Murray And Roberts Holdings (JSE:MUR) Inventory Turnover : 28.57 (As of Dec. 2023)

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What is Murray And Roberts Holdings Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Murray And Roberts Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was R5,875 Mil. Murray And Roberts Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was R206 Mil. Murray And Roberts Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 28.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Murray And Roberts Holdings's Days Inventory for the six months ended in Dec. 2023 was 6.39.

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. Murray And Roberts Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.

Murray And Roberts Holdings Inventory Turnover Historical Data

The historical data trend for Murray And Roberts Holdings's Inventory Turnover 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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Murray And Roberts Holdings Inventory Turnover Chart

Murray And Roberts Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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50.46

17.43

30.38

Murray And Roberts Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-	-	13.89	23.15	28.57

Murray And Roberts Holdings Inventory Turnover Calculation

Murray And Roberts Holdings's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	11163.3	/ (	(494.8	+	240.2)	/	2 )
=	11163.3	/	367.5
=	30.38

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

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	5875	/ (	(240.2	+	171)	/	2 )
=	5875	/	205.6
=	28.57

Murray And Roberts Holdings (JSE:MUR) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Murray And Roberts 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
	=	205.6	/	5875	*	365 / 2
	=	6.39

2. 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.

Murray And Roberts 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 )
	=	205.6	/	6558
	=	0.03

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Murray And Roberts Holdings Inventory Turnover Related Terms

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Murray And Roberts Holdings (JSE:MUR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Murray And Roberts Holdings Ltd (JSE:MUR) » Definitions » Inventory Turnover

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Address

22 Skeen Boulevard, Douglas Roberts Centre, Bedfordview, GT, ZAF, 2007

Website

https://www.murrob.com

Murray And Roberts Holdings Ltd is an investment holding company that provides engineering and construction services. The company's operating segment includes Bombela, Power, Industrial & Water, Mining, and Corporate & Properties. It generates maximum revenue from the Mining segment. Its geographical segments include South Africa, Rest of Africa, Australasia & South East Asia, and North America & other, which generates the majority of revenue. The mining segment comprises the following businesses: Murray & Roberts Cementation (Johannesburg-based); Cementation Canada (North Bay-based); Cementation USA (Salt Lake City-based) and Cementation Sudamerica (Santiago-based).