Meglioquesto SpA (MIL:MQSPA) Total Inventories: €0.30 Mil (As of Jun. 2023)


MIL:MQSPA Meglioquesto SpA MIL:MQSPA
20 GF Score
Price €0.22
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What is Meglioquesto SpA Total Inventories?

Meglioquesto SpA MIL:MQSPA 20 Total Inventories is €0.30 Mil as of Jun. 2023. GuruFocus rates MIL:MQSPA with a GF Score™ of 20/100.

Meglioquesto SpA's total inventories for the quarter that ended in Jun. 2023 was €0.30 Mil. Meglioquesto SpA's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Jun. 2023 was €0.39 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Meglioquesto SpA's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was €-0.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Meglioquesto SpA's Days Inventory for the six months ended in Jun. 2023 was 37.81.

Inventory Turnover measures how fast the company turns over its inventory within a year. Meglioquesto SpA's Inventory Turnover for the quarter that ended in Jun. 2023 was 4.83.

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. Meglioquesto SpA's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.58.


Meglioquesto SpA  (MIL:MQSPA) 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.

Meglioquesto SpA'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)
=(4.845+0.75 * 34.887+0.5 * 0.295-76.025
-0-6.417)/62.871
=-0.82

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

Meglioquesto SpA'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
=0.392/1.892*365 / 2
=37.81

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

Meglioquesto SpA'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 )
=1.892 / 0.392
=4.83

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.

Meglioquesto SpA'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 )
=0.392 / 0.677
=0.58

* 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.


Meglioquesto SpA Total Inventories Related Terms


Meglioquesto SpA Total Inventories Historical Data

* Premium members only.

The historical data trend for Meglioquesto 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.

Meglioquesto SpA Total Inventories Chart

Meglioquesto SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Total Inventories
0.39 0.72 0.39 0.49

Meglioquesto SpA Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Total Inventories Get a 7-Day Free Trial 0.57 0.39 0.52 0.49 0.30
MIL:MQSPA
20GF Score
Meglioquesto SpA MIL:MQSPA
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Meglioquesto 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 €0.30 Mil mean?
Meglioquesto SpA (MIL:MQSPA) has a Total Inventories of €0.30 Mil as of Jun. 2023. The total amount of inventory as recorded on a company's balance sheet. View historical data for Meglioquesto SpA and its competitors.
Is Meglioquesto SpA's Total Inventories too high?
Meglioquesto SpA's current Total Inventories is €0.30 Mil. Overall, Meglioquesto SpA has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Meglioquesto SpA's Total Inventories compare to GOOGL and META?
Meglioquesto SpA's Total Inventories of €0.30 Mil can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Total Inventories depends on the Interactive Media 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 Meglioquesto SpA and its competitors. Meglioquesto SpA's current Total Inventories is €0.30 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meglioquesto SpA stock overvalued right now?
Meglioquesto SpA (MIL:MQSPA) has a current Total Inventories of €0.30 Mil. The current Total Inventories is €0.30 Mil. Meglioquesto SpA's overall GF Score™ is 20/100. 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 Meglioquesto SpA (MIL:MQSPA), the current Total Inventories is €0.30 Mil as of Jun. 2023. 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.

Meglioquesto SpA Business Description

Address Via Tucidide, 56, Milano, ITA, 20134
Meglioquesto SpA is a portal that provides professional, personal and free assistance and offers a solution or service in line with requests, in total transparency. It constantly analyzes and compares offers and services to give the best customized solutions.
20GF Score

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Total Inventories is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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