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thyssenkrupp AG (XTER:TKA) Total Inventories : €7,890 Mil (As of Mar. 2024)


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What is thyssenkrupp AG Total Inventories?

thyssenkrupp AG's total inventories for the quarter that ended in Mar. 2024 was €7,890 Mil. thyssenkrupp AG's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was €7,938 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. thyssenkrupp AG's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-11.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. thyssenkrupp AG's Days Inventory for the three months ended in Mar. 2024 was 91.33.

Inventory Turnover measures how fast the company turns over its inventory within a year. thyssenkrupp AG's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.00.

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. thyssenkrupp AG's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.88.


thyssenkrupp AG Total Inventories Historical Data

The historical data trend for thyssenkrupp AG'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.

thyssenkrupp AG Total Inventories Chart

thyssenkrupp AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,781.00 5,922.00 7,116.00 8,889.00 7,553.00

thyssenkrupp AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8,468.00 8,131.00 7,553.00 7,986.00 7,890.00

thyssenkrupp AG 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.


thyssenkrupp AG  (XTER:TKA) 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.

thyssenkrupp AG's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5381+0.75 * 4699+0.5 * 7890-19235
-0-834)/622.532
=-11.60

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

thyssenkrupp AG's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=7938/7931*365 / 4
=91.33

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

thyssenkrupp AG's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=7931 / 7938
=1.00

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.

thyssenkrupp AG's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=7938 / 9064
=0.88

* 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.


thyssenkrupp AG Total Inventories Related Terms

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thyssenkrupp AG (XTER:TKA) Business Description

Address
ThyssenKrupp Allee 1, Essen, NW, DEU, 45143
thyssenkrupp AG is a diversified industrial group with steel operations and capital goods and services businesses. Its segment includes Materials Services, Bearings, Forged Technologies, Automotive Technology, Steel Europe, Marine Systems, Multi Tracks. The group also provides cross-cutting services to businesses and Corporate Headquarters.
Executives
Dr. Klaus Keysberg Board of Directors
Oliver Burkhard Board of Directors
Martina Merz Board of Directors

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