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SAS AB (OSTO:SAS) Total Inventories : kr499 Mil (As of Jan. 2024)


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What is SAS AB Total Inventories?

SAS AB's total inventories for the quarter that ended in Jan. 2024 was kr499 Mil. SAS AB's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Jan. 2024 was kr471 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. SAS AB's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was kr-7.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SAS AB's Days Inventory for the three months ended in Jan. 2024 was 5.15.

Inventory Turnover measures how fast the company turns over its inventory within a year. SAS AB's Inventory Turnover for the quarter that ended in Jan. 2024 was 17.70.

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. SAS AB's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.05.


SAS AB Total Inventories Historical Data

The historical data trend for SAS AB'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.

SAS AB Total Inventories Chart

SAS AB Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 346.00 510.00 412.00 319.00 443.00

SAS AB Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 Premium Member Only Premium Member Only 273.00 288.00 324.00 443.00 499.00

SAS AB 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.


SAS AB  (OSTO:SAS) 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.

SAS AB's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is

Net-Net Working Capital Per Share (Q: Jan. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5290+0.75 * 6258+0.5 * 499-62459
-0-0)/7266.04
=-7.19

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

SAS AB's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=471/8339*365 / 4
=5.15

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

SAS AB's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2024 ) / Average Total Inventories (Q: Jan. 2024 )
=8339 / 471
=17.70

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.

SAS AB's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=471 / 8923
=0.05

* 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.


SAS AB Total Inventories Related Terms

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SAS AB (OSTO:SAS) Business Description

Traded in Other Exchanges
Address
Frosundaviks Alle 1, Solna, Stockholm, SWE, SE-195 87
SAS AB is a Scandinavian airline that offers transportation to many domestic and international destinations. Its target audience is frequent business and leisure travelers, and the airline attempts to develop services that make travel easier. Loyalty programs coupled with new applications and bundled packages give customers increased access and various options to plan a trip. Passenger traffic throughout Denmark, Norway, and Sweden account for approximately one-third of total revenue, but the airline does have a worldwide reach. Partnerships with other airlines enhance their global destination network and help customers use different airlines at numerous airports.

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