Tongaat Hulett (JSE:TON) Days Inventory : 203.22 (As of Sep. 2021)

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What is Tongaat Hulett Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tongaat Hulett's Average Total Inventories for the six months ended in Sep. 2021 was R6,253 Mil. Tongaat Hulett's Cost of Goods Sold for the six months ended in Sep. 2021 was R5,615 Mil. Hence, Tongaat Hulett's Days Inventory for the six months ended in Sep. 2021 was 203.22.

The historical rank and industry rank for Tongaat Hulett's Days Inventory or its related term are showing as below:

JSE:TON's Days Inventory is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 82.22
* Ranked among companies with meaningful Days Inventory only.

Tongaat Hulett's Days Inventory declined from Sep. 2020 (213.44) to Sep. 2021 (203.22).

Inventory Turnover measures how fast the company turns over its inventory within a year. Tongaat Hulett's Inventory Turnover for the six months ended in Sep. 2021 was 0.90.

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. Tongaat Hulett's Inventory-to-Revenue for the six months ended in Sep. 2021 was 0.74.

Tongaat Hulett Days Inventory Historical Data

The historical data trend for Tongaat Hulett's Days 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.

* Premium members only.

Tongaat Hulett Days Inventory Chart

Tongaat Hulett Annual Data

Trend

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Days Inventory

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102.20

119.23

189.55

235.33

184.28

Tongaat Hulett Semi-Annual Data
	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21
Days Inventory	Get a 7-Day Free Trial															264.56	211.37	213.44	181.49	203.22

Competitive Comparison of Tongaat Hulett's Days Inventory

For the Confectioners subindustry, Tongaat Hulett's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tongaat Hulett's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tongaat Hulett's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tongaat Hulett's Days Inventory falls into.

Tongaat Hulett Days Inventory Calculation

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

Tongaat Hulett's Days Inventory for the fiscal year that ended in Mar. 2021 is calculated as

	Days Inventory (A: Mar. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2020 )	+	Total Inventories (A: Mar. 2021 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2021 )	*	Days in Period
=	( (5853	+	4900)	/	2 )	/	10649	*	365
=	5376.5					/	10649	*	365
=	184.28

Tongaat Hulett's Days Inventory for the quarter that ended in Sep. 2021 is calculated as:

	Days Inventory (Q: Sep. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2021 )	+	Total Inventories (Q: Sep. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2021 )	*	Days in Period
=	( (4900	+	7605)	/	2 )	/	5615	*	365 / 2
=	6252.5					/	5615	*	365 / 2
=	203.22

Tongaat Hulett (JSE:TON) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Tongaat Hulett's Inventory Turnover for the six months ended in Sep. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5615	/	6252.5
	=	0.90

2. 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.

Tongaat Hulett's Inventory to Revenue for the six months ended in Sep. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6252.5	/	8418
	=	0.74

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Tongaat Hulett Days Inventory Related Terms

Thank you for viewing the detailed overview of Tongaat Hulett's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Tongaat Hulett (JSE:TON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tongaat Hulett Ltd (JSE:TON) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Amanzimnyama Hill Road, P O Box 3, Tongaat, NL, ZAF, 4400

Website

https://www.tongaat.com

Tongaat Hulett Ltd produces sugar and glucose in Africa. It procures its raw materials both from land it owns and from private farmers. Tongaat sells its products to customers in the foodservice industry and to consumers as branded products. Raw sugar sales make up most of the company's revenue. Its biggest markets are South Africa, Zimbabwe, and Mozambique. The company also earns revenue by converting and developing land that it owns and has used for agricultural purposes. Additionally, the by-products from its manufacturing processes create renewable energy, which the company uses to supply electricity to the grid in some instances.

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