Elaris AG (XTER:ELS) Total Inventories : €3.77 Mil (As of Dec. 2022)

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What is Elaris AG Total Inventories?

Elaris AG's total inventories for the quarter that ended in Dec. 2022 was €3.77 Mil. Elaris AG's average total inventories from the quarter that ended in Dec. 2021 to the quarter that ended in Dec. 2022 was €2.63 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Elaris AG's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was €-0.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Elaris AG's Days Inventory for the six months ended in Dec. 2022 was 190.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Elaris AG's Inventory Turnover for the quarter that ended in Dec. 2022 was 0.96.

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. Elaris AG's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.87.

Elaris AG Total Inventories Historical Data

The historical data trend for Elaris AG'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.

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Elaris AG Total Inventories Chart

Elaris AG Annual Data

Trend

Dec20

Dec21

Dec22

Total Inventories

1.49

3.77

Elaris AG Semi-Annual Data
	Dec20	Dec21	Dec22
Total Inventories	-	1.49	3.77

Elaris AG 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.

Elaris AG (XTER:ELS) 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.

Elaris AG's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 is

	Net-Net Working Capital Per Share (Q: Dec. 2022 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.196	+	0.75 * 0.149	+	0.5 * 3.769	-	12.093
-	0	-	0)	/	12.100
=	-0.82

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

Elaris AG's Days Inventory for the six months ended in Dec. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2022 )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
	=	2.6295	/	2.519	*	365 / 2
	=	190.51

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

Elaris AG's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2022 )	/	Average Total Inventories (Q: Dec. 2022 )
	=	2.519	/	2.6295
	=	0.96

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.

Elaris AG's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2022 )	/	Revenue (Q: Dec. 2022 )
	=	2.6295	/	3.035
	=	0.87

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.

Elaris AG Total Inventories Related Terms

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