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Serinus Energy (WAR:SEN) Total Inventories : zł3.02 Mil (As of Mar. 2024)


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What is Serinus Energy Total Inventories?

Serinus Energy's total inventories for the quarter that ended in Mar. 2024 was zł3.02 Mil. Serinus Energy's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was zł2.89 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Serinus Energy's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was zł-1.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Serinus Energy's Days Inventory for the three months ended in Mar. 2024 was 18.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. Serinus Energy's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.89.

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. Serinus Energy's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.16.


Serinus Energy Total Inventories Historical Data

The historical data trend for Serinus Energy'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.

Serinus Energy Total Inventories Chart

Serinus Energy 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 - - 2.59 2.78 2.75

Serinus Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.15 2.47 2.95 2.75 3.02

Serinus Energy 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.


Serinus Energy  (WAR:SEN) 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.

Serinus Energy's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.18+0.75 * 32.614+0.5 * 3.023-213.854
-0-0)/113.513
=-1.64

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

Serinus Energy's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=2.887/14.12*365 / 4
=18.66

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

Serinus Energy's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=14.12 / 2.887
=4.89

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.

Serinus Energy's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=2.887 / 18.18
=0.16

* 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.


Serinus Energy Total Inventories Related Terms

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Serinus Energy (WAR:SEN) Business Description

Traded in Other Exchanges
Address
54 Bath Street, 2nd Floor, The Le Gallais Building, St Helier, JEY, JE1 1FW
Serinus Energy PLC operates as an oil exploration and development company. The company offers oil and gas production services and it has operations in Romania and Tunisia. The company currently holds three Tunisia concessions: the Sabria concession, the Chouech Es Saida concession, and the Ech Chouech concession. In Romania, it has one of the largest exploration blocks which is the Satu Mare concession.

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