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Siemens AG (XTER:SIE) Total Inventories : €12,184 Mil (As of Dec. 2023)


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What is Siemens AG Total Inventories?

Siemens AG's total inventories for the quarter that ended in Dec. 2023 was €12,184 Mil. Siemens AG's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was €11,722 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Siemens AG's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-74.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Siemens AG's Days Inventory for the three months ended in Dec. 2023 was 95.25.

Inventory Turnover measures how fast the company turns over its inventory within a year. Siemens AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.96.

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. Siemens AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.64.


Siemens AG Total Inventories Historical Data

The historical data trend for Siemens AG'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.

Siemens AG Total Inventories Chart

Siemens AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13,886.00 7,194.00 8,220.00 10,247.00 11,260.00

Siemens AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 11,241.00 11,580.00 11,961.00 11,260.00 12,184.00

Siemens AG 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.


Siemens AG  (XTER:SIE) 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.

Siemens AG'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)
=(21009+0.75 * 17215+0.5 * 12184-93948
-0-4825)/789.92
=-74.39

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

Siemens AG'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
=11722/11230*365 / 4
=95.25

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

Siemens AG'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 )
=11230 / 11722
=0.96

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.

Siemens AG'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 )
=11722 / 18412
=0.64

* 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.


Siemens AG Total Inventories Related Terms

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Siemens AG (XTER:SIE) Business Description

Address
Werner-von-Siemens-Strabe 1, Munich, BY, DEU, 80333
Siemens AG is a multi-industry company focused on the areas of automation, electrification, mobility, and healthcare. Its top three geographic regions—the United States, Germany, and China—contribute over half of group revenue. Siemens has a 75% investment in separately listed Siemens Healthineers. Recent portfolio activity included the listing of Siemens Energy, spinning out its power and gas and Siemens Gamesa business divisions in 2020.
Executives
Martina Merz Supervisory Board
Bettina Haller Supervisory Board
Christian Pfeiffer Supervisory Board
Matthias Rebellius Board of Directors
Judith Wiese Board of Directors
Dr. Nathalie Von Siemens Supervisory Board

Siemens AG (XTER:SIE) Headlines

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