Musti Group (OHEL:MUSTI) Total Inventories : €57.8 Mil (As of Mar. 2024)

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What is Musti Group Total Inventories?

Musti Group's total inventories for the quarter that ended in Mar. 2024 was €57.8 Mil. Musti Group's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was €58.1 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Musti Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-5.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Musti Group's Days Inventory for the three months ended in Mar. 2024 was 65.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. Musti Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.39.

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. Musti Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.54.

Musti Group Total Inventories Historical Data

The historical data trend for Musti Group'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.

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Musti Group Total Inventories Chart

Musti Group Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Inventories

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30.61

34.72

39.58

56.79

58.09

Musti Group 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															61.19	56.35	58.09	58.46	57.78

Musti Group 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.

Musti Group (OHEL:MUSTI) 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.

Musti Group'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)
=	(23.76	+	0.75 * 12.605	+	0.5 * 57.783	-	242.909
-	0	-	0.074)	/	33.3879
=	-5.42

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

Musti Group'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
	=	58.121	/	81.048	*	365 / 4
	=	65.44

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

Musti Group'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 )
	=	81.048	/	58.121
	=	1.39

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.

Musti Group'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 )
	=	58.121	/	107.205
	=	0.54

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.

Musti Group Total Inventories Related Terms

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Musti Group (OHEL:MUSTI) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Musti Group PLC (OHEL:MUSTI) » Definitions » Total Inventories

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MUSTIh:UK 0A3B:UK 49U:Germany

Address

Makitorpantie 3 B, Helsinki, FIN, 00620

Website

https://www.mustigroup.com

Musti Group PLC is an operator of omnichannel which caters to the needs of pets and their parents. The company has more than three hundred stores and also operates through an online channel. It generates revenue through sales of pet products, food, and accessories. It also offers services such as grooming, training, and veterinary services. The company's reporting segments are based on geographical regions which are Finland, Sweden, and Norway.

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