South Ocean Holdings (JSE:SOH) Change In Inventory : R0 Mil (TTM As of Dec. 2023)

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What is South Ocean Holdings Change In Inventory?

South Ocean Holdings's change in inventory for the quarter that ended in Dec. 2023 was R0 Mil. It means South Ocean Holdings's inventory stayed the same from Jun. 2023 to Dec. 2023 .

South Ocean Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was R-85 Mil. It means South Ocean Holdings's inventory increased by R85 Mil from Dec. 2022 to Dec. 2023 .

South Ocean Holdings's Total Inventories for the quarter that ended in Dec. 2023 was R380 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. South Ocean Holdings's Days Inventory for the quarter that ended in Dec. 2023 was 74.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. South Ocean Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.45.

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. South Ocean Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.36.

South Ocean Holdings Change In Inventory Historical Data

The historical data trend for South Ocean Holdings'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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South Ocean Holdings Change In Inventory Chart

South Ocean Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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5.31

-6.65

-27.16

-85.85

-85.05

South Ocean Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

South Ocean Holdings 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R0 Mil.

South Ocean Holdings (JSE:SOH) Change In Inventory Explanation

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

South Ocean Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	408.89	/	1001.172	*	365 / 2
	=	74.54

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

South Ocean Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1001.172	/	408.89
	=	2.45

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.

South Ocean Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	408.89	/	1125.183
	=	0.36

South Ocean Holdings Change In Inventory Related Terms

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South Ocean Holdings (JSE:SOH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » South Ocean Holdings Ltd (JSE:SOH) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

16 Botha Street, Alrode, ZAF, 1451

Website

https://southoceanholdings.co.za

South Ocean Holdings Ltd is an investment holding company. The Company through its subsidiaries manufactures electrical wires, imports and distributes electrical accessories, general-purpose insulated wire, a range of flexible conductors, steel wire armored cables, flat-twin and earth cables, aluminum conductor steel reinforced (ACSR) cables, aerial bundle conductors (ABC) and surface wire investment company and light fittings assembly. The operating segments of the company include Electrical cable manufacturing and Property investments. The company earns maximum revenue by selling Copper cables The group operates in South Africa.

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