BMIT Technologies (MAL:BMIT) Total Inventories : €0.15 Mil (As of Dec. 2023)

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What is BMIT Technologies Total Inventories?

BMIT Technologies's total inventories for the quarter that ended in Dec. 2023 was €0.15 Mil. BMIT Technologies's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was €0.14 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. BMIT Technologies's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-0.30.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BMIT Technologies's Days Inventory for the six months ended in Dec. 2023 was 3.46.

Inventory Turnover measures how fast the company turns over its inventory within a year. BMIT Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 was 52.69.

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

BMIT Technologies Total Inventories Historical Data

The historical data trend for BMIT Technologies'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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BMIT Technologies Total Inventories Chart

BMIT Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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0.19

0.17

0.15

BMIT Technologies Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial							0.17	0.16	0.15	0.14	0.15

BMIT Technologies 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.

BMIT Technologies (MAL:BMIT) 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.

BMIT Technologies'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)
=	(3.752	+	0.75 * 1.117	+	0.5 * 0.147	-	69.873
-	0	-	0)	/	217.841
=	-0.30

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

BMIT Technologies'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
	=	0.1445	/	7.614	*	365 / 2
	=	3.46

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

BMIT Technologies'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 )
	=	7.614	/	0.1445
	=	52.69

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.

BMIT Technologies'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 )
	=	0.1445	/	13.829
	=	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.

BMIT Technologies Total Inventories Related Terms

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BMIT Technologies (MAL:BMIT) Business Description

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Address

Building SCM 02, Level 2, SmartCity Ricasoli, SCM, Kalkara, MLT, 1001

Website

https://www.bmit.com.mt

BMIT Technologies PLC, through its subsidiaries, is involved in providing data center services, Information and Communication Technologies, Cloud services, and Infrastructure and support services among others. The company serves services to various industries including online gaming, financial services, ICT, manufacturing, media, transportation, retail, and hospitality. The Group's revenues are derived predominantly from operations carried out in Malta. However, it also derives revenue from companies operating out of Malta.

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