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UPM-Kymmene Oyj (OHEL:UPM) Total Inventories : €1,983 Mil (As of Mar. 2024)


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What is UPM-Kymmene Oyj Total Inventories?

UPM-Kymmene Oyj's total inventories for the quarter that ended in Mar. 2024 was €1,983 Mil. UPM-Kymmene Oyj's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was €1,951 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. UPM-Kymmene Oyj's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-7.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. UPM-Kymmene Oyj's Days Inventory for the three months ended in Mar. 2024 was 81.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. UPM-Kymmene Oyj's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.12.

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. UPM-Kymmene Oyj's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.74.


UPM-Kymmene Oyj Total Inventories Historical Data

The historical data trend for UPM-Kymmene Oyj'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.

UPM-Kymmene Oyj Total Inventories Chart

UPM-Kymmene Oyj Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,349.00 1,269.00 1,569.00 2,255.00 1,918.00

UPM-Kymmene Oyj 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 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 2,278.00 2,167.00 2,002.00 1,918.00 1,983.00

UPM-Kymmene Oyj 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.


UPM-Kymmene Oyj  (OHEL:UPM) 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.

UPM-Kymmene Oyj'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)
=(766+0.75 * 1945+0.5 * 1983-6675
-0-384)/533.324
=-7.21

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

UPM-Kymmene Oyj'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
=1950.5/2177*365 / 4
=81.76

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

UPM-Kymmene Oyj'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 )
=2177 / 1950.5
=1.12

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.

UPM-Kymmene Oyj'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 )
=1950.5 / 2640
=0.74

* 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.


UPM-Kymmene Oyj Total Inventories Related Terms

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UPM-Kymmene Oyj (OHEL:UPM) Business Description

Traded in Other Exchanges
Address
Alvar Aallon katu 1, P.O. Box 380, Helsinki, FIN, FI-00100
UPM-Kymmene Oyj is a Finnish paper and biomaterials company. The company produces products related to the forestry industry including paper, pulp, and plywood. UPM is also a major electricity generator in Finland and is one of the global producers of self-adhesive labeling materials. It delivers responsible solutions and innovation for a future beyond fossils across six business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, and UPM Plywood. Geographically, the company has operational footprints in Sweden, Finland, the Netherlands, and other regions.

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