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Aurizon Holdings (ASX:AZJ) Total Inventories : A$240 Mil (As of Dec. 2023)


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What is Aurizon Holdings Total Inventories?

Aurizon Holdings's total inventories for the quarter that ended in Dec. 2023 was A$240 Mil. Aurizon Holdings's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was A$238 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Aurizon Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was A$-3.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aurizon Holdings's Days Inventory for the six months ended in Dec. 2023 was 74.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aurizon Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.43.

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. Aurizon Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.12.


Aurizon Holdings Total Inventories Historical Data

The historical data trend for Aurizon Holdings'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.

Aurizon Holdings Total Inventories Chart

Aurizon Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 117.20 145.80 150.40 186.20 235.00

Aurizon Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 159.30 186.20 225.00 235.00 240.00

Aurizon Holdings 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.


Aurizon Holdings  (ASX:AZJ) 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.

Aurizon Holdings'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)
=(42+0.75 * 686+0.5 * 240-7321
-0-0)/1840.7
=-3.61

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

Aurizon Holdings's Days Inventory for the six 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
=237.5/578*365 / 2
=74.99

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

Aurizon Holdings'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 )
=578 / 237.5
=2.43

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.

Aurizon Holdings'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 )
=237.5 / 1934
=0.12

* 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.


Aurizon Holdings Total Inventories Related Terms

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Aurizon Holdings (ASX:AZJ) Business Description

Traded in Other Exchanges
Address
900 Ann Street, Level 8, Fortitude Valley, Brisbane, QLD, AUS, 4006
Aurizon operates rail haulage of coal, iron ore, and freight, and owns a regulated rail network in Queensland. Coal haulage from mine to port contributes close to 40% of earnings. The non-coal bulk segment contributes about 10% of earnings and undertakes the rail haulage of agricultural, mining, and industrial products. The rail network, composed of 2,670 kilometres of coal rail network under a 99-year lease from the Queensland government, contributes around half of earnings.

Aurizon Holdings (ASX:AZJ) Headlines

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