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Solar Foods Oyj (OHEL:SFOODS) Total Inventories : €0.00 Mil (As of Dec. 2023)


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What is Solar Foods Oyj Total Inventories?

Solar Foods Oyj's total inventories for the quarter that ended in Dec. 2023 was €0.00 Mil. Solar Foods Oyj's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Dec. 2023 was €0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Solar Foods Oyj's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-0.48.

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

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

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. Solar Foods Oyj's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Solar Foods Oyj Total Inventories Historical Data

The historical data trend for Solar Foods Oyj'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.

Solar Foods Oyj Total Inventories Chart

Solar Foods Oyj Annual Data
Trend Dec21 Dec22 Dec23
Total Inventories
- - -

Solar Foods Oyj Semi-Annual Data
Dec21 Dec22 Dec23
Total Inventories - - -

Solar Foods Oyj 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.

Solar Foods Oyj  (OHEL:SFOODS) 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.

Solar Foods Oyj's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(16.387+0.75 * 0.003+0.5 * 0-28.244
-0-0)/24.553
=-0.48

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

Solar Foods Oyj's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=0/0*365 / 2
=

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

Solar Foods Oyj's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=0 / 0
=N/A

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.

Solar Foods Oyj's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0 / 2.951
=0.00

* 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.

Solar Foods Oyj Total Inventories Related Terms

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Solar Foods Oyj Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Solar Foods Oyj (OHEL:SFOODS) » Definitions » Total Inventories
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Traded in Other Exchanges
H4N:Germany
Address
Bull run 11, Vantaa, FIN, 01730
Website
https://www.solarfoods.com
Solar Foods Oyj is a technology company that aims to commercialize food raw materials that nutritionally replace animal-based food and the patented technology platform used to produce them, hydrogen fermentation. Its first commercialized product is Solein, Solein is a protein-rich powder based on a single-celled microbe that occurs in nature. Solar Foods produces Solein as a food protein.

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