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Tornado Global Hydrovacs (STU:2FT) Total Inventories : €22.58 Mil (As of Sep. 2024)


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What is Tornado Global Hydrovacs Total Inventories?

Tornado Global Hydrovacs's total inventories for the quarter that ended in Sep. 2024 was €22.58 Mil. Tornado Global Hydrovacs's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was €20.97 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Tornado Global Hydrovacs's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was €0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tornado Global Hydrovacs's Days Inventory for the three months ended in Sep. 2024 was 114.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tornado Global Hydrovacs's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.80.

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. Tornado Global Hydrovacs's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.04.


Tornado Global Hydrovacs Total Inventories Historical Data

The historical data trend for Tornado Global Hydrovacs'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.

Tornado Global Hydrovacs Total Inventories Chart

Tornado Global Hydrovacs Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only 7.78 5.31 5.74 12.88 15.43

Tornado Global Hydrovacs 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 18.66 15.43 16.75 19.36 22.58

Tornado Global Hydrovacs 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.


Tornado Global Hydrovacs  (STU:2FT) 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.

Tornado Global Hydrovacs'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)
=(1.974+0.75 * 6.532+0.5 * 22.58-17.755
-0-0)/137.556
=0.00

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

Tornado Global Hydrovacs'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
=20.972/16.763*365 / 4
=114.16

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

Tornado Global Hydrovacs'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 )
=16.763 / 20.972
=0.80

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.

Tornado Global Hydrovacs'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 )
=20.972 / 20.254
=1.04

* 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.


Tornado Global Hydrovacs Total Inventories Related Terms

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Tornado Global Hydrovacs Business Description

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Traded in Other Exchanges
Address
7015 MacLeod Trail South West, Suite 510, Calgary, AB, CAN, T2H 2K6
Tornado Global Hydrovacs Ltd is a truck manufacturer. The company, through its subsidiaries, designs, fabricates, manufactures, and sells hydro vac trucks to excavation service providers in the municipal and oil and gas markets in North America and has expanded into China. It has two geographic operating segments, North American manufacturing and sales operations, and its China operation. The majority of its revenue is derived from the North American manufacturing segment.

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