RedFish LongTerm Capital SpA (MIL:RFLTC) Total Inventories : €18.44 Mil (As of Jun. 2024)

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What is RedFish LongTerm Capital SpA Total Inventories?

RedFish LongTerm Capital SpA's total inventories for the quarter that ended in Jun. 2024 was €18.44 Mil. RedFish LongTerm Capital SpA's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was €13.42 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. RedFish LongTerm Capital SpA's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €-2.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. RedFish LongTerm Capital SpA's Days Inventory for the six months ended in Jun. 2024 was 139.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. RedFish LongTerm Capital SpA's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.31.

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. RedFish LongTerm Capital SpA's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.66.

RedFish LongTerm Capital SpA Total Inventories Historical Data

The historical data trend for RedFish LongTerm Capital 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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RedFish LongTerm Capital SpA Total Inventories Chart

RedFish LongTerm Capital SpA Annual Data

Trend

Dec21

Dec22

Dec23

Total Inventories

8.40

RedFish LongTerm Capital SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Inventories	Get a 7-Day Free Trial			-	-	7.21	8.40	18.44

RedFish LongTerm Capital 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.

RedFish LongTerm Capital SpA (MIL:RFLTC) 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.

RedFish LongTerm Capital 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)
=	(12.271	+	0.75 * 11.824	+	0.5 * 18.435	-	69.925
-	0	-	13.041)	/	25.6723
=	-2.05

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

RedFish LongTerm Capital 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
	=	13.4165	/	17.52	*	365 / 2
	=	139.76

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

RedFish LongTerm Capital 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 )
	=	17.52	/	13.4165
	=	1.31

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.

RedFish LongTerm Capital 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 )
	=	13.4165	/	20.214
	=	0.66

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.

RedFish LongTerm Capital SpA Total Inventories Related Terms

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RedFish LongTerm Capital SpA Business Description

Industry

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HN5:Germany

Address

Via del Carmine, 11, Milano, ITA, 20121

Website

https://longterm.redfish.capital

RedFish LongTerm Capital SpA is an industrial holding company specializing in the acquisition of shares in family-run Italian SMEs. The company acquires qualified minority or majority shareholdings with the intention of maintaining these investments over a long period of time, either through its investment or through club deal structures, with the involvement of other investors. The role of the company in the ecosystem of its subsidiaries is to support them in increasing some critical areas by providing them with support services to managers for the financial side, management control and debt optimization, but above all advisory services for the acquisition of Target Companies in order to pursue the development plan for external lines.

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