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Tronox Holdings (Tronox Holdings) Total Inventories : $1,421 Mil (As of Dec. 2023)


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What is Tronox Holdings Total Inventories?

Tronox Holdings's total inventories for the quarter that ended in Dec. 2023 was $1,421 Mil. Tronox Holdings's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $1,422 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Tronox Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-19.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tronox Holdings's Days Inventory for the three months ended in Dec. 2023 was 213.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tronox Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.43.

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. Tronox Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.07.


Tronox Holdings Total Inventories Historical Data

The historical data trend for Tronox Holdings'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.

Tronox Holdings Total Inventories Chart

Tronox Holdings 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 1,131.00 1,137.00 1,048.00 1,278.00 1,421.00

Tronox Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,278.00 1,359.00 1,400.00 1,422.00 1,421.00

Tronox Holdings 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.


Tronox Holdings  (NYSE:TROX) 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.

Tronox Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(273+0.75 * 290+0.5 * 1421-4154
-0-44)/156.794
=-19.11

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

Tronox Holdings's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=1421.5/608*365 / 4
=213.34

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

Tronox Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=608 / 1421.5
=0.43

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.

Tronox Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=1421.5 / 686
=2.07

* 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.


Tronox Holdings Total Inventories Related Terms

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Tronox Holdings (Tronox Holdings) Business Description

Traded in Other Exchanges
Address
263 Tresser Boulevard, Suite 1100, Stamford, CT, USA, 06901
Tronox Holdings PLC is a vertically integrated manufacturer of TiO2 pigment. It operates titanium-bearing mineral sand mines and beneficiation and smelting operations in Australia & South Africa to produce feedstock materials that can be processed into TiO2 for pigment, high-purity titanium chemicals, including titanium tetrachloride, and ultrafine TiO2 used in certain specialty applications. TiO2 and titanium feedstock, are used to produce paints and coatings, as well as plastics, paper, and printing ink. It has three pigment production facilities in the United States, the Netherlands, and Western Australia and three mining operations in Western Australia and South Africa. North America, Europe, the Middle East, and Africa, and Asia-Pacific regions contribute the vast majority of revenue.
Executives
Vanessa Ann Guthrie director 263 TRESSER BLVD., SUITE 1100, STAMFORD CT 06901
Stephen J Jones director 7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195-1501
Mutlaq Hamad Al-morished director 263 TRESSER BLVD., SUITE 1100, STAMFORD CT 06901
Moazzam A. Khan director 263 TRESSER BLVD., SUITE 1100, STAMFORD CT 06901
Timothy C Carlson officer: Senior Vice President, CFO 263 TRESSER BOULEVARD, SUITE 1100, STAMFORD CT 06901
Jonathan Flood officer: Principal Accounting Officer 263 TRESSER BLVD., SUITE 1100, STAMFORD CT 06901
Jean Francois Turgeon officer: Executive Vice President 263 TRESSER BOULEVARD, STAMFORD CT 06901
John D Romano officer: SVP, Chief Commercial Officer P. O. BOX 268859, OKLAHOMA CITY OK 73126
Jeffrey N Neuman officer: SVP, General Counsel & Sec. 115 TABOR ROAD, MORRIS PLAINS NJ 07950
John Srivisal officer: SVP, Business Dev. and Finance C/O TRONOX HOLDINGS PLC, 263 TRESSER BOULEVARD, SUITE 1100, STAMFORD CT 06901
Sipho Abednego Nkosi director EXXARO RESOURCES LTD, P.O. BOX 9229, PRETORIA T3 0001
Raoul Charles Mancini officer: SVP, Chief HR Officer 410 PARK AVE.; SUITE 1400, NEW YORK NY 10022
Ilan Kaufthal director 143 E LINDEN AVE, ENGLEWOOD NJ 07631
Wayne A Hinman director TRONOX LIMITED, ONE STAMFORD PLAZA, 263 TRESSER BLVD., SUITE 1100, STAMFORD CT 06901
Jeffry N Quinn director 12935 NORTH FORTY DRIVE, SUITE 201, ST. LOUIS MO 63141

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