Paion Ag (LTS:0NF3) Total Inventories : €4.28 Mil (As of Jun. 2023)

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What is Paion Ag Total Inventories?

Paion Ag's total inventories for the quarter that ended in Jun. 2023 was €4.28 Mil. Paion Ag's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Jun. 2023 was €4.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Paion Ag's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was €-3.80.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Paion Ag's Days Inventory for the six months ended in Jun. 2023 was 204.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. Paion Ag's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.89.

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. Paion Ag's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.59.

Paion Ag Total Inventories Historical Data

The historical data trend for Paion 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.

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Paion Ag Total Inventories Chart

Paion Ag Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Inventories

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0.97

4.82

3.72

Paion Ag Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Inventories	Get a 7-Day Free Trial															3.03	4.82	4.23	3.72	4.28

Paion 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.

Paion Ag (LTS:0NF3) 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.

Paion Ag's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is

	Net-Net Working Capital Per Share (Q: Jun. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(4.647	+	0.75 * 1.854	+	0.5 * 4.284	-	35.303
-	0	-	0)	/	7.1337
=	-3.80

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

Paion Ag's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	4.002	/	3.573	*	365 / 2
	=	204.41

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

Paion Ag's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2023 )	/	Average Total Inventories (Q: Jun. 2023 )
	=	3.573	/	4.002
	=	0.89

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.

Paion Ag's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	4.002	/	6.79
	=	0.59

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.

Paion Ag Total Inventories Related Terms

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Paion Ag (LTS:0NF3) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Paion Ag (LTS:0NF3) » Definitions » Total Inventories

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PAIOF:USA PA8:Germany PA8:Germany PA8:Germany

Address

Heussstrasse 25, Aachen, DEU, 52078

Website

https://www.paion.com

Paion Ag is a holding company engaged in providing various services to the subsidiaries. The group is focused on developing and commercializing medical innovations for procedural sedation, anesthesia, and critical care services. The key product of the company is remimazolam, which is an ultra-short-acting intravenous benzodiazepine sedative. In the human body, remimazolam is rapidly metabolized to an inactive metabolite by tissue esterases and not metabolized by cytochrome-dependent hepatic pathways. The organization is based in Germany.

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