GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Mills Locacao Servicos e Logistica SA (BSP:MILS3) » Definitions » Total Inventories

Mills Locacao Servicos e Logistica (BSP:MILS3) Total Inventories : R$72 Mil (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Mills Locacao Servicos e Logistica Total Inventories?

Mills Locacao Servicos e Logistica's total inventories for the quarter that ended in Dec. 2023 was R$72 Mil. Mills Locacao Servicos e Logistica's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was R$71 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Mills Locacao Servicos e Logistica's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was R$-1.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mills Locacao Servicos e Logistica's Days Inventory for the three months ended in Dec. 2023 was 50.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mills Locacao Servicos e Logistica's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.82.

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. Mills Locacao Servicos e Logistica's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.19.


Mills Locacao Servicos e Logistica Total Inventories Historical Data

The historical data trend for Mills Locacao Servicos e Logistica'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.

Mills Locacao Servicos e Logistica Total Inventories Chart

Mills Locacao Servicos e Logistica 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 36.34 40.71 74.09 75.19 72.07

Mills Locacao Servicos e Logistica 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 73.13 71.77 69.36 72.07 -

Mills Locacao Servicos e Logistica 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.


Mills Locacao Servicos e Logistica  (BSP:MILS3) 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.

Mills Locacao Servicos e Logistica'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)
=(546.889+0.75 * 319.815+0.5 * 72.065-1278.785
-0-2.454)/241.5
=-1.90

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

Mills Locacao Servicos e Logistica'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
=70.714/128.852*365 / 4
=50.08

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

Mills Locacao Servicos e Logistica'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 )
=128.852 / 70.714
=1.82

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.

Mills Locacao Servicos e Logistica'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 )
=70.714 / 367.255
=0.19

* 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.


Mills Locacao Servicos e Logistica Total Inventories Related Terms

Thank you for viewing the detailed overview of Mills Locacao Servicos e Logistica's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Mills Locacao Servicos e Logistica (BSP:MILS3) Business Description

Traded in Other Exchanges
N/A
Address
Estrada do Guerengue, 1381, Taquara, Rio de Janeiro, RJ, BRA, 22713-002
Mills Locacao Servicos e Logistica SA operates in the infrastructure, construction, and manufacturing industries. Its activity includes Rental and sale, including imports and exports, of steel and aluminum tubular structures, shoring and access equipment for construction works, as well as reusable concrete formworks. Sale, rental, and distribution of aerial work platforms and telescopic handlers. It has a Construction business unit and Rental business unit segments, and the majority of the revenue derives from the Rental business segment.

Mills Locacao Servicos e Logistica (BSP:MILS3) Headlines

No Headlines