RHI Magnesita NV (FRA:RHF) Total Inventories : €983 Mil (As of Dec. 2023)

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What is RHI Magnesita NV Total Inventories?

RHI Magnesita NV's total inventories for the quarter that ended in Dec. 2023 was €983 Mil. RHI Magnesita NV's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was €1,012 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. RHI Magnesita NV's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-43.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. RHI Magnesita NV's Days Inventory for the six months ended in Dec. 2023 was 132.40.

Inventory Turnover measures how fast the company turns over its inventory within a year. RHI Magnesita NV's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.38.

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. RHI Magnesita NV's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.55.

RHI Magnesita NV Total Inventories Historical Data

The historical data trend for RHI Magnesita NV'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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RHI Magnesita NV Total Inventories Chart

RHI Magnesita NV Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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592.40

467.40

964.10

1,036.30

983.10

RHI Magnesita NV Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial									964.10	1,131.90	1,036.30	1,040.10	983.10

RHI Magnesita NV 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.

RHI Magnesita NV (FRA:RHF) 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.

RHI Magnesita NV'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)
=	(704.9	+	0.75 * 537.6	+	0.5 * 983.1	-	3486.1
-	0	-	161.8)	/	47.1303
=	-43.46

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

RHI Magnesita NV'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
	=	1011.6	/	1394.4	*	365 / 2
	=	132.40

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

RHI Magnesita NV'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 )
	=	1394.4	/	1011.6
	=	1.38

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.

RHI Magnesita NV'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 )
	=	1011.6	/	1837.7
	=	0.55

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.

RHI Magnesita NV Total Inventories Related Terms

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RHI Magnesita NV (FRA:RHF) Business Description

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Address

Kranichberggasse 6, Vienna, AUT, 1120

Website

https://www.rhimagnesita.com

RHI Magnesita NV operates in the refractory industry. The core activities of the group comprise the development and production as well as the sale, installation, and maintenance of refractory products and systems. It has two main operating segments, Steel and Industrial. The Steel segment specializes in supporting customers in the steel-producing and steel-processing industry. Its Industrial segment serves customers in the glass, cement/lime, nonferrous metals and environment, energy, chemicals Industries. The company generates maximum revenue from the Steel segment. Its geographical markets are Europe, North America, Asia Pacific, South America, and MEA-CIS.

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