GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Basf SE (XTER:BAS) » Definitions » Total Inventories

Basf SE (XTER:BAS) Total Inventories : €14,269 Mil (As of Mar. 2024)


View and export this data going back to 1952. Start your Free Trial

What is Basf SE Total Inventories?

Basf SE's total inventories for the quarter that ended in Mar. 2024 was €14,269 Mil. Basf SE's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was €14,035 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Basf SE's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-27.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Basf SE's Days Inventory for the three months ended in Mar. 2024 was 101.61.

Inventory Turnover measures how fast the company turns over its inventory within a year. Basf SE's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.90.

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. Basf SE's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.80.


Basf SE Total Inventories Historical Data

The historical data trend for Basf SE'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.

Basf SE Total Inventories Chart

Basf SE 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 11,121.00 9,889.00 13,751.00 15,941.00 13,800.00

Basf SE 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 16,079.00 15,438.00 15,076.00 13,800.00 14,269.00

Basf SE 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.


Basf SE  (XTER:BAS) 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.

Basf SE'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)
=(2842+0.75 * 13255+0.5 * 14269-43184
-0-1389)/892.522
=-27.62

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

Basf SE'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
=14034.5/12604*365 / 4
=101.61

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

Basf SE'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 )
=12604 / 14034.5
=0.90

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.

Basf SE'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 )
=14034.5 / 17553
=0.80

* 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.


Basf SE Total Inventories Related Terms

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


Basf SE (XTER:BAS) Business Description

Address
Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, DEU, 67056
Founded in 1865 and based in Germany, BASF is the world's largest chemical company, with products spanning the full spectrum of commodities to specialties. In addition, the company is a strong player in agricultural crop protection chemicals and emissions control catalysts for cars and trucks. Given its sheer size, BASF has a top-three market position in approximately 70% of its businesses.
Executives
Dr. Stephan Kothrade Board of Directors
Dr. Melanie Maas-brunner Board of Directors
Dr. Dirk Elvermann Board of Directors
Dr. Kurt Bock Supervisory Board
Prof. Dr. Stefan Asenkerschbaumer Supervisory Board
Dame Alison Carnwath Supervisory Board
Prof. Dr. Thomas Carell Supervisory Board
Alessandra Genco Supervisory Board
Liming Chen Supervisory Board
Dr. Markus Kamieth Board of Directors
Saori Dubourg Board of Directors
Sinischa Horvat Supervisory Board
Tatjana Diether Supervisory Board
Waldemar Helber Supervisory Board
Michael Heinz Board of Directors

Basf SE (XTER:BAS) Headlines

No Headlines