GEL SpA (MIL:GEL) Total Inventories: €4.74 Mil (As of Jun. 2024)


MIL:GEL GEL SpA MIL:GEL
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What is GEL SpA Total Inventories?

GEL SpA MIL:GEL 25 Total Inventories is €4.74 Mil as of Jun. 2024. GuruFocus rates MIL:GEL with a GF Score™ of 25/100.

GEL SpA's total inventories for the quarter that ended in Jun. 2024 was €4.74 Mil. GEL SpA's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was €4.29 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. GEL SpA's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €-0.55.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GEL SpA's Days Inventory for the six months ended in Jun. 2024 was 241.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. GEL SpA's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.76.

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. GEL SpA's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.56.

GEL SpA  (MIL:GEL) 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.

GEL SpA'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)
=(1.535+0.75 * 4.151+0.5 * 4.739-10.742
-0-0)/6.754
=-0.55

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

GEL SpA's Days Inventory for the six 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
=4.288/3.244*365 / 2
=241.23

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

GEL SpA'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 )
=3.244 / 4.288
=0.76

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.

GEL SpA'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 )
=4.288 / 7.708
=0.56

* 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.

GEL SpA Total Inventories Related Terms

GEL SpA Total Inventories Historical Data

* Premium members only.

The historical data trend for GEL 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.

GEL SpA Total Inventories Chart

GEL SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.08 3.53 4.86 3.84 4.13

GEL SpA Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 4.86 4.83 3.84 4.74 4.13
MIL:GEL
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GEL 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of €4.74 Mil mean?
GEL SpA (MIL:GEL) has a Total Inventories of €4.74 Mil as of Jun. 2024. The total amount of inventory as recorded on a company's balance sheet. View historical data for GEL SpA and its competitors.
Is GEL SpA's Total Inventories too high?
GEL SpA's current Total Inventories is €4.74 Mil. Overall, GEL SpA has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does GEL SpA's Total Inventories compare to VLTO and ZWS?
GEL SpA's Total Inventories of €4.74 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for an Industrial Products company?
A good Total Inventories depends on the Industrial Products industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for GEL SpA and its competitors. GEL SpA's current Total Inventories is €4.74 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GEL SpA stock overvalued right now?
GEL SpA (MIL:GEL) has a current Total Inventories of €4.74 Mil. The current Total Inventories is €4.74 Mil. GEL SpA's overall GF Score™ is 25/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For GEL SpA (MIL:GEL), the current Total Inventories is €4.74 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

GEL SpA Business Description

Address Via Enzo Ferrari 1, Castelfidardo, ITA, 60022
GEL SpA is an Italian company engaged in the business of designing and manufacturing products to treat water. The company offers filters, disinfectants, softeners, dosers, mud removers, conditioners, and other water treatment products to its clients. In addition, it provides water treatment services for the following divisions; Medical, Food, and Mobile Installations. Desalination services and leachate treatment services are also provided by the company.
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