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Victorian Plumbing Group (LSE:VIC) Total Inventories : £33.2 Mil (As of Mar. 2024)


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What is Victorian Plumbing Group Total Inventories?

Victorian Plumbing Group's total inventories for the quarter that ended in Mar. 2024 was £33.2 Mil. Victorian Plumbing Group's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Mar. 2024 was £33.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Victorian Plumbing Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was £-0.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Victorian Plumbing Group's Days Inventory for the six months ended in Mar. 2024 was 85.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. Victorian Plumbing Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.15.

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. Victorian Plumbing Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.23.


Victorian Plumbing Group Total Inventories Historical Data

The historical data trend for Victorian Plumbing Group'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.

Victorian Plumbing Group Total Inventories Chart

Victorian Plumbing Group Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Inventories
Get a 7-Day Free Trial 18.30 23.00 32.40 33.90 34.20

Victorian Plumbing Group Semi-Annual Data
Sep18 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 35.30 33.90 36.00 34.20 33.20

Victorian Plumbing Group 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.


Victorian Plumbing Group  (LSE:VIC) 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.

Victorian Plumbing Group'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)
=(36.1+0.75 * 4.4+0.5 * 33.2-95
-0-0)/325.699
=-0.12

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

Victorian Plumbing Group's Days Inventory for the six 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
=33.7/72.3*365 / 2
=85.07

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

Victorian Plumbing Group'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 )
=72.3 / 33.7
=2.15

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.

Victorian Plumbing Group'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 )
=33.7 / 144.6
=0.23

* 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.


Victorian Plumbing Group Total Inventories Related Terms

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Victorian Plumbing Group (LSE:VIC) Business Description

Traded in Other Exchanges
Address
22 Grimrod Place, Skelmersdale, GBR, WN8 9UU
Victorian Plumbing Group PLC is an online retailer of bathroom products and accessories, offering a one-stop-shop solution for the entire bathroom. It offers a wide range of over 24,000 products to business to customer and trade customers, with more than 125 brands across a wide spectrum of price points and it also design and develops exclusive new products in-house.

Victorian Plumbing Group (LSE:VIC) Headlines

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