GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Altri SGPS SA (XLIS:ALTR) » Definitions » Total Inventories

Altri SGPS (XLIS:ALTR) Total Inventories : €96.6 Mil (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Altri SGPS Total Inventories?

Altri SGPS's total inventories for the quarter that ended in Dec. 2023 was €96.6 Mil. Altri SGPS's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was €102.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Altri SGPS's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-2.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Altri SGPS's Days Inventory for the three months ended in Dec. 2023 was 95.60.

Inventory Turnover measures how fast the company turns over its inventory within a year. Altri SGPS's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.95.

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. Altri SGPS's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.58.


Altri SGPS Total Inventories Historical Data

The historical data trend for Altri SGPS'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.

Altri SGPS Total Inventories Chart

Altri SGPS 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 85.68 74.02 81.55 110.90 96.55

Altri SGPS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 101.61 110.90 139.63 108.37 96.55

Altri SGPS 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.


Altri SGPS  (XLIS:ALTR) 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.

Altri SGPS'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)
=(253.703+0.75 * 100.163+0.5 * 96.55-902.592
-0-4.935)/205.132
=-2.59

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

Altri SGPS's Days Inventory for the three 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
=102.4595/97.793*365 / 4
=95.60

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

Altri SGPS'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 )
=97.793 / 102.4595
=0.95

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.

Altri SGPS'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 )
=102.4595 / 176.783
=0.58

* 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.


Altri SGPS Total Inventories Related Terms

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


Altri SGPS (XLIS:ALTR) Business Description

Traded in Other Exchanges
Address
Rua Manuel Pinto de Azevedo, 818, Porto, PRT, 4100-320
Altri SGPS SA manages forests and produces and sells pulp. The company owns and manages eucalyptus forests throughout Portugal and harvests timber. The timber is transported to the firm's mills, where it produces pulp for sale to paper manufacturers. Around half of the company's pulp is sold to tissue paper producers, while other main end products include writing and printing paper, and soluble paste, which is used in the production of textiles. It also generates and sells electricity from biomass. The majority of revenue comes from Europe.