E-Globe SpA (MIL:EGB) Total Inventories : €5.01 Mil (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is E-Globe SpA Total Inventories?

E-Globe SpA's total inventories for the quarter that ended in Dec. 2023 was €5.01 Mil. E-Globe SpA's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Dec. 2023 was €4.50 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. E-Globe SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €0.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. E-Globe SpA's Days Inventory for the six months ended in Dec. 2023 was 35.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. E-Globe SpA's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.10.

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. E-Globe SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.15.

E-Globe SpA Total Inventories Historical Data

The historical data trend for E-Globe SpA'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.

E-Globe SpA Total Inventories Chart

E-Globe SpA Annual Data

Trend

Dec21

Dec22

Dec23

Total Inventories

2.60

3.99

5.01

E-Globe SpA Semi-Annual Data
	Dec21	Dec22	Dec23
Total Inventories	2.60	3.99	5.01

E-Globe SpA 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.

E-Globe SpA (MIL:EGB) 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.

E-Globe SpA'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)
=	(5.342	+	0.75 * 6.76	+	0.5 * 5.013	-	12.132
-	0	-	0)	/	18.032
=	0.04

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

E-Globe SpA's Days Inventory for the six 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
	=	4.5005	/	22.968	*	365 / 2
	=	35.76

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

E-Globe SpA'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 )
	=	22.968	/	4.5005
	=	5.10

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.

E-Globe SpA'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 )
	=	4.5005	/	29.601
	=	0.15

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.

E-Globe SpA Total Inventories Related Terms

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

E-Globe SpA (MIL:EGB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » E-Globe SpA (MIL:EGB) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Loc. Lipuda industrial area, Cirò Marina, ITA, 88811

Website

https://www.e-globe.it

E-Globe SpA is an Italian Based Company which designs and distributes State of the art thermo-hydraulic and conditioning systems. The Company specializes in the sale of air conditioners, fan coils, electric pumps, solar panels, boilers and stoves. The company is associated with various brands such as ABB, aquatherm, ariston, Baxi, and carrier.

E-Globe SpA (MIL:EGB) Headlines

No Headlines