Tonner Drones (XPAR:ALTD) Total Inventories : €2.55 Mil (As of Dec. 2022)

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What is Tonner Drones Total Inventories?

Tonner Drones's total inventories for the quarter that ended in Dec. 2022 was €2.55 Mil. Tonner Drones's average total inventories from the quarter that ended in Jun. 2022 to the quarter that ended in Dec. 2022 was €2.62 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Tonner Drones's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was €-227.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tonner Drones's Days Inventory for the six months ended in Dec. 2022 was 579.80.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tonner Drones's Inventory Turnover for the quarter that ended in Dec. 2022 was 0.31.

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. Tonner Drones's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.57.

Tonner Drones Total Inventories Historical Data

The historical data trend for Tonner Drones'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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Tonner Drones Total Inventories Chart

Tonner Drones Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Inventories

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0.42

0.63

2.69

2.89

2.55

Tonner Drones Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Total Inventories	Get a 7-Day Free Trial														2.69	2.62	2.89	2.69	2.55

Tonner Drones 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.

Tonner Drones (XPAR:ALTD) 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.

Tonner Drones'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)
=	(0.781	+	0.75 * 1.746	+	0.5 * 2.55	-	17.979
-	0	-	8.087)	/	0.0998
=	-227.46

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

Tonner Drones'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
	=	2.621	/	0.825	*	365 / 2
	=	579.80

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

Tonner Drones'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 )
	=	0.825	/	2.621
	=	0.31

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.

Tonner Drones'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 )
	=	2.621	/	4.565
	=	0.57

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.

Tonner Drones Total Inventories Related Terms

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Tonner Drones (XPAR:ALTD) Business Description

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1DD:Germany

Address

12 Rue Ampère, Cémoi – Bâtiment A, Grenoble, FRA, 38000

Website

https://www.tonnerdrones.com

Tonner Drones SA is engaged in the developing and marketing of security and surveillance solutions intended for the military field as well as private and public security: the ISS SPOTTER Wired captive surveillance drone, the automatic drone for surveillance of sensitive sites ISS SPOTTER Automatic or even trailers SPOTTER BOT mobile video security systems.

Tonner Drones (XPAR:ALTD) Headlines

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