RENK Group AG (XTER:R3NK) Total Inventories : €380 Mil (As of Dec. 2024)

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What is RENK Group AG Total Inventories?

RENK Group AG's total inventories for the quarter that ended in Dec. 2024 was €380 Mil. RENK Group AG's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was €381 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. RENK Group AG's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was €-6.73.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. RENK Group AG's Days Inventory for the three months ended in Dec. 2024 was 131.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. RENK Group AG's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.69.

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. RENK Group AG's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.05.

RENK Group AG Total Inventories Historical Data

The historical data trend for RENK Group 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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RENK Group AG Total Inventories Chart

RENK Group AG Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Total Inventories

246.23

244.56

265.89

320.55

380.27

RENK Group AG Quarterly Data
	Dec20	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Inventories	Get a 7-Day Free Trial							320.55	343.84	351.65	381.02	380.27

RENK Group 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.

RENK Group AG (XTER:R3NK) 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.

RENK Group AG'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)
=	(169.827	+	0.75 * 152.73	+	0.5 * 380.269	-	1142.56
-	0	-	5.753)	/	100.100
=	-6.73

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

RENK Group AG's Days Inventory for the three 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
	=	380.6465	/	263.59	*	365 / 4
	=	131.77

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

RENK Group AG'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 )
	=	263.59	/	380.6465
	=	0.69

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.

RENK Group AG'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 )
	=	380.6465	/	362.167
	=	1.05

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.

RENK Group AG Total Inventories Related Terms

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RENK Group AG Business Description

Industry

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Traded in Other Exchanges

RNKGF:USA R3NKd:UK RENK:Austria

Address

Gogginger street 73, Augsburg, BY, DEU, 86159

Website

https://www.renk.com

RENK Group AG provides vehicle mobility solutions. Its propulsion and drivetrain technology ensures the reliable deployment of forces to set vehicles, vessels, and machinery in motion. The company's business is divided into the following segments; Vehicle Mobility Solutions, Marine and Industry, and Slide Bearings. The Vehicle Mobility Solutions segment which generates maximum revenue, provides technology for the deployment of forces to set vehicles, vessels, and machinery in motion, and also offers products like engines, suspensions, electric drives, and power packs for military vehicles and test systems. Geographically, the company generates maximum revenue from Germany and the rest from America, Asia, Africa, other European countries, Other EU countries, and Australia and Oceania.

Executives

Dr. Alexander Sagel	Board of Directors
Susanne Wiegand	Board of Directors
Christian Schulz	Board of Directors
Claus Von Hermann	Supervisory Board
Johannes Meier	Supervisory Board
Cécile Dutheil	Supervisory Board

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