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


JSE:TON Tongaat Hulett Ltd JSE:TON
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What is Tongaat Hulett Days Inventory?

Tongaat Hulett JSE:TON 11 Days Inventory is 203.22 as of Sep. 2021. GuruFocus rates JSE:TON with a GF Score™ of 11/100.

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: 82.655
* 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  (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

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

* 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

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


Tongaat Hulett Days Inventory Historical Data

* Premium members only.

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.

Tongaat Hulett Days Inventory Chart

Tongaat Hulett Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 264.56 211.37 213.44 181.49 203.22

JSE:TON vs MDLZ, HSY, TR: Days Inventory Comparison

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 Days Inventory vs 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.


JSE:TON
11GF Score
Tongaat Hulett Ltd JSE:TON
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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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

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 203.22 mean?
Tongaat Hulett (JSE:TON) has a Days Inventory of 203.22 as of Sep. 2021. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Tongaat Hulett and its competitors.
Is Tongaat Hulett's Days Inventory too high?
Tongaat Hulett's current Days Inventory is 203.22. The Consumer Packaged Goods industry median Days Inventory is 82.66. Tongaat Hulett's value of 203.22 is 145.9% above this industry median. Overall, Tongaat Hulett has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Tongaat Hulett's Days Inventory compare to MDLZ and HSY?
Tongaat Hulett's Days Inventory of 203.22 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Inventory is 82.66. Tongaat Hulett's value of 203.22 is 145.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Consumer Packaged Goods company?
The median Days Inventory among Consumer Packaged Goods companies is 82.66, based on 1,864 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tongaat Hulett's current Days Inventory of 203.22 is 145.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Tongaat Hulett and its competitors. For the Consumer Packaged Goods industry, the median Days Inventory is 82.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tongaat Hulett's current Days Inventory is 203.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongaat Hulett stock overvalued right now?
Tongaat Hulett (JSE:TON) has a current Days Inventory of 203.22. The current Days Inventory is 203.22 and 145.9% above the Consumer Packaged Goods industry median of 82.66. Tongaat Hulett's overall GF Score™ is 11/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Tongaat Hulett (JSE:TON), the current Days Inventory is 203.22 as of Sep. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tongaat Hulett Business Description

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