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RNMBY (Rheinmetall AG) Total Inventories : $4,558 Mil (As of Sep. 2024)


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What is Rheinmetall AG Total Inventories?

Rheinmetall AG's total inventories for the quarter that ended in Sep. 2024 was $4,558 Mil. Rheinmetall AG's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $4,476 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Rheinmetall AG's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-26.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rheinmetall AG's Days Inventory for the three months ended in Sep. 2024 was 283.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rheinmetall AG's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.32.

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. Rheinmetall AG's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.64.


Rheinmetall AG Total Inventories Historical Data

The historical data trend for Rheinmetall AG'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.

Rheinmetall AG Total Inventories Chart

Rheinmetall AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,552.22 1,789.54 1,784.18 1,990.47 3,218.10

Rheinmetall AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3,482.39 3,218.10 4,194.57 4,393.97 4,558.27

Rheinmetall AG 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.


Rheinmetall AG  (OTCPK:RNMBY) 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.

Rheinmetall AG's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(526.082+0.75 * 2031.077+0.5 * 4558.269-9721.421
-0-413.984)/221.311
=-26.24

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

Rheinmetall AG's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=4476.1205/1442.842*365 / 4
=283.08

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

Rheinmetall AG's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=1442.842 / 4476.1205
=0.32

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.

Rheinmetall AG's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=4476.1205 / 2722.531
=1.64

* 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.


Rheinmetall AG Total Inventories Related Terms

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Rheinmetall AG Business Description

Address
Rheinmetall Platz 1, Dusseldorf, NW, DEU, 40476
Rheinmetall is an international group active in various markets with leading technological products and services. The sales focus is on the security technology and mobility segments. Since February 2021, the group structure has been made up of five divisions—vehicle systems, weapon and ammunition, electronic solutions, sensors and actuators, and materials and trade. The vehicle systems, weapon and ammunition, and electronic solutions divisions are among the defense and security industry's leading suppliers of innovative products to German and international defense forces. The sensors and actuators and materials and trade divisions' core area of expertise is the reduction of emissions, pollutants, and fuel consumption.

Rheinmetall AG Headlines

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