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Econet Wireless Zimbabwe (XZIM:ECO.ZW) Total Inventories : ZWL144,223 Mil (As of Feb. 2024)


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What is Econet Wireless Zimbabwe Total Inventories?

Econet Wireless Zimbabwe's total inventories for the quarter that ended in Feb. 2024 was ZWL144,223 Mil. Econet Wireless Zimbabwe's average total inventories from the quarter that ended in Aug. 2023 to the quarter that ended in Feb. 2024 was ZWL87,092 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Econet Wireless Zimbabwe's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was ZWL-1,167.47.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Econet Wireless Zimbabwe's Days Inventory for the six months ended in Feb. 2024 was 3.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. Econet Wireless Zimbabwe's Inventory Turnover for the quarter that ended in Feb. 2024 was 46.71.

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. Econet Wireless Zimbabwe's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.01.


Econet Wireless Zimbabwe Total Inventories Historical Data

The historical data trend for Econet Wireless Zimbabwe'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.

Econet Wireless Zimbabwe Total Inventories Chart

Econet Wireless Zimbabwe Annual Data
Trend Feb09 Feb11 Feb12 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Total Inventories
Get a 7-Day Free Trial Premium Member Only 989.90 3,298.50 9,911.64 7,691.11 144,223.00

Econet Wireless Zimbabwe Semi-Annual Data
Feb11 Aug11 Feb12 Aug12 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 9,911.64 13,940.01 7,691.11 29,960.00 144,223.00

Econet Wireless Zimbabwe 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.


Econet Wireless Zimbabwe  (XZIM:ECO.ZW) 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.

Econet Wireless Zimbabwe's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2024 is

Net-Net Working Capital Per Share (Q: Feb. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(216826+0.75 * 1353846+0.5 * 144223-4279535
-0--187)/2548.275
=-1,167.47

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

Econet Wireless Zimbabwe's Days Inventory for the six months ended in Feb. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Feb. 2024 )/Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=87091.5/4068454*365 / 2
=3.91

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

Econet Wireless Zimbabwe's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Feb. 2024 ) / Average Total Inventories (Q: Feb. 2024 )
=4068454 / 87091.5
=46.71

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.

Econet Wireless Zimbabwe's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=87091.5 / 13652900
=0.01

* 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.


Econet Wireless Zimbabwe Total Inventories Related Terms

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Econet Wireless Zimbabwe (XZIM:ECO.ZW) Business Description

Traded in Other Exchanges
N/A
Address
2 Old Mutare Road, Econet Park, Msasa, Harare, ZWE
Econet Wireless Zimbabwe Ltd is a holding company. It operates in the following segments: Cellular Network Operations, which provides cellular network services Investments & Administrations, which is the investment vehicle. The Cellular Network Operations generate maximum revenue for the company. Geographically the company offers its services only in the Zimbabwe region.

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