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ArcelorMittal South Africa (JSE:ACL) Inventory-to-Revenue : 0.58 (As of Dec. 2024)


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What is ArcelorMittal South Africa Inventory-to-Revenue?

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. ArcelorMittal South Africa's Average Total Inventories for the quarter that ended in Dec. 2024 was R10,424 Mil. ArcelorMittal South Africa's Revenue for the six months ended in Dec. 2024 was R18,090 Mil. ArcelorMittal South Africa's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.58.

ArcelorMittal South Africa's Inventory-to-Revenue for the quarter that ended in Dec. 2024 increased from Jun. 2024 (0.57) to Jun. 2024 (0.58)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ArcelorMittal South Africa's Days Inventory for the six months ended in Dec. 2024 was 166.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. ArcelorMittal South Africa's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.10.


ArcelorMittal South Africa Inventory-to-Revenue Historical Data

The historical data trend for ArcelorMittal South Africa's Inventory-to-Revenue 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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ArcelorMittal South Africa Inventory-to-Revenue Chart

ArcelorMittal South Africa Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.25 0.30 0.29 0.29

ArcelorMittal South Africa Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Inventory-to-Revenue 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 0.65 0.60 0.62 0.57 0.58

Competitive Comparison of ArcelorMittal South Africa's Inventory-to-Revenue

For the Steel subindustry, ArcelorMittal South Africa's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


ArcelorMittal South Africa's Inventory-to-Revenue Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, ArcelorMittal South Africa's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where ArcelorMittal South Africa's Inventory-to-Revenue falls into.


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ArcelorMittal South Africa Inventory-to-Revenue Calculation

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.

ArcelorMittal South Africa's Inventory-to-Revenue for the fiscal year that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (A: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )
=( (12441 + 10113) / 2 ) / 38596
=11277 / 38596
=0.29

ArcelorMittal South Africa's Inventory-to-Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (Q: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Revenue (Q: Dec. 2024 )
=( (10735 + 10113) / 2 ) / 18090
=10424 / 18090
=0.58

* 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.


ArcelorMittal South Africa  (JSE:ACL) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

ArcelorMittal South Africa's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=10424/11440*365 / 2
=166.29

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

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

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=11440 / 10424
=1.10

* 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.


ArcelorMittal South Africa Inventory-to-Revenue Related Terms

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ArcelorMittal South Africa Business Description

Traded in Other Exchanges
Address
Delfos Boulevard, Main Building, Vanderbijlpark Works, Vanderbijlpark, GT, ZAF, 1911
ArcelorMittal South Africa Ltd is a South Africa-based steel-producing company. The company's operating segments include Steel operations; Non-steel operations; Corporate and others. It generates the majority of total revenue from the Steel segment. The product range consists of hot-rolled coil, plate, coiled rounds, flats, reinforced bars, rounds, billets and channels, and commercial coke among others. The group operates mainly in South Africa. Export sales are mostly sold in sub-Saharan Africa, Asia, Europe, and America.

ArcelorMittal South Africa Headlines

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