GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Morixe Hermanos SA (BUE:MORI) » Definitions » Total Inventories

Morixe Hermanos (BUE:MORI) Total Inventories : ARS15,434 Mil (As of Mar. 2024)


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

What is Morixe Hermanos Total Inventories?

Morixe Hermanos's total inventories for the quarter that ended in Mar. 2024 was ARS15,434 Mil. Morixe Hermanos's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ARS7,717 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Morixe Hermanos's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ARS-54.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Morixe Hermanos's Days Inventory for the three months ended in Mar. 2024 was 51.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. Morixe Hermanos's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.79.

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. Morixe Hermanos's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.37.


Morixe Hermanos Total Inventories Historical Data

The historical data trend for Morixe Hermanos'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.

Morixe Hermanos Total Inventories Chart

Morixe Hermanos Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 157.06 332.76 1,319.47 1,937.21 6,133.94

Morixe Hermanos Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 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 5,259.75 6,155.60 6,380.71 - 15,433.87

Morixe Hermanos 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.


Morixe Hermanos  (BUE:MORI) 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.

Morixe Hermanos'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)
=(1415.717+0.75 * 11237.448+0.5 * 15433.865-32992.045
-0-0)/281.902
=-54.74

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

Morixe Hermanos'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
=7716.9325/13787.021*365 / 4
=51.07

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

Morixe Hermanos'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 )
=13787.021 / 7716.9325
=1.79

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.

Morixe Hermanos'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 )
=7716.9325 / 20993.484
=0.37

* 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.


Morixe Hermanos Total Inventories Related Terms

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


Morixe Hermanos (BUE:MORI) Business Description

Traded in Other Exchanges
N/A
Address
Federico Garcia Lorca 234, Buenos Aires, ARG, 1405
Morixe Hermanos SA operates in the Argentine mill industry. The company is engaged in the milling, industrialization, conditioning, buying and selling, import and export of flour, semolina, agricultural raw materials, by-products and derivatives.

Morixe Hermanos (BUE:MORI) Headlines

No Headlines