Perseus Mining (ASX:PRU) Total Inventories : A$162 Mil (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Perseus Mining Total Inventories?

Perseus Mining's total inventories for the quarter that ended in Dec. 2023 was A$162 Mil. Perseus Mining's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was A$163 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Perseus Mining's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was A$0.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Perseus Mining's Days Inventory for the six months ended in Dec. 2023 was 95.59.

Inventory Turnover measures how fast the company turns over its inventory within a year. Perseus Mining's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.91.

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. Perseus Mining's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.22.

Perseus Mining Total Inventories Historical Data

The historical data trend for Perseus Mining'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.

Perseus Mining Total Inventories Chart

Perseus Mining Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Inventories

Get a 7-Day Free Trial

127.98

116.55

175.46

155.58

164.62

Perseus Mining Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial															150.10	155.58	149.19	164.62	161.58

Perseus Mining 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.

Perseus Mining (ASX:PRU) 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.

Perseus Mining'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)
=	(868.558	+	0.75 * 38.215	+	0.5 * 161.579	-	262.838
-	0	-	236.645)	/	1373.56
=	0.35

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

Perseus Mining'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
	=	163.1	/	311.383	*	365 / 2
	=	95.59

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

Perseus Mining'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 )
	=	311.383	/	163.1
	=	1.91

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.

Perseus Mining'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 )
	=	163.1	/	730.505
	=	0.22

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.

Perseus Mining Total Inventories Related Terms

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

Perseus Mining (ASX:PRU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Perseus Mining Ltd (ASX:PRU) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

PMNXF:USA P4Q:Germany PRU:Canada

Address

437 Roberts Road, Level 2, Subiaco, Perth, WA, AUS, 6008

Website

https://www.perseusmining.com

Perseus Mining in an Australian-based gold miner. It sold around 540,000 ounces of gold in fiscal 2023 from its three majority-owned mines in West Africa. Founded in 2004, Perseus purchased all three of its operating mines originally as exploration licenses or development projects. Its 90%-owned Edikan mine in Ghana achieved first gold in 2011, with 86%-owned Sissingue and 90%-owned Yaoure in Ivory Coast following in 2018 and 2020, respectively. The company also purchased its 70%-owned Meyas Sand gold project in Sudan in 2022. Excluding Meyas Sand, where development is on hold due to armed conflict in Sudan, the company had about five years of reserves at the end of fiscal 2023.