GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aurubis AG (LTS:0K7F) » Definitions » Total Inventories

Aurubis AG (LTS:0K7F) Total Inventories : €3,941 Mil (As of Jun. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Aurubis AG Total Inventories?

Aurubis AG's total inventories for the quarter that ended in Jun. 2024 was €3,941 Mil. Aurubis AG's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Jun. 2024 was €3,886 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Aurubis AG's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €-15.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aurubis AG's Days Inventory for the three months ended in Jun. 2024 was 84.58.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aurubis AG's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.08.

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. Aurubis AG's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.83.


Aurubis AG Total Inventories Historical Data

The historical data trend for Aurubis AG'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.

Aurubis AG Total Inventories Chart

Aurubis AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,993.27 2,463.77 2,804.21 3,552.92 3,399.40

Aurubis AG Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 3,907.00 3,399.40 3,690.00 3,830.61 3,941.00

Aurubis AG 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.


Aurubis AG  (LTS:0K7F) 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.

Aurubis AG'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)
=(69+0.75 * 935+0.5 * 3941-3421
-0-0)/43.659
=-15.58

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

Aurubis AG's Days Inventory for the three 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
=3885.806/4192.184*365 / 4
=84.58

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

Aurubis AG'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 )
=4192.184 / 3885.806
=1.08

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.

Aurubis AG'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 )
=3885.806 / 4698.963
=0.83

* 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.


Aurubis AG Total Inventories Related Terms

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


Aurubis AG Business Description

Traded in Other Exchanges
Address
Hovestrasse 50, Hamburg, BY, DEU, 20539
Aurubis AG produces copper, using raw materials which include copper concentrates and recycling materials. The company also produces precious metals such as gold and silver and a range of other products, including sulfuric acid and iron silicate, as byproducts of copper production. Revenue is predominantly generated through the sale of continuous cast wire rods, copper cathodes, precious metals and continuous cast shapes, used in the manufacture of cables and wires which are used in electrical applications. It has two segments Multimetal Recycling and Custom Smelting & Products which is the key revenue generating segment. The company is based in Germany and has production sites across Europe and the United States.

Aurubis AG Headlines

No Headlines