Skellerup Holdings (NZSE:SKL) Total Inventories : NZ$72.9 Mil (As of Dec. 2023)

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What is Skellerup Holdings Total Inventories?

Skellerup Holdings's total inventories for the quarter that ended in Dec. 2023 was NZ$72.9 Mil. Skellerup Holdings's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was NZ$73.9 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Skellerup Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was NZ$-0.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Skellerup Holdings's Days Inventory for the six months ended in Dec. 2023 was 148.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. Skellerup Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.23.

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. Skellerup Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.47.

Skellerup Holdings Total Inventories Historical Data

The historical data trend for Skellerup 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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Skellerup Holdings Total Inventories Chart

Skellerup Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Inventories

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48.34

52.10

50.26

69.60

74.89

Skellerup Holdings Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial															60.89	69.60	80.42	74.89	72.89

Skellerup 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.

Skellerup Holdings (NZSE:SKL) 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.

Skellerup 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)
=	(19.983	+	0.75 * 44.65	+	0.5 * 72.885	-	111.655
-	0	-	0)	/	196.072
=	-0.11

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

Skellerup 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
	=	73.8855	/	90.588	*	365 / 2
	=	148.85

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

Skellerup 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 )
	=	90.588	/	73.8855
	=	1.23

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.

Skellerup 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 )
	=	73.8855	/	157.73
	=	0.47

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.

Skellerup Holdings Total Inventories Related Terms

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Skellerup Holdings (NZSE:SKL) Business Description

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Address

Level 3, 205 Great South Road, Greenlane, Auckland, NTL, NZL, 1051

Website

https://www.skellerupholdings.com

Skellerup Holdings Ltd is engaged in the providing of technical polymer and elastomer products for specialist industrial and agricultural applications. The company operates in three segments: Agri Division, which manufactures and distributes dairy rubber ware including milking liners, tubing, filters, & feeding teats; Industrial Division, which manufactures and distributes technical polymer products across a number of industrial markets. and Corporate Division The Corporate Division is not an operating segment, and includes the Parent company and other central administration expenses that have not been allocated to the Agri and Industrial Divisions. Its geographical segments include New Zealand, Australia, North America, Europe, the United Kingdom, Ireland, Asia, and others.

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