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LOTBY (Lotus Bakeries NV) Total Inventories : $98 Mil (As of Jun. 2024)


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What is Lotus Bakeries NV Total Inventories?

Lotus Bakeries NV's total inventories for the quarter that ended in Jun. 2024 was $98 Mil. Lotus Bakeries NV's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was $91 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Lotus Bakeries NV's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $-4.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lotus Bakeries NV's Days Inventory for the six months ended in Jun. 2024 was 42.71.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lotus Bakeries NV's Inventory Turnover for the quarter that ended in Jun. 2024 was 4.27.

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. Lotus Bakeries NV's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.14.


Lotus Bakeries NV Total Inventories Historical Data

The historical data trend for Lotus Bakeries NV'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.

Lotus Bakeries NV Total Inventories Chart

Lotus Bakeries NV 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 49.40 56.97 65.43 74.54 83.87

Lotus Bakeries NV Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 77.40 74.54 92.75 83.87 97.82

Lotus Bakeries NV 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.


Lotus Bakeries NV  (OTCPK:LOTBY) 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.

Lotus Bakeries NV's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

Net-Net Working Capital Per Share (Q: Jun. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(102.969+0.75 * 192.747+0.5 * 97.818-639.507
-0-0)/81.2123
=-4.22

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

Lotus Bakeries NV's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=90.8425/388.165*365 / 2
=42.71

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

Lotus Bakeries NV's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=388.165 / 90.8425
=4.27

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.

Lotus Bakeries NV's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=90.8425 / 645.054
=0.14

* 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.


Lotus Bakeries NV Total Inventories Related Terms

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Lotus Bakeries NV Business Description

Traded in Other Exchanges
Address
Gentstraat 1, Lembeke, BEL, B-9971
Lotus Bakeries NV produces and sells snacks under a range of brands. Under the Peijnenburg and Snelle Jelle brands, the company supplies gingerbread in Netherlands. With the Nakd, Trek, Bear, and Urban Fruit brands, the company offers snacks made from natural ingredients and no added sugar. Lotus Bakeries operates in Belgium, with production facilities in Belgium, the Netherlands, France, and Sweden, and a number of sales units in Europe, the U.S., and Asia. The company's product portfolio is divided into six product lines: the caramelized biscuits line, the waffles and galettes line, the cake specialties line, the gingerbread line, the pepparkakor biscuits line, and the Dinosaurs biscuits line. Lotus Bakeries distributes its products through retail, catering, and food services.

Lotus Bakeries NV Headlines

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