Grindrod (JSE:GNDP.PFD) Change In Inventory : R0.00 Mil (TTM As of Dec. 2024)

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What is Grindrod Change In Inventory?

Grindrod's change in inventory for the quarter that ended in Dec. 2024 was R0.00 Mil. It means Grindrod's inventory stayed the same from Jun. 2024 to Dec. 2024 .

Grindrod's change in inventory for the fiscal year that ended in Dec. 2024 was R-4.10 Mil. It means Grindrod's inventory increased by R4.10 Mil from Dec. 2023 to Dec. 2024 .

Grindrod's Total Inventories for the quarter that ended in Dec. 2024 was R104.86 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Grindrod's Days Inventory for the quarter that ended in Dec. 2024 was 5.52.

Inventory Turnover measures how fast the company turns over its inventory within a year. Grindrod's Inventory Turnover for the quarter that ended in Dec. 2024 was 33.07.

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. Grindrod's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.03.

Grindrod Change In Inventory Historical Data

The historical data trend for Grindrod's Change In Inventory 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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Grindrod Change In Inventory Chart

Grindrod Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

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18.46

10.60

-13.68

-82.08

-4.10

Grindrod Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Grindrod Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R0.00 Mil.

Grindrod (JSE:GNDP.PFD) Change In Inventory Explanation

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

Grindrod's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	81.5265	/	2695.976	*	365 / 2
	=	5.52

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

Grindrod's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2695.976	/	81.5265
	=	33.07

3. 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.

Grindrod's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	81.5265	/	2496.138
	=	0.03

Grindrod Change In Inventory Related Terms

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Grindrod Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Grindrod Ltd (JSE:GNDP.PFD) » Definitions » Change In Inventory

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Traded in Other Exchanges

GND:South Africa GRDLY:USA

Address

106 Margaret Mncadi Avenue, Grindrod Mews, Durban, NL, ZAF, 4001

Website

https://www.grindrod.com

Grindrod Ltd is a logistics company. Its solutions include terminal operations, port management, and logistics solutions, including rail logistics, container logistics, intermodal solutions, warehouse management, road transportation, maritime transport, ships agency, clearing and forwarding, customs management, and project logistics. Its operations consist of Ports and Terminals which provide dry-bulk commodities handling services along key trade corridors in South Africa, Mozambique, and Namibia. The Logistics segment operates a ships agency, clearing and forwarding, and rail services as well as container handling landside operations.

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