Safilo Group SpA (Safilo Group SpA) Total Inventories : $250 Mil (As of Dec. 2023)

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What is Safilo Group SpA Total Inventories?

Safilo Group SpA's total inventories for the quarter that ended in Dec. 2023 was $250 Mil. Safilo Group SpA's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was $250 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Safilo Group SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Safilo Group SpA's Days Inventory for the six months ended in Dec. 2023 was 201.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Safilo Group SpA's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.91.

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. Safilo Group SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.48.

Safilo Group SpA Total Inventories Historical Data

The historical data trend for Safilo Group SpA'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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Safilo Group SpA Total Inventories Chart

Safilo Group SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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262.00

240.01

264.89

274.34

249.72

Safilo Group SpA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial															264.89	267.15	274.34	249.96	249.72

Safilo Group SpA 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.

Safilo Group SpA (OTCPK:SAFLF) 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.

Safilo Group SpA's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(81.677	+	0.75 * 221.456	+	0.5 * 249.718	-	501.282
-	0	-	18.087)	/	413.745
=	-0.35

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

Safilo Group SpA's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	249.841	/	226.228	*	365 / 2
	=	201.55

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

Safilo Group SpA's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	226.228	/	249.841
	=	0.91

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.

Safilo Group SpA's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	249.841	/	517.55
	=	0.48

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.

Safilo Group SpA Total Inventories Related Terms

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Safilo Group SpA (Safilo Group SpA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Safilo Group SpA (OTCPK:SAFLF) » Definitions » Total Inventories

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Traded in Other Exchanges

SFL:Italy 0NJ5:UK S5U5:Germany

Address

Settima Strada, 15, Padua, ITA, 35129

Website

https://www.safilogroup.com

Safilo Group SpA makes sunglasses and prescription eyewear. It is engaged in design, production, and wholesale distribution of its products through a network of independent distributors and commercial subsidiaries. Its products are sold through the Carrera, Smith, Polaroid and Oxydo brands, as well as a range of other licensed brands. The company operates solely through the wholesale segment channels and divides itself into the following four geographical segments: Italy, Europe, America, and Asia. The company earns most of its revenue from the America business segment.

Safilo Group SpA (Safilo Group SpA) Headlines

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