mil (As of Apr. 2024)

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What is Minoan Group Total Inventories?

Minoan Group's total inventories for the quarter that ended in Apr. 2024 was £48.22 Mil. Minoan Group's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Apr. 2024 was £48.11 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Minoan Group's Net-Net Working Capital per share for the quarter that ended in Apr. 2024 was £0.02.

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. Minoan Group's Inventory Turnover for the quarter that ended in Apr. 2024 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.

Minoan Group Total Inventories Historical Data

The historical data trend for Minoan 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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Minoan Group Total Inventories Chart

Minoan Group Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Total Inventories

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45.85

46.43

46.76

47.39

48.00

Minoan Group Semi-Annual Data
	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24
Total Inventories	Get a 7-Day Free Trial															47.00	47.39	47.56	48.00	48.22

Minoan 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.

Minoan Group (LSE:MIN) 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.

Minoan Group's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2024 is

	Net-Net Working Capital Per Share (Q: Apr. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.018	+	0.75 * 0.136	+	0.5 * 48.215	-	9.59
-	0	-	0)	/	844.359
=	0.02

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

Minoan Group's Days Inventory for the six months ended in Apr. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Apr. 2024 )	/	Cost of Goods Sold (Q: Apr. 2024 )	*	Days in Period
	=	48.105	/	0	*	365 / 2
	=

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

Minoan Group's Inventory Turnover for the quarter that ended in Apr. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Apr. 2024 )	/	Average Total Inventories (Q: Apr. 2024 )
	=	0	/	48.105
	=	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.

Minoan Group's Inventory to Revenue for the quarter that ended in Apr. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Apr. 2024 )	/	Revenue (Q: Apr. 2024 )
	=	48.105	/	0
	=

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.

Minoan Group Total Inventories Related Terms

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Minoan Group Business Description

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Address

Dingwall Road, 3rd Floor, AMP House, Croydon, Surrey, GBR, CR0 2LX

Website

https://www.minoangroup.com

Minoan Group PLC is a holding and management company. Through its subsidiaries, it engages in the design, creation, development, and management of hotels and resorts, and in the operation of independent travel businesses, through which the company acts as an agent in providing a range of services, including transportation, hotel, and other accommodation and leisure services.