GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Alpha Adriatic JSC (ZAG:ULPL) » Definitions » Total Inventories

Alpha Adriatic JSC (ZAG:ULPL) Total Inventories : €0.23 Mil (As of Sep. 2023)


View and export this data going back to 2003. Start your Free Trial

What is Alpha Adriatic JSC Total Inventories?

Alpha Adriatic JSC's total inventories for the quarter that ended in Sep. 2023 was €0.23 Mil. Alpha Adriatic JSC's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was €0.22 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Alpha Adriatic JSC's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was €-161.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alpha Adriatic JSC's Days Inventory for the three months ended in Sep. 2023 was 7.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Alpha Adriatic JSC's Inventory Turnover for the quarter that ended in Sep. 2023 was 12.95.

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. Alpha Adriatic JSC's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.05.


Alpha Adriatic JSC Total Inventories Historical Data

The historical data trend for Alpha Adriatic JSC'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.

Alpha Adriatic JSC Total Inventories Chart

Alpha Adriatic JSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.16 0.13 0.18 0.78

Alpha Adriatic JSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.21 0.78 0.40 0.21 0.23

Alpha Adriatic JSC 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.


Alpha Adriatic JSC  (ZAG:ULPL) 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.

Alpha Adriatic JSC's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.174+0.75 * 0.64+0.5 * 0.227-69.588
-0-22.521)/0.54723
=-161.43

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

Alpha Adriatic JSC's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=0.22/2.849*365 / 4
=7.05

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

Alpha Adriatic JSC's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=2.849 / 0.22
=12.95

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.

Alpha Adriatic JSC's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=0.22 / 4.295
=0.05

* 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.


Alpha Adriatic JSC Total Inventories Related Terms

Thank you for viewing the detailed overview of Alpha Adriatic JSC's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Alpha Adriatic JSC (ZAG:ULPL) Business Description

Traded in Other Exchanges
N/A
Address
Carrara 6, Pula, HRV, 52100
Alpha Adriatic JSC formerly known as Uljanik Plovidba dd operates in the integrated shipping and logistics industry in Croatia. The company is engaged in shipping of bulk and liquid cargo like petroleum products and chemicals, and provision of different types of services related to maritime activities.

Alpha Adriatic JSC (ZAG:ULPL) Headlines

No Headlines