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Teixeira Duarte (STU:TXC2) Total Inventories : €291.4 Mil (As of Dec. 2023)


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What is Teixeira Duarte Total Inventories?

Teixeira Duarte's total inventories for the quarter that ended in Dec. 2023 was €291.4 Mil. Teixeira Duarte's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was €277.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Teixeira Duarte's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-2.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Teixeira Duarte's Days Inventory for the six months ended in Dec. 2023 was 439.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. Teixeira Duarte's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.41.

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. Teixeira Duarte's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.71.


Teixeira Duarte Total Inventories Historical Data

The historical data trend for Teixeira Duarte'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.

Teixeira Duarte Total Inventories Chart

Teixeira Duarte Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 202.11 171.42 224.72 247.78 291.43

Teixeira Duarte Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 224.72 245.59 247.78 262.88 291.43

Teixeira Duarte 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.


Teixeira Duarte  (STU:TXC2) 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.

Teixeira Duarte'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)
=(101.345+0.75 * 148.2+0.5 * 291.43-1369.324
-0-19.759)/420
=-2.45

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

Teixeira Duarte'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
=277.1525/114.983*365 / 2
=439.89

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

Teixeira Duarte'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 )
=114.983 / 277.1525
=0.41

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.

Teixeira Duarte'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 )
=277.1525 / 392.474
=0.71

* 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.


Teixeira Duarte Total Inventories Related Terms

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Teixeira Duarte (STU:TXC2) Business Description

Traded in Other Exchanges
Address
Lagoas Park, Edificio 2, Porto Salvo, Oeiras, PRT, 2740-265
Teixeira Duarte SA is engaged in the business of the undertaking and management of investments, the coordination and supervision of other companies included in or related to its corporate group, operating in areas of strategic and organizational planning as well as the provision of administrative, and management, consulting, operational assistance in terms of human resources, technical and financial services in which the company has the stake. The firm has in construction, concessions and services, real estate, hospitality, distribution and automotive business sectors. The company operates in Portugal, Angola, Algeria, Brazil, Spain, France, Morocco, Mozambique, and Venezuela.

Teixeira Duarte (STU:TXC2) Headlines

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