MOOV (Moove Lubricants Holdings) Total Inventories: $279.22 Mil (As of Jun. 2024)


What is Moove Lubricants Holdings Total Inventories?

Moove Lubricants Holdings MOOV Total Inventories is $279.22 Mil as of Jun. 2024.

Moove Lubricants Holdings's total inventories for the quarter that ended in Jun. 2024 was $279.22 Mil. Moove Lubricants Holdings's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was $271.01 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Moove Lubricants Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $-7.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Moove Lubricants Holdings's Days Inventory for the six months ended in Jun. 2024 was 74.25.

Inventory Turnover measures how fast the company turns over its inventory within a year. Moove Lubricants Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.46.

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. Moove Lubricants Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.29.

Moove Lubricants Holdings  (NYSE:MOOV) 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.

Moove Lubricants Holdings'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)
=(146.621+0.75 * 255.862+0.5 * 279.22-1318.391
-0-0.133)/111.141
=-7.56

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

Moove Lubricants Holdings'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
=271.0145/666.126*365 / 2
=74.25

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

Moove Lubricants Holdings'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 )
=666.126 / 271.0145
=2.46

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.

Moove Lubricants Holdings'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 )
=271.0145 / 932.921
=0.29

* 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.

Moove Lubricants Holdings Total Inventories Related Terms

Moove Lubricants Holdings Total Inventories Historical Data

* Premium members only.

The historical data trend for Moove Lubricants Holdings'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.

Moove Lubricants Holdings Total Inventories Chart

Moove Lubricants Holdings Annual Data
Trend Dec21 Dec22 Dec23
Total Inventories
0.00 287.75 262.81

Moove Lubricants Holdings Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24
Total Inventories 0.00 287.75 0.00 262.81 279.22

Moove Lubricants Holdings 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 $279.22 Mil mean?
Moove Lubricants Holdings (MOOV) has a Total Inventories of $279.22 Mil as of Jun. 2024. The total amount of inventory as recorded on a company's balance sheet. View historical data for Moove Lubricants Holdings and its competitors.
Is Moove Lubricants Holdings' Total Inventories too high?
Moove Lubricants Holdings' current Total Inventories is $279.22 Mil.
How does Moove Lubricants Holdings' Total Inventories compare to ?
Moove Lubricants Holdings' Total Inventories of $279.22 Mil can be compared against companies in the Chemicals 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 a Chemicals company?
A good Total Inventories depends on the Chemicals 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 Moove Lubricants Holdings and its competitors. Moove Lubricants Holdings's current Total Inventories is $279.22 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moove Lubricants Holdings stock overvalued right now?
Moove Lubricants Holdings (MOOV) has a current Total Inventories of $279.22 Mil. The current Total Inventories is $279.22 Mil. 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 Moove Lubricants Holdings (MOOV), the current Total Inventories is $279.22 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.

Moove Lubricants Holdings Business Description

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Address Av. Brigadeiro Faria Lima, 4,100 - 8th Floor, Sao Paul, SP, BRA, 04538-132
Moove Lubricants Holdings is a lubricants solutions provider. The company specializes in the formulation, manufacturing, distribution, marketing, selling and servicing of lubricant products across a diverse range of end markets and customers.