METRO AG (METRO AG) Total Inventories : $2,626 Mil (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is METRO AG Total Inventories?

METRO AG's total inventories for the quarter that ended in Mar. 2024 was $2,626 Mil. METRO AG's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $2,620 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. METRO AG's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-20.73.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. METRO AG's Days Inventory for the three months ended in Mar. 2024 was 37.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. METRO AG's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.42.

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. METRO AG's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.35.

METRO AG Total Inventories Historical Data

The historical data trend for METRO 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.

METRO AG Total Inventories Chart

METRO AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Inventories

Get a 7-Day Free Trial

2,111.23

2,190.81

2,310.59

2,430.69

2,392.74

METRO AG 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															2,831.91	2,672.81	2,392.74	2,613.96	2,626.09

METRO 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.

METRO AG (OTCPK:MTTWF) 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.

METRO AG'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)
=	(1202.174	+	0.75 * 744.565	+	0.5 * 2626.087	-	10615.217
-	0	-	7.609)	/	364.151
=	-20.73

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

METRO AG'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
	=	2620.023	/	6342.391	*	365 / 4
	=	37.70

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

METRO AG'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 )
	=	6342.391	/	2620.023
	=	2.42

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.

METRO AG'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 )
	=	2620.023	/	7497.826
	=	0.35

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.

METRO AG Total Inventories Related Terms

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

METRO AG (METRO AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » METRO AG (OTCPK:MTTWF) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

0RTE:UK B4B:Germany MEO:Austria

Address

Metro-Strasse 1, Dusseldorf, NW, DEU, 40235

Website

https://www.metroag.de

METRO AG operates as a food service company. It is active in the self-service wholesale trade with the brands METRO and MAKRO as well as in the delivery sales with the METRO delivery service, and the supply specialists Classic Fine Foods, Pro a Pro, and Rungis Express. Its business consists of segments which include METRO Germany, METRO Western Europe, METRO Russia, METRO Eastern Europe, and others. The other segment includes Hospitality Digital, the business unit that bundles the group's digitalization initiatives. It also includes service companies that provide group-wide services in the areas of real estate, logistics, information technology, advertising, and procurement.