Ivision Tech SpA (MIL:IVN) Total Inventories : €4.81 Mil (As of Jun. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Ivision Tech SpA Total Inventories?

Ivision Tech SpA's total inventories for the quarter that ended in Jun. 2024 was €4.81 Mil. Ivision Tech SpA's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was €3.67 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ivision Tech SpA's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €-1.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ivision Tech SpA's Days Inventory for the six months ended in Jun. 2024 was 306.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ivision Tech SpA's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.60.

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. Ivision Tech SpA's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.68.

Ivision Tech SpA Total Inventories Historical Data

The historical data trend for Ivision Tech 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.

* Premium members only.

Ivision Tech SpA Total Inventories Chart

Ivision Tech SpA Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Total Inventories

2.47

2.99

2.54

5.31

Ivision Tech SpA Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Total Inventories	Get a 7-Day Free Trial			2.99	2.70	2.54	4.81	5.31

Ivision Tech 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.

Ivision Tech SpA (MIL:IVN) 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.

Ivision Tech 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)
=	(1.857	+	0.75 * 6.063	+	0.5 * 4.805	-	17.944
-	0	-	0.917)	/	6.939
=	-1.45

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

Ivision Tech 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
	=	3.671	/	2.187	*	365 / 2
	=	306.34

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

Ivision Tech 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 )
	=	2.187	/	3.671
	=	0.60

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.

Ivision Tech 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 )
	=	3.671	/	5.375
	=	0.68

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.

Ivision Tech SpA Total Inventories Related Terms

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

Ivision Tech SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ivision Tech SpA (MIL:IVN) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Spilimbergo, 154, Martignacco, ITA, 33035

Website

https://www.ivisiontech.eu

Ivision Tech SpA is an innovative SME active in the sector of design and production of eyeglass frames, prescription and sun, in acetate and combined, representing a reality of excellence in Made in Italy manufacturing. The company operates in two divisions iVision Eyewear and iVision R&D. iVision Eyewear is active in the design, development of prototypes, industrialization and mass production phases of acetate eyewear, for which it uses cutting-edge machinery and software. iVision R&D is active in research and development with the aim of applying increasingly innovative technologies to eyewear.

Ivision Tech SpA Headlines

No Headlines