Sinergon Holding AD (XBUL:SNRG) Total Inventories : лв57.0 Mil (As of Jun. 2023)

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What is Sinergon Holding AD Total Inventories?

Sinergon Holding AD's total inventories for the quarter that ended in Jun. 2023 was лв57.0 Mil. Sinergon Holding AD's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Jun. 2023 was лв59.6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sinergon Holding AD's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was лв0.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sinergon Holding AD's Days Inventory for the three months ended in Jun. 2023 was 14.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sinergon Holding AD's Inventory Turnover for the quarter that ended in Jun. 2023 was 6.43.

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. Sinergon Holding AD's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.32.

Sinergon Holding AD Total Inventories Historical Data

The historical data trend for Sinergon Holding AD'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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Sinergon Holding AD Total Inventories Chart

Sinergon Holding AD Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Total Inventories

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50.43

53.37

52.51

44.92

47.21

Sinergon Holding AD Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Mar23	Jun23
Total Inventories	Get a 7-Day Free Trial															47.21	-	56.76	62.10	57.00

Sinergon Holding AD 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.

Sinergon Holding AD (XBUL:SNRG) 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.

Sinergon Holding AD's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is

	Net-Net Working Capital Per Share (Q: Jun. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(24.921	+	0.75 * 64.494	+	0.5 * 57.001	-	81.18
-	0	-	16.122)	/	18.3589
=	0.24

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

Sinergon Holding AD's Days Inventory for the three months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	59.5525	/	382.742	*	365 / 4
	=	14.20

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

Sinergon Holding AD's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2023 )	/	Average Total Inventories (Q: Jun. 2023 )
	=	382.742	/	59.5525
	=	6.43

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.

Sinergon Holding AD's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	59.5525	/	188.262
	=	0.32

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.

Sinergon Holding AD Total Inventories Related Terms

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Sinergon Holding AD (XBUL:SNRG) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Sinergon Holding AD (XBUL:SNRG) » Definitions » Total Inventories

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Address

2 Solunska Street, Sofia, BGR, 1000

Website

http://www.synergon.bg

Sinergon Holding AD is engaged in acquisition, management, valuation and sales of stake, patents and bonds in Bulgaria and internationally. The company is also engaged in providing tourist services, hotel and restaurant services.