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Systemair AB (LTS:0HDK) Total Inventories : kr2,146 Mil (As of Jan. 2024)


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What is Systemair AB Total Inventories?

Systemair AB's total inventories for the quarter that ended in Jan. 2024 was kr2,146 Mil. Systemair AB's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Jan. 2024 was kr2,279 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Systemair AB's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was kr-2.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Systemair AB's Days Inventory for the three months ended in Jan. 2024 was 111.27.

Inventory Turnover measures how fast the company turns over its inventory within a year. Systemair AB's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.82.

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. Systemair AB's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.81.


Systemair AB Total Inventories Historical Data

The historical data trend for Systemair AB'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.

Systemair AB Total Inventories Chart

Systemair AB Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,509.40 1,571.50 1,436.90 2,224.90 2,459.20

Systemair AB Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2,490.40 2,459.20 2,477.40 2,411.70 2,146.00

Systemair AB 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.


Systemair AB  (LTS:0HDK) 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.

Systemair AB's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is

Net-Net Working Capital Per Share (Q: Jan. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(416.6+0.75 * 2604.9+0.5 * 2146-3904.7
-0-6.9)/208.105
=-2.25

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

Systemair AB's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=2278.85/1868.8*365 / 4
=111.27

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

Systemair AB's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2024 ) / Average Total Inventories (Q: Jan. 2024 )
=1868.8 / 2278.85
=0.82

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.

Systemair AB's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=2278.85 / 2826.7
=0.81

* 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.


Systemair AB Total Inventories Related Terms

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Systemair AB (LTS:0HDK) Business Description

Traded in Other Exchanges
Address
Industrivagen 3, Skinnskatteberg, SWE, SE-739 30
Systemair AB is a building material company that develops, manufactures, and markets ventilation products. The company's products under its flagship Systemair brand include air conditioning units, air curtains, air distribution products, and energy efficient fans. The company also markets products under their Frico, VEAB Heat Tech AB, Fantech, and Menerga segments. Frico manufactures air curtain and heating products, while VEAB primarily develops heating products. The Fantech segment markets to the residential sector, in contrast to Systemair's commercial base. Menerga produces high-efficiency air-handling units for specialized buildings such as museums, airports, and swimming pool halls. Systemair generates the majority of its revenue from Western Europe.

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