Northam Platinum Holdings (JSE:NPH) Total Inventories : R7,747 Mil (As of Dec. 2023)

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What is Northam Platinum Holdings Total Inventories?

Northam Platinum Holdings's total inventories for the quarter that ended in Dec. 2023 was R7,747 Mil. Northam Platinum Holdings's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was R7,129 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Northam Platinum Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was R-26.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Northam Platinum Holdings's Days Inventory for the six months ended in Dec. 2023 was 103.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. Northam Platinum Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.76.

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. Northam Platinum Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.48.

Northam Platinum Holdings Total Inventories Historical Data

The historical data trend for Northam Platinum 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.

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Northam Platinum Holdings Total Inventories Chart

Northam Platinum Holdings Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Total Inventories

3,744.31

5,144.59

5,160.27

6,510.34

Northam Platinum Holdings Semi-Annual Data
	Jun18	Jun19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial					7,030.83	5,160.27	6,306.78	6,510.34	7,747.08

Northam Platinum 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.

Northam Platinum Holdings (JSE:NPH) 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.

Northam Platinum 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)
=	(11534.915	+	0.75 * 103.822	+	0.5 * 7747.079	-	25941.737
-	0	-	0)	/	389.86
=	-26.82

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

Northam Platinum Holdings's Days Inventory for the six 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
	=	7128.7105	/	12577.377	*	365 / 2
	=	103.44

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

Northam Platinum 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 )
	=	12577.377	/	7128.7105
	=	1.76

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.

Northam Platinum 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 )
	=	7128.7105	/	14994.577
	=	0.48

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.

Northam Platinum Holdings Total Inventories Related Terms

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Northam Platinum Holdings (JSE:NPH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Northam Platinum Holdings Ltd (JSE:NPH) » Definitions » Total Inventories

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NPTLF:USA 7JR:Germany

Address

Magwa Crescent West, Building 4, 1st Floor, Maxwell Office Park, Jukskei View, Waterfall City, GT, ZAF, 2090

Website

https://www.northam.co.za

Northam Platinum Holdings Ltd is an integrated producer of platinum group metals. Its primary products are the three PGMs, platinum, palladium, and rhodium. The primary consumers of these metals are the motor manufacturing industry, the jewelry industry, and other industrial sectors. Its segments include Northam Holdings, Zondereinde mine, Booysendal mine, Eland mine, and the US recycling operations.

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