GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Rompetrol Rafinare S.A. (BSE:RRC) » Definitions » Total Inventories

Rompetrol Rafinare S.A. (BSE:RRC) Total Inventories : lei1,980 Mil (As of Sep. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Rompetrol Rafinare S.A. Total Inventories?

Rompetrol Rafinare S.A.'s total inventories for the quarter that ended in Sep. 2023 was lei1,980 Mil. Rompetrol Rafinare S.A.'s average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was lei1,867 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Rompetrol Rafinare S.A.'s Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was lei-0.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rompetrol Rafinare S.A.'s Days Inventory for the three months ended in Sep. 2023 was 40.26.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rompetrol Rafinare S.A.'s Inventory Turnover for the quarter that ended in Sep. 2023 was 2.27.

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. Rompetrol Rafinare S.A.'s Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.38.


Rompetrol Rafinare S.A. Total Inventories Historical Data

The historical data trend for Rompetrol Rafinare S.A.'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.

Rompetrol Rafinare S.A. Total Inventories Chart

Rompetrol Rafinare S.A. Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,353.66 1,209.35 934.34 1,521.45 1,543.01

Rompetrol Rafinare S.A. Quarterly Data
Sep18 Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1,786.22 1,543.01 1,740.78 1,753.62 1,979.85

Rompetrol Rafinare S.A. 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.


Rompetrol Rafinare S.A.  (BSE:RRC) 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.

Rompetrol Rafinare S.A.'s Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(827.003+0.75 * 838.307+0.5 * 1979.847-10766.717
-0-81.012)/26559.2
=-0.32

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

Rompetrol Rafinare S.A.'s Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=1866.7355/4231.241*365 / 4
=40.26

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

Rompetrol Rafinare S.A.'s Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=4231.241 / 1866.7355
=2.27

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.

Rompetrol Rafinare S.A.'s Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=1866.7355 / 4854.394
=0.38

* 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.


Rompetrol Rafinare S.A. Total Inventories Related Terms

Thank you for viewing the detailed overview of Rompetrol Rafinare S.A.'s Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Rompetrol Rafinare S.A. (BSE:RRC) Business Description

Traded in Other Exchanges
N/A
Address
Navodari Boulevard, no. 215, Administrative Building, Navodari, Constanta, ROU, 905700
Rompetrol Rafinare S.A. is engaged in the Refining and marketing of petrochemical products. It operates Petromidia refinery in the Black Sea coast and Vega refinery in Ploiesti city and engaged in the manufacturing and trading of Petrochemical Products and Refining products. The company's segments include Refining, Petrochemicals, and Marketing. The company products include Polypropylene, High-Density Polyethylene, Low-Density Polyethylene, Aviation fuels, Car fuels, Bitumen, and others. The company has all of its operations in Romania and also exports internationally. The majority of the revenue is generated from Romania.

Rompetrol Rafinare S.A. (BSE:RRC) Headlines

From GuruFocus

Range Announces CEO Retirement and Succession Plan

By GlobeNewswire GlobeNewswire 03-16-2023

Range Announces Third Quarter 2023 Results

By Marketwired 10-24-2023

Insider Alert: An Insider Just Sold Range Resources Corp Shares

By GuruFocus Research GuruFocus Editor 05-18-2023

Insider Alert: An Insider Just Sold Range Resources Corp Shares

By GuruFocus Research GuruFocus Editor 05-19-2023

Range Declares Quarterly Dividend

By sperokesalga sperokesalga 03-01-2023

Range Announces Pricing of $500 Million Offering of Senior Notes

By GuruFocusNews GuruFocusNews 01-13-2022

Range Announces Conference Call to Discuss Fourth Quarter 2022 Financial Results

By Stock market mentor Stock market mentor 01-27-2023

Range Declares Quarterly Dividend

By Marketwired 08-31-2023

Range Announces Second Quarter 2023 Results

By Marketwired 07-24-2023