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Collins Foods (ASX:CKF) Total Inventories : A$10 Mil (As of Oct. 2024)


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What is Collins Foods Total Inventories?

Collins Foods's total inventories for the quarter that ended in Oct. 2024 was A$10 Mil. Collins Foods's average total inventories from the quarter that ended in Apr. 2024 to the quarter that ended in Oct. 2024 was A$10 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Collins Foods's Net-Net Working Capital per share for the quarter that ended in Oct. 2024 was A$-7.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Collins Foods's Days Inventory for the six months ended in Oct. 2024 was 5.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Collins Foods's Inventory Turnover for the quarter that ended in Oct. 2024 was 36.12.

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. Collins Foods's Inventory-to-Revenue for the quarter that ended in Oct. 2024 was 0.01.


Collins Foods Total Inventories Historical Data

The historical data trend for Collins Foods's Total Inventories 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.

Collins Foods Total Inventories Chart

Collins Foods Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.85 7.17 7.93 8.32 9.46

Collins Foods Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
Total Inventories 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 8.59 8.32 8.25 9.46 9.73

Collins Foods Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Collins Foods  (ASX:CKF) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Collins Foods's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2024 is

Net-Net Working Capital Per Share (Q: Oct. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(88.575+0.75 * 4.573+0.5 * 9.733-989.065
-0-0)/117.814
=-7.57

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

Collins Foods's Days Inventory for the six months ended in Oct. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Oct. 2024 )/Cost of Goods Sold (Q: Oct. 2024 )*Days in Period
=9.5985/346.72*365 / 2
=5.05

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

Collins Foods's Inventory Turnover for the quarter that ended in Oct. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Oct. 2024 ) / Average Total Inventories (Q: Oct. 2024 )
=346.72 / 9.5985
=36.12

4. 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.

Collins Foods's Inventory to Revenue for the quarter that ended in Oct. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Oct. 2024 ) / Revenue (Q: Oct. 2024 )
=9.5985 / 706.453
=0.01

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Collins Foods Total Inventories Related Terms

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Collins Foods Business Description

Traded in Other Exchanges
N/A
Address
485 Kingsford Smith Drive, Level 3, KSD1, Hamilton, QLD, AUS, 4007
Collins Foods is an operator of quick service restaurants, or QSRs. It franchises restaurant brands from US-listed Yum Brands, including KFC in Australia, Germany, and the Netherlands, as well as Taco Bell in Australia. Revenue and earnings are largely generated in Australia, where Collins is the largest KFC franchisee, ahead of Restaurant Brands New Zealand.In the Netherlands, Collins has signed a corporate franchise agreement, giving it more control over development and oversight of the Dutch franchisee network. Earnings growth is underpinned by its store network expansion, both new restaurants and acquisitions of existing sites. Competitive pricing is key to maintaining share in the QSR market, and the company has generally increased at or below consumer price index growth.

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