PT Vale Indonesia Tbk (PT Vale Indonesia Tbk) Total Inventories : $156 Mil (As of Dec. 2023)

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What is PT Vale Indonesia Tbk Total Inventories?

PT Vale Indonesia Tbk's total inventories for the quarter that ended in Dec. 2023 was $156 Mil. PT Vale Indonesia Tbk's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $164 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. PT Vale Indonesia Tbk's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $2.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Vale Indonesia Tbk's Days Inventory for the three months ended in Dec. 2023 was 63.95.

Inventory Turnover measures how fast the company turns over its inventory within a year. PT Vale Indonesia Tbk's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.43.

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. PT Vale Indonesia Tbk's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.56.

PT Vale Indonesia Tbk Total Inventories Historical Data

The historical data trend for PT Vale Indonesia Tbk'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.

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PT Vale Indonesia Tbk Total Inventories Chart

PT Vale Indonesia Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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147.96

144.49

162.02

155.75

155.95

PT Vale Indonesia Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial															155.75	168.10	168.65	172.38	155.95

PT Vale Indonesia Tbk 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.

PT Vale Indonesia Tbk (OTCPK:PTNDY) 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.

PT Vale Indonesia Tbk'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)
=	(704.705	+	0.75 * 101.813	+	0.5 * 155.946	-	361.462
-	0	-	0)	/	198.727
=	2.50

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

PT Vale Indonesia Tbk's Days Inventory for the three 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
	=	164.1635	/	234.249	*	365 / 4
	=	63.95

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

PT Vale Indonesia Tbk'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 )
	=	234.249	/	164.1635
	=	1.43

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.

PT Vale Indonesia Tbk'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 )
	=	164.1635	/	294.367
	=	0.56

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.

PT Vale Indonesia Tbk Total Inventories Related Terms

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PT Vale Indonesia Tbk (PT Vale Indonesia Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PT Vale Indonesia Tbk (OTCPK:PTNDY) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

PTNDF:USA INCO:Indonesia XT3B:Germany

Address

Jalan Jenderal Sudirman Kav. 71, Sequis Tower, Lantai 20, Unit 6 and 7, Jakarta, IDN, 12190

Website

https://www.vale.com

PT Vale Indonesia Tbk is primarily engaged in nickel mining and processing in Indonesia. The company produces nickel in matte from lateritic ores at its integrated mining and processing facilities near Sorowako, Indonesia. The finished nickel product represents what is known in the industry as "primary nickel," meaning nickel produced principally from nickel ores, as opposed to "secondary" nickel, which is recovered from recycled metal which contains nickel. The majority of global nickel is used for stainless steel production.