GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Bens Creek Group PLC (STU:6RX) » Definitions » Total Inventories

Bens Creek Group (STU:6RX) Total Inventories : €4.10 Mil (As of Sep. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Bens Creek Group Total Inventories?

Bens Creek Group's total inventories for the quarter that ended in Sep. 2023 was €4.10 Mil. Bens Creek Group's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Sep. 2023 was €4.46 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Bens Creek Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was €-0.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bens Creek Group's Days Inventory for the six months ended in Sep. 2023 was 34.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bens Creek Group's Inventory Turnover for the quarter that ended in Sep. 2023 was 5.34.

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. Bens Creek Group's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.20.


Bens Creek Group Total Inventories Historical Data

The historical data trend for Bens Creek 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.

Bens Creek Group Total Inventories Chart

Bens Creek Group Annual Data
Trend Mar21 Mar22 Mar23
Total Inventories
- 1.39 4.81

Bens Creek Group Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Total Inventories Get a 7-Day Free Trial - 1.39 2.79 4.81 4.10

Bens Creek 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.


Bens Creek Group  (STU:6RX) 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.

Bens Creek Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.109+0.75 * 0+0.5 * 4.102-64.115
-0-0)/399.574
=-0.15

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

Bens Creek Group's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=4.4565/23.781*365 / 2
=34.20

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

Bens Creek Group's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=23.781 / 4.4565
=5.34

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.

Bens Creek Group's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=4.4565 / 22.046
=0.20

* 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.


Bens Creek Group Total Inventories Related Terms

Thank you for viewing the detailed overview of Bens Creek Group's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Bens Creek Group (STU:6RX) Business Description

Traded in Other Exchanges
Address
15 Stratton Street, London, GBR, W1J 8LQ
Bens Creek Group PLC owns and operates metallurgical coal mines in North America. Its main country of operation is the United States of America. The company is engaged in Ben's creek mining project situated in the southern part of the state of West Virginia and the eastern edge of the Commonwealth of Kentucky. The company has two geographical segment, the United Kingdom and the United States of America ("USA"). Activities in the UK are mainly administrative in nature whilst the activities in the USA relate to coal production and sale of coal. Geographically the company derives the majority of its revenue from USA.

Bens Creek Group (STU:6RX) Headlines

No Headlines