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Groupe Airwell (XPAR:ALAIR) Total Inventories : €12.24 Mil (As of Dec. 2023)


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What is Groupe Airwell Total Inventories?

Groupe Airwell's total inventories for the quarter that ended in Dec. 2023 was €12.24 Mil. Groupe Airwell's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was €14.43 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Groupe Airwell's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-2.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Groupe Airwell's Days Inventory for the six months ended in Dec. 2023 was 123.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. Groupe Airwell's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.48.

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. Groupe Airwell's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.44.


Groupe Airwell Total Inventories Historical Data

The historical data trend for Groupe Airwell'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.

Groupe Airwell Total Inventories Chart

Groupe Airwell Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
6.21 5.71 9.16 15.25 12.24

Groupe Airwell Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Total Inventories Get a 7-Day Free Trial 9.16 10.53 15.25 16.61 12.24

Groupe Airwell 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.


Groupe Airwell  (XPAR:ALAIR) 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.

Groupe Airwell'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)
=(2.07+0.75 * 13.891+0.5 * 12.241-35.515
-0--0.041)/6.06746
=-2.78

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

Groupe Airwell'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
=14.4275/21.373*365 / 2
=123.19

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

Groupe Airwell'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 )
=21.373 / 14.4275
=1.48

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.

Groupe Airwell'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 )
=14.4275 / 32.532
=0.44

* 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.


Groupe Airwell Total Inventories Related Terms

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Groupe Airwell (XPAR:ALAIR) Business Description

Traded in Other Exchanges
N/A
Address
10 rue du Fort Saint-Cyr, Montigny Le Bretonneux, FRA, 78180
Groupe Airwell is a French air-conditioning brand. It is specialized in the distribution of air-conditioning, heating, and ventilation equipment and systems for the residential and tertiary markets. The group offers small, medium and large power products to ensure the thermal comfort of homes, office spaces, shopping malls, public buildings, etc. The products are marketed to wholesalers/distributors and installers.

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