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McColl's Retail Group (LSE:MCLS) Total Inventories : £75 Mil (As of May. 2021)


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What is McColl's Retail Group Total Inventories?

McColl's Retail Group's total inventories for the quarter that ended in May. 2021 was £75 Mil. McColl's Retail Group's average total inventories from the quarter that ended in Nov. 2020 to the quarter that ended in May. 2021 was £76 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. McColl's Retail Group's Net-Net Working Capital per share for the quarter that ended in May. 2021 was £-1.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. McColl's Retail Group's Days Inventory for the six months ended in May. 2021 was 31.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. McColl's Retail Group's Inventory Turnover for the quarter that ended in May. 2021 was 5.74.

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. McColl's Retail Group's Inventory-to-Revenue for the quarter that ended in May. 2021 was 0.13.


McColl's Retail Group Total Inventories Historical Data

The historical data trend for McColl's Retail 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.

McColl's Retail Group Total Inventories Chart

McColl's Retail Group Annual Data
Trend Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.04 75.97 79.80 86.40 77.80

McColl's Retail Group Semi-Annual Data
Nov11 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21
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 77.09 86.40 80.87 77.80 74.90

McColl's Retail 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.


McColl's Retail Group  (LSE:MCLS) 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.

McColl's Retail Group's Net-Net Working Capital Per Share for the quarter that ended in May. 2021 is

Net-Net Working Capital Per Share (Q: May. 2021 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(31.4+0.75 * 29.5+0.5 * 74.9-530.1
-0-0)/280.311
=-1.57

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

McColl's Retail Group's Days Inventory for the six months ended in May. 2021 is calculated as:

Days Inventory=Average Total Inventories (Q: May. 2021 )/Cost of Goods Sold (Q: May. 2021 )*Days in Period
=76.35/438.4*365 / 2
=31.78

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

McColl's Retail Group's Inventory Turnover for the quarter that ended in May. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: May. 2021 ) / Average Total Inventories (Q: May. 2021 )
=438.4 / 76.35
=5.74

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.

McColl's Retail Group's Inventory to Revenue for the quarter that ended in May. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: May. 2021 ) / Revenue (Q: May. 2021 )
=76.35 / 572.7
=0.13

* 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.


McColl's Retail Group Total Inventories Related Terms

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McColl's Retail Group (LSE:MCLS) Business Description

Traded in Other Exchanges
N/A
Address
One London Road, Ground Floor West, Brentwood, Essex, GBR, CM14 4QW
McColl's Retail Group PLC is a retailer operator of convenience and newsagent stores. The company's products and services include everyday groceries, milk, baked beans, fruit pots, snacks, and ready meals, Lotto, Paypoint, and beers, wines, and spirits. The group operates more than 800 convenience stores and approximately 400 newsagent stores. It derives most of the revenue from convenience stores.

McColl's Retail Group (LSE:MCLS) Headlines

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