GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Conergy AG (LTS:0P51) » Definitions » Total Inventories

Conergy AG (LTS:0P51) Total Inventories : €59.2 Mil (As of Mar. 2013)


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

What is Conergy AG Total Inventories?

Conergy AG's total inventories for the quarter that ended in Mar. 2013 was €59.2 Mil. Conergy AG's average total inventories from the quarter that ended in Dec. 2012 to the quarter that ended in Mar. 2013 was €60.3 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Conergy AG's Net-Net Working Capital per share for the quarter that ended in Mar. 2013 was €-1.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Conergy AG's Days Inventory for the three months ended in Mar. 2013 was 52.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. Conergy AG's Inventory Turnover for the quarter that ended in Mar. 2013 was 1.73.

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. Conergy AG's Inventory-to-Revenue for the quarter that ended in Mar. 2013 was 0.49.


Conergy AG Total Inventories Historical Data

The historical data trend for Conergy 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.

* Premium members only.

Conergy AG Total Inventories Chart

Conergy AG Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 245.60 107.50 169.50 86.40 61.30

Conergy AG Quarterly Data
Dec03 Dec07 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
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 88.40 73.80 85.70 61.30 59.20

Conergy 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.


Conergy AG  (LTS:0P51) 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.

Conergy AG's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2013 is

Net-Net Working Capital Per Share (Q: Mar. 2013 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(12.4+0.75 * 80.7+0.5 * 59.2-339.7
-0-0)/159.795
=-1.48

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

Conergy AG's Days Inventory for the three months ended in Mar. 2013 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2013 )/Cost of Goods Sold (Q: Mar. 2013 )*Days in Period
=60.25/104.4*365 / 4
=52.66

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

Conergy AG's Inventory Turnover for the quarter that ended in Mar. 2013 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2013 ) / Average Total Inventories (Q: Mar. 2013 )
=104.4 / 60.25
=1.73

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.

Conergy AG's Inventory to Revenue for the quarter that ended in Mar. 2013 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2013 ) / Revenue (Q: Mar. 2013 )
=60.25 / 122.1
=0.49

* 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.


Conergy AG Total Inventories Related Terms

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


Conergy AG (LTS:0P51) Business Description

Traded in Other Exchanges
N/A
Address
Anckelmannsplatz 1, Hamburg, DEU, 20537
Conergy AG is a German company which acts as a supplier in the field of solar system integration. The company produces, installs and plans solar systems and wind power stations. It develops, produces, and sells photovoltaic plants and plant components. The company is also engaged in project development and the implementation of large-scale photovoltaic projects.

Conergy AG (LTS:0P51) Headlines

No Headlines