Advance Equity Holding AD Sofia (XBUL:ADVE) Total Inventories: лв4.94 Mil (As of Sep. 2019)

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What is Advance Equity Holding AD Sofia Total Inventories?

Advance Equity Holding AD Sofia XBUL:ADVE Total Inventories is лв4.94 Mil as of Sep. 2019.

Advance Equity Holding AD Sofia's total inventories for the quarter that ended in Sep. 2019 was лв4.94 Mil. Advance Equity Holding AD Sofia's average total inventories from the quarter that ended in Jun. 2019 to the quarter that ended in Sep. 2019 was лв5.56 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Advance Equity Holding AD Sofia's Net-Net Working Capital per share for the quarter that ended in Sep. 2019 was лв-0.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Advance Equity Holding AD Sofia's Days Inventory for the three months ended in Sep. 2019 was 206.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. Advance Equity Holding AD Sofia's Inventory Turnover for the quarter that ended in Sep. 2019 was 0.44.

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. Advance Equity Holding AD Sofia's Inventory-to-Revenue for the quarter that ended in Sep. 2019 was 1.26.

Advance Equity Holding AD Sofia  (XBUL:ADVE) 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.

Advance Equity Holding AD Sofia's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2019 is

Net-Net Working Capital Per Share (Q: Sep. 2019 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.142+0.75 * 0.881+0.5 * 4.942-18.99
-0--1.412)/35.946
=-0.40

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

Advance Equity Holding AD Sofia's Days Inventory for the three months ended in Sep. 2019 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2019 )/Cost of Goods Sold (Q: Sep. 2019 )*Days in Period
=5.56/2.462*365 / 4
=206.07

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

Advance Equity Holding AD Sofia's Inventory Turnover for the quarter that ended in Sep. 2019 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2019 ) / Average Total Inventories (Q: Sep. 2019 )
=2.462 / 5.56
=0.44

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.

Advance Equity Holding AD Sofia's Inventory to Revenue for the quarter that ended in Sep. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2019 ) / Revenue (Q: Sep. 2019 )
=5.56 / 4.4
=1.26

* 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.

Advance Equity Holding AD Sofia Total Inventories Related Terms

Advance Equity Holding AD Sofia Total Inventories Historical Data

* Premium members only.

The historical data trend for Advance Equity Holding AD Sofia'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.

Advance Equity Holding AD Sofia Total Inventories Chart

Advance Equity Holding AD Sofia Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Total Inventories
Get a 7-Day Free Trial 4.26 7.42 2.58 3.10 1.99

Advance Equity Holding AD Sofia Quarterly Data
Jun14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Jun19 Sep19
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 5.96 4.23 1.99 6.18 4.94

Advance Equity Holding AD Sofia 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 лв4.94 Mil mean?
Advance Equity Holding AD Sofia (XBUL:ADVE) has a Total Inventories of лв4.94 Mil as of Sep. 2019. The total amount of inventory as recorded on a company's balance sheet. View historical data for Advance Equity Holding AD Sofia and its competitors.
Is Advance Equity Holding AD Sofia's Total Inventories too high?
Advance Equity Holding AD Sofia's current Total Inventories is лв4.94 Mil.
How does Advance Equity Holding AD Sofia's Total Inventories compare to MILC?
Advance Equity Holding AD Sofia's Total Inventories of лв4.94 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Total Inventories depends on the Asset Management 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 Advance Equity Holding AD Sofia and its competitors. Advance Equity Holding AD Sofia's current Total Inventories is лв4.94 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advance Equity Holding AD Sofia stock overvalued right now?
Advance Equity Holding AD Sofia (XBUL:ADVE) has a current Total Inventories of лв4.94 Mil. The current Total Inventories is лв4.94 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 Advance Equity Holding AD Sofia (XBUL:ADVE), the current Total Inventories is лв4.94 Mil as of Sep. 2019. 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.

Advance Equity Holding AD Sofia Business Description

Address Boulevard Hristo Botev No. 57 6, Sofia, BGR, 1303
Advance Equity Holding AD Sofia is an investment company. The company focuses its investments on new start-up companies that have high growth potential.