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Marshall Monteagle (JSE:MMP) Total Inventories : R301 Mil (As of Sep. 2023)


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What is Marshall Monteagle Total Inventories?

Marshall Monteagle's total inventories for the quarter that ended in Sep. 2023 was R301 Mil. Marshall Monteagle's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Sep. 2023 was R305 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Marshall Monteagle's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was R4.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Marshall Monteagle's Days Inventory for the six months ended in Sep. 2023 was 58.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. Marshall Monteagle's Inventory Turnover for the quarter that ended in Sep. 2023 was 3.14.

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. Marshall Monteagle's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.26.


Marshall Monteagle Total Inventories Historical Data

The historical data trend for Marshall Monteagle'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.

Marshall Monteagle Total Inventories Chart

Marshall Monteagle Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Mar23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 384.06 433.80 366.64 207.87 309.17

Marshall Monteagle Semi-Annual Data
Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep22 Mar23 Sep23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 207.87 255.19 363.23 309.17 301.38

Marshall Monteagle 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.


Marshall Monteagle  (JSE:MMP) 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.

Marshall Monteagle'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)
=(428.321+0.75 * 585.794+0.5 * 301.384-779.433
-0-69.054)/35.8575
=4.74

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

Marshall Monteagle'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
=305.277/959.987*365 / 2
=58.04

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

Marshall Monteagle'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 )
=959.987 / 305.277
=3.14

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.

Marshall Monteagle'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 )
=305.277 / 1171.265
=0.26

* 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.


Marshall Monteagle Total Inventories Related Terms

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Marshall Monteagle (JSE:MMP) Business Description

Traded in Other Exchanges
N/A
Address
66-72 Esplanade, 2nd Floor, Gaspe House, Saint Helier, JEY, JE1 1GH
Marshall Monteagle PLC operates trading businesses involved in the importation and distribution of hand tools, machinery and non-perishable food products, coffee roasting, importing and exporting and trading in metals and minerals. It is also involved in the property business. The company generates the majority of its revenue from the Import and distribution segment, which is engaged in Trade in non-perishable products, such as food, food ingredients, household consumer products, metal and minerals, manufacturing inputs, and tools; primarily imports to South Africa and Latin America, and exports from South Africa.

Marshall Monteagle (JSE:MMP) Headlines