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Olam Group (SGX:VC2) Total Inventories : S$9,281 Mil (As of Jun. 2023)


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What is Olam Group Total Inventories?

Olam Group's total inventories for the quarter that ended in Jun. 2023 was S$9,281 Mil. Olam Group's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Jun. 2023 was S$9,114 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Olam Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was S$-3.84.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Olam Group's Days Inventory for the six months ended in Jun. 2023 was 73.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. Olam Group's Inventory Turnover for the quarter that ended in Jun. 2023 was 2.50.

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. Olam Group's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.37.


Olam Group Total Inventories Historical Data

The historical data trend for Olam 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.

Olam Group Total Inventories Chart

Olam Group Annual Data
Trend Jun13 Jun14 Jun15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,468.16 7,211.47 7,380.62 8,857.22 8,947.32

Olam Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 8,046.15 8,857.22 9,861.25 8,947.32 9,281.38

Olam 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.


Olam Group  (SGX:VC2) 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.

Olam Group's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is

Net-Net Working Capital Per Share (Q: Jun. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3378.489+0.75 * 3504.232+0.5 * 9281.376-25081.489
-0-301.083)/3837.98
=-3.84

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

Olam Group's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=9114.35/22757.95*365 / 2
=73.09

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

Olam Group's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=22757.95 / 9114.35
=2.50

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.

Olam Group's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=9114.35 / 24685.052
=0.37

* 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.


Olam Group Total Inventories Related Terms

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Olam Group (SGX:VC2) Business Description

Traded in Other Exchanges
Address
7 Straits View, Marina One East Tower, No. 20-01, Singapore, SGP, 018936
Olam Group Ltd sources, processes, packages, and sells agricultural commodities. The company's operating segments include Olam Food Ingredients; Olam Global Agri and Olam International Limited. It generates maximum revenue from the Olam Global Agri segment. Geographically, it derives a majority of its revenue from Asia, the Middle East and Australia. Some of its products include Cocoa, Coffee, Cotton, Nuts, and Spices.

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