Europtronic Group (SGX:E23) Total Inventories: S$0.07 Mil (As of Sep. 2017)

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What is Europtronic Group Total Inventories?

Europtronic Group SGX:E23 Total Inventories is S$0.07 Mil as of Sep. 2017. The stock has 2 warning signs investors should review.

Europtronic Group's total inventories for the quarter that ended in Sep. 2017 was S$0.07 Mil. Europtronic Group's average total inventories from the quarter that ended in Jun. 2017 to the quarter that ended in Sep. 2017 was S$0.05 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Europtronic Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2017 was S$-0.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Europtronic Group's Days Inventory for the three months ended in Sep. 2017 was 37.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Europtronic Group's Inventory Turnover for the quarter that ended in Sep. 2017 was 2.43.

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. Europtronic Group's Inventory-to-Revenue for the quarter that ended in Sep. 2017 was 0.35.


Europtronic Group  (SGX:E23) 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.

Europtronic Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2017 is

Net-Net Working Capital Per Share (Q: Sep. 2017 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.119+0.75 * 0+0.5 * 0.067-72.61
-0-1.054)/943.730
=-0.08

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

Europtronic Group's Days Inventory for the three months ended in Sep. 2017 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2017 )/Cost of Goods Sold (Q: Sep. 2017 )*Days in Period
=0.0535/0.13*365 / 4
=37.55

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

Europtronic Group's Inventory Turnover for the quarter that ended in Sep. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2017 ) / Average Total Inventories (Q: Sep. 2017 )
=0.13 / 0.0535
=2.43

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.

Europtronic Group's Inventory to Revenue for the quarter that ended in Sep. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2017 ) / Revenue (Q: Sep. 2017 )
=0.0535 / 0.152
=0.35

* 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.


Europtronic Group Total Inventories Related Terms


Europtronic Group Total Inventories Historical Data

* Premium members only.

The historical data trend for Europtronic Group'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.

Europtronic Group Total Inventories Chart

Europtronic Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.89 7.65 5.62 5.60 0.12

Europtronic Group Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 5.66 0.12 0.08 0.04 0.07

Europtronic Group 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 S$0.07 Mil mean?
Europtronic Group (SGX:E23) has a Total Inventories of S$0.07 Mil as of Sep. 2017. The total amount of inventory as recorded on a company's balance sheet. View historical data for Europtronic Group and its competitors.
Is Europtronic Group's Total Inventories too high?
Europtronic Group's current Total Inventories is S$0.07 Mil.
How does Europtronic Group's Total Inventories compare to competitors?
Europtronic Group's Total Inventories of S$0.07 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Total Inventories depends on the Hardware 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 Europtronic Group and its competitors. Europtronic Group's current Total Inventories is S$0.07 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Europtronic Group stock overvalued right now?
Europtronic Group (SGX:E23) has a current Total Inventories of S$0.07 Mil. The current Total Inventories is S$0.07 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 Europtronic Group (SGX:E23), the current Total Inventories is S$0.07 Mil as of Sep. 2017. 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.

Europtronic Group Business Description

Europtronic Group Ltd is a China-based investment holding company. The company is primarily engaged in production, distribution, and marketing of electronic components. The Company operates in two segments namely, Manufacturing segment comprises of producing of film capacitors, interference suppression capacitors (X2), snubber capacitors, DC Link capacitors and AC capacitors which also contributes a major part of revenue; and Distribution segment distributes other active and passive components, such as fuses, resistors, capacitors, inductors, crystals, opto-devices, liquid crystal display (LCD) panels and other related products. Most of its revenue is earned through the China market while it also has a presence in Singapore, Taiwan, and Hong Kong market.