Arras Group SpA (MIL:AGU) Total Inventories : €1.92 Mil (As of Dec. 2022)

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What is Arras Group SpA Total Inventories?

Arras Group SpA's total inventories for the quarter that ended in Dec. 2022 was €1.92 Mil. Arras Group SpA's average total inventories from the quarter that ended in Dec. 2021 to the quarter that ended in Dec. 2022 was €1.16 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Arras Group SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was €-0.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Arras Group SpA's Days Inventory for the six months ended in Dec. 2022 was 4,815.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Arras Group SpA's Inventory Turnover for the quarter that ended in Dec. 2022 was 0.04.

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. Arras Group SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 17.59.

Arras Group SpA Total Inventories Historical Data

The historical data trend for Arras Group SpA'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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Arras Group SpA Total Inventories Chart

Arras Group SpA Annual Data

Trend

Dec21

Dec22

Total Inventories

0.40

1.92

Arras Group SpA Semi-Annual Data
	Dec21	Dec22
Total Inventories	0.40	1.92

Arras Group SpA 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.

Arras Group SpA (MIL:AGU) 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.

Arras Group SpA's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 is

	Net-Net Working Capital Per Share (Q: Dec. 2022 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.05	+	0.75 * 0.326	+	0.5 * 1.921	-	5.425
-	0	-	0)	/	5.373
=	-0.78

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

Arras Group SpA's Days Inventory for the six months ended in Dec. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2022 )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
	=	1.161	/	0.044	*	365 / 2
	=	4,815.51

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

Arras Group SpA's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2022 )	/	Average Total Inventories (Q: Dec. 2022 )
	=	0.044	/	1.161
	=	0.04

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.

Arras Group SpA's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2022 )	/	Revenue (Q: Dec. 2022 )
	=	1.161	/	0.066
	=	17.59

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.

Arras Group SpA Total Inventories Related Terms

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Arras Group SpA (MIL:AGU) Business Description

Industry

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Traded in Other Exchanges

6ZU:Germany

Address

Largo Domodossola 7, Milan, ITA, 20145

Website

https://www.arrasgroupspa.com

Arras Group SpA is a technological real estate development company for second homes, which currently operates in the Sardinian territory (in particular, in the north and south of the island), and is aimed at both Italian and foreign high-income customers. The Real Estate Projects developed by the Group typically arise in prestigious seaside locations in Sardinia, with the possibility of enjoying large internal and external spaces, as usually requested by national and international buyers interested in buying second homes. Its projects include Cannigione Sunrise, I Villini del Poetto, Seaside Costa Paradiso, The Tower Calasetta, Castle View, and others.