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Grupa Azoty Zaklady Azotowe Pulawy (WAR:ZAP) Total Inventories : zł532 Mil (As of Mar. 2024)


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What is Grupa Azoty Zaklady Azotowe Pulawy Total Inventories?

Grupa Azoty Zaklady Azotowe Pulawy's total inventories for the quarter that ended in Mar. 2024 was zł532 Mil. Grupa Azoty Zaklady Azotowe Pulawy's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Mar. 2024 was zł521 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Grupa Azoty Zaklady Azotowe Pulawy's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was zł-150.92.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Grupa Azoty Zaklady Azotowe Pulawy's Days Inventory for the three months ended in Mar. 2024 was 51.59.

Inventory Turnover measures how fast the company turns over its inventory within a year. Grupa Azoty Zaklady Azotowe Pulawy's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.77.

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. Grupa Azoty Zaklady Azotowe Pulawy's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.58.


Grupa Azoty Zaklady Azotowe Pulawy Total Inventories Historical Data

The historical data trend for Grupa Azoty Zaklady Azotowe Pulawy'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.

Grupa Azoty Zaklady Azotowe Pulawy Total Inventories Chart

Grupa Azoty Zaklady Azotowe Pulawy Annual Data
Trend Jun13 Jun14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 398.23 445.36 396.63 525.51 827.09

Grupa Azoty Zaklady Azotowe Pulawy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 827.09 998.62 652.71 509.69 531.74

Grupa Azoty Zaklady Azotowe Pulawy 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.


Grupa Azoty Zaklady Azotowe Pulawy  (WAR:ZAP) 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.

Grupa Azoty Zaklady Azotowe Pulawy'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)
=(178.375+0.75 * 851.751+0.5 * 531.739-3967.653
-0-0.146)/19.115
=-150.92

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

Grupa Azoty Zaklady Azotowe Pulawy'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
=520.7165/921.089*365 / 4
=51.59

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

Grupa Azoty Zaklady Azotowe Pulawy'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 )
=921.089 / 520.7165
=1.77

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.

Grupa Azoty Zaklady Azotowe Pulawy'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 )
=520.7165 / 902.237
=0.58

* 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.


Grupa Azoty Zaklady Azotowe Pulawy Total Inventories Related Terms

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Grupa Azoty Zaklady Azotowe Pulawy (WAR:ZAP) Business Description

Traded in Other Exchanges
Address
Al. Tysiaclecia Panstwa Polskiego 13, Pulawy, POL, 24-110
Grupa Azoty Zaklady Azotowe Pulawy SA is a manufacturer and supplier of mineral fertilizers, basic chemicals and also involved in the procurement of raw materials and consumables. The company's segment includes Agro; Plastics; Energy and Other Activities. It generates maximum revenue from the Agro segment. The Agro Segment comprises the manufacturing of ammonia and products derived from the processing of ammonia, in particular urea and its solutions, including urea-ammonium nitrate solution, melamine, nitric acid, ammonium nitrate, technical gases, hydrogen peroxide, as well as phosphorus, potassium and blended fertilizers.

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