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Vimi Fasteners SpA (MIL:VIM) Total Inventories : €14.17 Mil (As of Jun. 2024)


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What is Vimi Fasteners SpA Total Inventories?

Vimi Fasteners SpA's total inventories for the quarter that ended in Jun. 2024 was €14.17 Mil. Vimi Fasteners SpA's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was €13.78 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Vimi Fasteners SpA's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €-1.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vimi Fasteners SpA's Days Inventory for the six months ended in Jun. 2024 was 145.15.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vimi Fasteners SpA's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.26.

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. Vimi Fasteners SpA's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.47.


Vimi Fasteners SpA Total Inventories Historical Data

The historical data trend for Vimi Fasteners 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.

Vimi Fasteners SpA Total Inventories Chart

Vimi Fasteners 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 9.42 11.20 12.96 13.38 12.93

Vimi Fasteners SpA Semi-Annual Data
Dec15 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 12.96 15.46 13.38 14.17 12.93

Vimi Fasteners 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.


Vimi Fasteners SpA  (MIL:VIM) 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.

Vimi Fasteners 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)
=(5.135+0.75 * 16.657+0.5 * 14.171-47.214
-0-0)/13.463
=-1.67

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

Vimi Fasteners 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
=13.776/17.321*365 / 2
=145.15

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

Vimi Fasteners 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 )
=17.321 / 13.776
=1.26

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.

Vimi Fasteners 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 )
=13.776 / 29.467
=0.47

* 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.


Vimi Fasteners SpA Total Inventories Related Terms

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Vimi Fasteners SpA Business Description

Traded in Other Exchanges
N/A
Address
Via Labriola, 19, Reggio Emilia, Novellara, ITA, 42017
Vimi Fasteners SpA is an Italian company that manufactures and markets fasteners and mechanical components for the automotive, industrial engine, agricultural infrastructure, oil and gas, and renewable energy sectors. The different products offered by the company include connecting rod screws, screws and studs for braking systems, turbocharger screws and shafts, pins, wheel hubs, and others. Geographically, the company generates maximum revenue from the European Union (EU) countries, followed by Italy, the United States and Canada, and other regions.

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