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INA-Industrija Nafte DD (ZAG:INA) Total Inventories : €499 Mil (As of Mar. 2024)


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What is INA-Industrija Nafte DD Total Inventories?

INA-Industrija Nafte DD's total inventories for the quarter that ended in Mar. 2024 was €499 Mil. INA-Industrija Nafte DD's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was €422 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. INA-Industrija Nafte DD's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-110.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. INA-Industrija Nafte DD's Days Inventory for the three months ended in Mar. 2024 was 53.52.

Inventory Turnover measures how fast the company turns over its inventory within a year. INA-Industrija Nafte DD's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.70.

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. INA-Industrija Nafte DD's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.52.


INA-Industrija Nafte DD Total Inventories Historical Data

The historical data trend for INA-Industrija Nafte DD'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.

INA-Industrija Nafte DD Total Inventories Chart

INA-Industrija Nafte DD 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 308.56 210.64 279.61 398.01 345.37

INA-Industrija Nafte DD 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 340.00 407.90 422.60 345.37 498.50

INA-Industrija Nafte DD 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.


INA-Industrija Nafte DD  (ZAG:INA) 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.

INA-Industrija Nafte DD'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)
=(105.6+0.75 * 300.9+0.5 * 498.5-1683.5
-0-3.2)/10
=-110.62

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

INA-Industrija Nafte DD'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
=421.9355/719.4*365 / 4
=53.52

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

INA-Industrija Nafte DD'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 )
=719.4 / 421.9355
=1.70

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.

INA-Industrija Nafte DD'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 )
=421.9355 / 808.2
=0.52

* 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.


INA-Industrija Nafte DD Total Inventories Related Terms

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INA-Industrija Nafte DD (ZAG:INA) Business Description

Traded in Other Exchanges
N/A
Address
Avenija Veceslava, Holjevca 10, Zagreb, HRV, 10 020
INA-Industrija Nafte dd is a medium-sized European oil and gas company. It is engaged in exploration and production of oil and gas deposits, import of natural gas and sale of imported and domestically produced natural gas to industrial consumers and municipal gas distributors, refining and production of oil products through refineries located at Rijeka and Sisak, and Zagreb lubricants plants. Its segments are Exploration and Production of Oil & Gas; Refining & Marketing; Corporate and other. Exploration and Production of Oil & Gas segment include exploration, production, and selling of crude oil and natural gas. Refining & Marketing segment includes crude oil processing, wholesale of refinery products, trading, and logistics.

INA-Industrija Nafte DD (ZAG:INA) Headlines

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