GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Italian Wine Brands SpA (MIL:IWB) » Definitions » Total Inventories

Italian Wine Brands SpA (MIL:IWB) Total Inventories : €76.2 Mil (As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Italian Wine Brands SpA Total Inventories?

Italian Wine Brands SpA's total inventories for the quarter that ended in Dec. 2023 was €76.2 Mil. Italian Wine Brands SpA's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was €87.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Italian Wine Brands SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-19.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Italian Wine Brands SpA's Days Inventory for the six months ended in Dec. 2023 was 81.03.

Inventory Turnover measures how fast the company turns over its inventory within a year. Italian Wine Brands SpA's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.25.

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. Italian Wine Brands SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.38.


Italian Wine Brands SpA Total Inventories Historical Data

The historical data trend for Italian Wine Brands 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.

Italian Wine Brands SpA Total Inventories Chart

Italian Wine Brands SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only 20.31 25.47 76.28 96.36 76.17

Italian Wine Brands SpA Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 76.28 84.99 96.36 98.19 76.17

Italian Wine Brands 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.


Italian Wine Brands SpA  (MIL:IWB) 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.

Italian Wine Brands 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)
=(71.424+0.75 * 52.13+0.5 * 76.171-327.566
-0--0.209)/9.39472
=-19.03

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

Italian Wine Brands 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
=87.182/196.347*365 / 2
=81.03

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

Italian Wine Brands 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 )
=196.347 / 87.182
=2.25

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.

Italian Wine Brands 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 )
=87.182 / 232.349
=0.38

* 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.


Italian Wine Brands SpA Total Inventories Related Terms

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


Italian Wine Brands SpA (MIL:IWB) Business Description

Traded in Other Exchanges
Address
Viale Abruzzi 94, Milan, ITA, 20131
Italian Wine Brands SpA through its subsidiaries is engaged in the production and distribution of wine in Italy. The group works through two different sales channels namely Distance Selling and Wholesale. The company also offers gourmet food products, coffee, and extra virgin olive oil, to Terre dei Gigli and Italian Art Cafe brands. The company operates in Europe and rest of the world.

Italian Wine Brands SpA (MIL:IWB) Headlines

From GuruFocus

Top 5 1st Quarter Trades of FIDUCIARY COUNSELLING INC

By GuruFocus Research GuruFocus Editor 05-11-2022

Parkside Advisors LLC Buys 3, Sells 2 in 3rd Quarter

By GuruFocus Research GuruFocus Editor 10-12-2022

Parkside Advisors LLC Buys 3, Sells 2 in 2nd Quarter

By GuruFocus Research GuruFocus Editor 07-12-2022

Catalyst Capital Advisors LLC's Top 5 Buys of the 4th Quarter

By GuruFocus Research GuruFocus Editor 02-15-2023

Top 5 3rd Quarter Trades of ENTERPRISE FINANCIAL SERVICES CORP

By GuruFocus Research GuruFocus Editor 11-15-2022