BlueScope Steel (BlueScope Steel) Total Inventories : $2,022 Mil (As of Dec. 2023)

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What is BlueScope Steel Total Inventories?

BlueScope Steel's total inventories for the quarter that ended in Dec. 2023 was $2,022 Mil. BlueScope Steel's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was $2,090 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. BlueScope Steel's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-1.36.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BlueScope Steel's Days Inventory for the six months ended in Dec. 2023 was 108.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. BlueScope Steel's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.68.

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. BlueScope Steel's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.37.

BlueScope Steel Total Inventories Historical Data

The historical data trend for BlueScope 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.

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BlueScope Steel Total Inventories Chart

BlueScope Steel Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Inventories

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1,428.40

1,326.16

1,772.32

2,599.44

2,157.32

BlueScope Steel 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															2,356.15	2,599.44	2,158.23	2,157.32	2,022.29

BlueScope 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.

BlueScope Steel (OTCPK:BLSFF) 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.

BlueScope Steel'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)
=	(895.448	+	0.75 * 961.111	+	0.5 * 2022.289	-	2817.537
-	0	-	414.525)	/	445.905
=	-1.36

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

BlueScope Steel'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
	=	2089.802	/	3501.807	*	365 / 2
	=	108.91

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

BlueScope Steel'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 )
	=	3501.807	/	2089.802
	=	1.68

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.

BlueScope Steel'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 )
	=	2089.802	/	5715.395
	=	0.37

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.

BlueScope Steel Total Inventories Related Terms

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BlueScope Steel (BlueScope Steel) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » BlueScope Steel Ltd (OTCPK:BLSFF) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

BLSFY:USA BH5:Germany BSL:Australia

Address

181 William Street, Level 24, Melbourne, VIC, AUS, 3000

Website

https://www.bluescope.com

BlueScope is an Australian-based steelmaking firm with five business units. The Australian Steel Products segment mainly specializes in branded coated and painted flat steel products, sold domestically. North Star is the group's U.S. mini-mill specializing in the production of hot rolled coil for U.S. construction and automotive sectors. Building Products Asia and North America operate across Southeast Asia, China, India, and the U.S. West Coast involved in metal-coating, painting, and roll-forming. New Zealand Steel and the Pacific Islands business produces flat and long steel products for New Zealand and building components for the Pacific Islands. The Buildings North America segment specializes in non-residential buildings, including materials manufacturing and support services.

BlueScope Steel (BlueScope Steel) Headlines

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