Energy Solar Tech (XMAD:ETC) Total Inventories : €0.15 Mil (As of Dec. 2021)

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What is Energy Solar Tech Total Inventories?

Energy Solar Tech's total inventories for the quarter that ended in Dec. 2021 was €0.15 Mil. Energy Solar Tech's average total inventories from the quarter that ended in Dec. 2020 to the quarter that ended in Dec. 2021 was €0.08 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Energy Solar Tech's Net-Net Working Capital per share for the quarter that ended in Dec. 2021 was €-0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Energy Solar Tech's Days Inventory for the six months ended in Dec. 2021 was 4.35.

Inventory Turnover measures how fast the company turns over its inventory within a year. Energy Solar Tech's Inventory Turnover for the quarter that ended in Dec. 2021 was 41.91.

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. Energy Solar Tech's Inventory-to-Revenue for the quarter that ended in Dec. 2021 was 0.02.

Energy Solar Tech Total Inventories Historical Data

The historical data trend for Energy Solar Tech'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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Energy Solar Tech Total Inventories Chart

Energy Solar Tech Annual Data

Trend

Dec20

Dec21

Total Inventories

0.15

Energy Solar Tech Semi-Annual Data
	Dec20	Dec21
Total Inventories	-	0.15

Energy Solar Tech 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.

Energy Solar Tech (XMAD:ETC) 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.

Energy Solar Tech's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2021 is

	Net-Net Working Capital Per Share (Q: Dec. 2021 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(2.511	+	0.75 * 0.576	+	0.5 * 0.151	-	3.533
-	0	-	0)	/	20.740
=	-0.02

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

Energy Solar Tech's Days Inventory for the six months ended in Dec. 2021 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2021 )	/	Cost of Goods Sold (Q: Dec. 2021 )	*	Days in Period
	=	0.0755	/	3.164	*	365 / 2
	=	4.35

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

Energy Solar Tech's Inventory Turnover for the quarter that ended in Dec. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2021 )	/	Average Total Inventories (Q: Dec. 2021 )
	=	3.164	/	0.0755
	=	41.91

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.

Energy Solar Tech's Inventory to Revenue for the quarter that ended in Dec. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2021 )	/	Revenue (Q: Dec. 2021 )
	=	0.0755	/	4.232
	=	0.02

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.

Energy Solar Tech Total Inventories Related Terms

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Energy Solar Tech (XMAD:ETC) Business Description

Industry

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Traded in Other Exchanges

DH4:Germany

Address

C/ Ruso, 18, Las Rozas de Madrid, Madrid, ESP, 28290

Website

https://www.energysolartech.com

Energy Solar Tech SA is a technology company in the energy sector whose mission is to facilitate the migration of companies to renewable energies, The company offers its clients energy generation and efficiency technologies through its offer of energy Outsourcing services under the Energy As A Service model.

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