Bunge Global (Bunge Global) Total Inventories

: $7,105 Mil (As of Dec. 2023)

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Bunge Global's total inventories for the quarter that ended in Dec. 2023 was $7,105 Mil. Bunge Global's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $7,327 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Bunge Global's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-42.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bunge Global's Days Inventory for the three months ended in Dec. 2023 was 48.86.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bunge Global's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.87.

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. Bunge Global's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.49.

Bunge Global Total Inventories Historical Data

The historical data trend for Bunge Global'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.

Bunge Global Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

5,038.00

7,172.00

8,431.00

8,408.00

7,105.00

Bunge Global Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories																8,408.00	8,952.00	8,806.00	7,548.00	7,105.00

Bunge Global 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.

Bunge Global (NYSE:BG) 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.

Bunge Global'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)
=	(2707	+	0.75 * 2592	+	0.5 * 7105	-	13557
-	1	-	964)	/	149.908
=	-42.15

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

Bunge Global'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
	=	7326.5	/	13682	*	365 / 4
	=	48.86

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

Bunge Global'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 )
	=	13682	/	7326.5
	=	1.87

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.

Bunge Global'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 )
	=	7326.5	/	14936
	=	0.49

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.

Bunge Global Total Inventories Related Terms

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Bunge Global (Bunge Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bunge Global SA (NYSE:BG) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

Q23:Germany BG:Argentina

Address

1391 Timberlake Manor Parkway, Chesterfield, MO, USA, 63017

Website

https://www.bunge.com

Bunge Global SA formerly Bunge Ltd is a global agribusiness and food company with operations along the farm-to-consumer food chain. The company segments include Agribusiness; Refined and Specialty Oils; Milling; Sugar and Bioenergy and Corporate and Other. It generates maximum revenue from the Agribusiness segment. The company is a leading oilseed processor and seller of packaged vegetable oils and other food and ingredients products.

Executives

Christos Dimopoulos	officer: Pres., Global Supply Chains	C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Monica Houle Mcgurk	director	C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Kellie Sears	officer: Chief Human Resources Officer	C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Lustosa De Andrade Eliane Aleixo	director	C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Julio Garros	officer: Pres, Ag Develop, Ops & Mill	C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Simmons Jerry Matthews Jr	officer: See Remarks	C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Paul J Fribourg	director	667 MADISON AVE, NEW YORK NY 10021
Continental Grain Co	director	767 FIFTH AVENUE, NEW YORK NY 10153
Michael Kobori	director	C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Deborah Borg	officer: EVP & Chief HR, Comms Officer	BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Kenneth Simril	director	1811 AKSARBEN DRIVE, OMAHA NE 68106
Gregory A Heckman	director, officer: Chief Executive Officer	C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Bernardo Hees	director	C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Raul Padilla	officer: CEO, Bunge Global Agribusiness	C/O BUNGE LTD, 50 MAIN STREET, WHITE PLAINS NY 10606
Vinita Bali	director	C/O BUNGE LIMITED, 50 MAIN STREET, 6TH FLOOR, WHITE PLAINS NY 10606