mVISE AG (XTER:C1V) Total Inventories : €0.01 Mil (As of Dec. 2023)

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What is mVISE AG Total Inventories?

mVISE AG's total inventories for the quarter that ended in Dec. 2023 was €0.01 Mil. mVISE AG's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was €0.05 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. mVISE AG's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-0.81.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. mVISE AG's Days Inventory for the six months ended in Dec. 2023 was 3.98.

Inventory Turnover measures how fast the company turns over its inventory within a year. mVISE AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 45.88.

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. mVISE AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

mVISE AG Total Inventories Historical Data

The historical data trend for mVISE 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.

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mVISE AG Total Inventories Chart

mVISE AG Annual Data

Trend

Dec14

Dec15

Dec16

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Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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0.04

0.01

mVISE AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial															-	0.09	0.01	0.09	0.01

mVISE 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.

mVISE AG (XTER:C1V) 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.

mVISE AG'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)
=	(0.003	+	0.75 * 0.886	+	0.5 * 0.008	-	8.732
-	0	-	0)	/	9.90535
=	-0.81

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

mVISE AG'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
	=	0.0485	/	2.225	*	365 / 2
	=	3.98

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

mVISE AG'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 )
	=	2.225	/	0.0485
	=	45.88

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.

mVISE AG'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 )
	=	0.0485	/	6.16
	=	0.01

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.

mVISE AG Total Inventories Related Terms

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mVISE AG (XTER:C1V) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » mVISE AG (XTER:C1V) » Definitions » Total Inventories

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C1V:Germany C1V:Germany C1V:Germany

Address

Essener Strasse 99, Oberhausen, DEU

Website

https://www.mvise.de

mVISE AG is a Germany based company, involved in providing digitizing processes, virtualizing assets, developing mobile solutions, and creating mobile products. The company provides services which consist of Consulting, in the areas of cloud, security, meshed things, and project management; Solutions, which provides mobile app development, and Digitization. The company's products consist of sales sphere, intelligent complete control, and hybrid integration platform.

Executives

Cedric Balzar

Board of Directors

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