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Corporacion America Airports (Corporacion America Airports) Total Inventories : $16 Mil (As of Dec. 2023)


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What is Corporacion America Airports Total Inventories?

Corporacion America Airports's total inventories for the quarter that ended in Dec. 2023 was $16 Mil. Corporacion America Airports's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $16 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Corporacion America Airports's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-14.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Corporacion America Airports's Days Inventory for the three months ended in Dec. 2023 was 15.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. Corporacion America Airports's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.03.

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. Corporacion America Airports's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.13.


Corporacion America Airports Total Inventories Historical Data

The historical data trend for Corporacion America Airports'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.

Corporacion America Airports Total Inventories Chart

Corporacion America Airports Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.30 8.02 11.52 15.77 16.15

Corporacion America Airports Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 15.77 11.52 12.29 15.59 16.15

Corporacion America Airports 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.


Corporacion America Airports  (NYSE:CAAP) 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.

Corporacion America Airports's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(448.216+0.75 * 143.007+0.5 * 16.148-2738.067
-0-78.929)/160.972
=-14.00

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

Corporacion America Airports's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=15.8675/95.656*365 / 4
=15.14

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

Corporacion America Airports's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=95.656 / 15.8675
=6.03

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.

Corporacion America Airports's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=15.8675 / 126.267
=0.13

* 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.


Corporacion America Airports Total Inventories Related Terms

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Corporacion America Airports (Corporacion America Airports) Business Description

Traded in Other Exchanges
N/A
Address
128, Boulevard de la Petrusse, Grand Duchy of Luxembourg, Luxembourg, LUX, L-2330
Corporacion America Airports SA acquires, develops and operates airport concessions. Its operating segments are geographically divided into Argentina, Italy, Brazil, Uruguay, Ecuador and Armenia. The company generates a majority of its revenue from the Argentina segment. The firm's revenue is categorized into Aeronautical Revenue, Non-Aeronautical Revenue, Commercial Revenue, Construction Service Revenue, and Other Revenue.