Ecomembrane SpA (MIL:ECMB) Total Inventories : €4.01 Mil (As of Dec. 2023)

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What is Ecomembrane SpA Total Inventories?

Ecomembrane SpA's total inventories for the quarter that ended in Dec. 2023 was €4.01 Mil. Ecomembrane SpA's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was €3.60 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ecomembrane SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €1.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ecomembrane SpA's Days Inventory for the six months ended in Dec. 2023 was 97.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ecomembrane SpA's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.87.

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. Ecomembrane SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.33.

Ecomembrane SpA Total Inventories Historical Data

The historical data trend for Ecomembrane SpA'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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Ecomembrane SpA Total Inventories Chart

Ecomembrane SpA Annual Data

Trend

Dec21

Dec22

Dec23

Total Inventories

2.25

2.73

4.01

Ecomembrane SpA Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23
Total Inventories	2.25	2.73	3.18	4.01

Ecomembrane SpA 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.

Ecomembrane SpA (MIL:ECMB) 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.

Ecomembrane SpA'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)
=	(7.476	+	0.75 * 5.974	+	0.5 * 4.011	-	9.555
-	0	-	0)	/	4.29412
=	1.03

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

Ecomembrane SpA's Days Inventory for the six 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
	=	3.5955	/	6.706	*	365 / 2
	=	97.85

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

Ecomembrane SpA'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 )
	=	6.706	/	3.5955
	=	1.87

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.

Ecomembrane SpA'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 )
	=	3.5955	/	10.962
	=	0.33

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.

Ecomembrane SpA Total Inventories Related Terms

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Ecomembrane SpA (MIL:ECMB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Ecomembrane SpA (MIL:ECMB) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Pari Opportunita n. 9, Gadesco, Pieve Delmona, ITA, 26030

Website

https://www.ecomembrane.com

Ecomembrane SpA operates in the sector of design, sale and installation of components for biogas and biomethane production plants and gas storage systems, such as biogas, methane, CO2 and hydrogen. Specifically, it carries out production activity which mainly takes the form of cutting, high-frequency welding and packaging of membrane covers using, as the main material, PVC-coated polyester fabric. The company operates globally and has the most extensive network in the world in terms of installations as well as production structure. Its products include 3Master, 2 Master, Cupola M2- heat shield, Cupola M3, Econtainer, M1 cone, and Claricover.

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