Associated British Foods (LSE:ABF) Total Inventories : £3,248 Mil (As of Feb. 2024)

Associated British Foods Total Inventories Chart

Associated British Foods Annual Data
	Trend	Aug14	Aug15	Aug16	Aug17	Aug18	Aug19	Aug20	Aug21	Aug22	Aug23
Total Inventories		Get a 7-Day Free Trial					2,470.00	2,222.00	2,236.00	3,364.00	3,306.00

Associated British Foods Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Total Inventories	Get a 7-Day Free Trial															2,640.00	3,364.00	3,730.00	3,306.00	3,248.00

Associated British Foods 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.

Associated British Foods  (LSE:ABF) 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.

Associated British Foods's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2024 is

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

Associated British Foods's Days Inventory for the six months ended in Feb. 2024 is calculated as:

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

Associated British Foods's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

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.

Associated British Foods's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

* 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.

Associated British Foods Total Inventories Related Terms

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Associated British Foods (LSE:ABF) Business Description