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Progres AD (XBLB:PRGS-R-A) Total Inventories : BAM0.45 Mil (As of Dec. 2024)


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What is Progres AD Total Inventories?

Progres AD's total inventories for the quarter that ended in Dec. 2024 was BAM0.45 Mil. Progres AD's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Dec. 2024 was BAM0.44 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Progres AD's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was BAM-2.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Progres AD's Days Inventory for the six months ended in Dec. 2024 was 27.74.

Inventory Turnover measures how fast the company turns over its inventory within a year. Progres AD's Inventory Turnover for the quarter that ended in Dec. 2024 was 6.58.

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. Progres AD's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.31.


Progres AD Total Inventories Historical Data

The historical data trend for Progres AD'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.

Progres AD Total Inventories Chart

Progres AD Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
0.90 0.65 0.69 0.43 0.45

Progres AD Semi-Annual Data
Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories 0.90 0.65 0.69 0.43 0.45

Progres AD 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.


Progres AD  (XBLB:PRGS-R-A) 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.

Progres AD's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.027+0.75 * 0.531+0.5 * 0.451-15.989
-0-0)/6.119
=-2.51

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

Progres AD's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=0.4415/2.905*365 / 2
=27.74

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

Progres AD's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=2.905 / 0.4415
=6.58

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.

Progres AD's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=0.4415 / 1.442
=0.31

* 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.


Progres AD Total Inventories Related Terms

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Progres AD Business Description

Traded in Other Exchanges
N/A
Address
Ulica Zmaj Jovina number 8-10, Belgrade, SRB, 71000
Progres AD provides psycho-social support for children, youth and adults on the territory of Bosnia and Herzegovina.

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