GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kobe Steel Ltd (TSE:5406) » Definitions » Total Inventories

Kobe Steel (TSE:5406) Total Inventories : 円710,649 Mil (As of Mar. 2024)


View and export this data going back to 1949. Start your Free Trial

What is Kobe Steel Total Inventories?

Kobe Steel's total inventories for the quarter that ended in Mar. 2024 was 円710,649 Mil. Kobe Steel's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was 円720,311 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Kobe Steel's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was 円-2,403.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kobe Steel's Days Inventory for the three months ended in Mar. 2024 was 118.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kobe Steel's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.77.

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. Kobe Steel's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.08.


Kobe Steel Total Inventories Historical Data

The historical data trend for Kobe Steel'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.

Kobe Steel Total Inventories Chart

Kobe Steel Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 496,309.00 450,273.00 573,134.00 700,656.00 710,649.00

Kobe Steel Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 718,389.00 709,749.00 729,973.00 710,649.00 -

Kobe Steel 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.


Kobe Steel  (TSE:5406) 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.

Kobe Steel's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(278844+0.75 * 373148+0.5 * 710649-1792429
-0-70784)/394.957
=-2,403.26

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

Kobe Steel's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=720311/555262*365 / 4
=118.37

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

Kobe Steel's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=555262 / 720311
=0.77

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.

Kobe Steel's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=720311 / 669435
=1.08

* 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.


Kobe Steel Total Inventories Related Terms

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


Kobe Steel Business Description

Traded in Other Exchanges
Address
2-4, Wakinohama-Kaigandori 2-chome, Chuo-ku, Kobe, Hyogo, JPN, 651-8585
Kobe Steel Ltd is a Japan-based company that is primarily engaged in iron and steel, aluminum and copper, construction machinery, nonconstruction machinery, and engineering businesses. Its iron and steel business involves production of steel products, steel casting and forging, and manufacturing of titanium and steel powder. Its aluminum and copper segment manufactures aluminum and copper products. Its construction machinery segment develops and manufactures construction equipment. The nonconstruction machinery segment offers industrial machinery, compressors and equipment for the nuclear and other energy industries. The engineering segment provides solutions to plants, power stations, and water treatment companies. Japan and China account for the majority of the company's revenue.

Kobe Steel Headlines

No Headlines