Grab2Go AS (OTSE:GRB2G) Total Inventories : €0.07 Mil (As of Jun. 2023)

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What is Grab2Go AS Total Inventories?

Grab2Go AS's total inventories for the quarter that ended in Jun. 2023 was €0.07 Mil. Grab2Go AS's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Jun. 2023 was €0.07 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Grab2Go AS's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was €0.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Grab2Go AS's Days Inventory for the six months ended in Jun. 2023 was 12,227.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Grab2Go AS's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.01.

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.

Grab2Go AS Total Inventories Historical Data

The historical data trend for Grab2Go AS'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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Grab2Go AS Total Inventories Chart

Grab2Go AS Annual Data

Trend

Dec21

Dec22

Total Inventories

0.07

Grab2Go AS Semi-Annual Data
	Jun22	Dec22	Jun23
Total Inventories	-	0.07	0.07

Grab2Go AS 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.

Grab2Go AS (OTSE:GRB2G) 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.

Grab2Go AS's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is

	Net-Net Working Capital Per Share (Q: Jun. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.28	+	0.75 * 0.005	+	0.5 * 0.067	-	0.052
-	0	-	0)	/	8.12527
=	0.03

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

Grab2Go AS's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	0.067	/	0.001	*	365 / 2
	=	12,227.50

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

Grab2Go AS's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2023 )	/	Average Total Inventories (Q: Jun. 2023 )
	=	0.001	/	0.067
	=	0.01

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.

Grab2Go AS's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	0.067	/	0
	=

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.

Grab2Go AS Total Inventories Related Terms

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Grab2Go AS (OTSE:GRB2G) Business Description

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Address

Veskiposti tn 2-1002, Harju maakond, Tallinn, EST, 10138

Website

https://www.grab2go.eu

Grab2Go AS develops and manufactures autonomous, unmanned and robotic convenience store and pharmacy technology. Its technology and solutions make it possible to achieve a significant increase in efficiency, resource savings and a better consumer experience in the operation of convenience stores, pharmacies and other similar points of sale. The company has developed a completely unique Cloud Platform to remotely manage and operate Its Autonomous Stores in Real-Time. Grab2Go earns revenue from the sale of hardware solutions (machines) (one-time revenue), maintenance of hardware solutions (machines) (periodic payments), licensing of software solutions (periodic payments) and software development.

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