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GFT Technologies SE (XTER:GFT) Total Inventories : €3.0 Mil (As of Mar. 2024)


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What is GFT Technologies SE Total Inventories?

GFT Technologies SE's total inventories for the quarter that ended in Mar. 2024 was €3.0 Mil. GFT Technologies SE's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was €1.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. GFT Technologies SE's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-7.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GFT Technologies SE's Days Inventory for the three months ended in Mar. 2024 was 0.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. GFT Technologies SE's Inventory Turnover for the quarter that ended in Mar. 2024 was 116.41.

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. GFT Technologies SE's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.01.


GFT Technologies SE Total Inventories Historical Data

The historical data trend for GFT Technologies SE'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.

GFT Technologies SE Total Inventories Chart

GFT Technologies SE 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 0.17 0.03 0.02 0.01 0.09

GFT Technologies SE 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 0.01 0.91 0.35 0.09 2.96

GFT Technologies SE 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.


GFT Technologies SE  (XTER:GFT) 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.

GFT Technologies SE'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)
=(70.121+0.75 * 150.163+0.5 * 2.96-391.401
-0-0)/26.326
=-7.87

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

GFT Technologies SE'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
=1.527/177.753*365 / 4
=0.78

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

GFT Technologies SE'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 )
=177.753 / 1.527
=116.41

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.

GFT Technologies SE'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 )
=1.527 / 212.39
=0.01

* 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.


GFT Technologies SE Total Inventories Related Terms

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GFT Technologies SE (XTER:GFT) Business Description

Traded in Other Exchanges
Address
Schelmenwasenstrasse 34, Stuttgart, BW, DEU, 70567
GFT Technologies SE is engaged in shaping the digital transformation of companies in the financial and insurance sectors, as well as in the manufacturing industry. As an IT service provider and developer of digital solutions, It offers consulting, development, and implementation skills across all aspects of pioneering technologies from cloud engineering to artificial intelligence and blockchain/DLT. The company has two operating segments; The Americas, UK & APAC comprises operating companies in the following countries: Brazil Costa Rica, Singapore, Hong Kong, the United Kingdom, the United States of America, Canada, Vietnam, and Mexico, and Continental Europe comprises operating companies in the following countries: Belgium, Poland, Germany, Switzerland, France, Spain, and Italy.
Executives
Dr. Jochen Ruetz Managing Director (CFO) and Member of the Administrative Board

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