Close The Loop (ASX:CLG) Total Inventories : A$30.9 Mil (As of Dec. 2024)

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What is Close The Loop Total Inventories?

Close The Loop's total inventories for the quarter that ended in Dec. 2024 was A$30.9 Mil. Close The Loop's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Dec. 2024 was A$25.4 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Close The Loop's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was A$-0.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Close The Loop's Days Inventory for the six months ended in Dec. 2024 was 68.86.

Inventory Turnover measures how fast the company turns over its inventory within a year. Close The Loop's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.65.

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. Close The Loop's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.26.

Close The Loop Total Inventories Historical Data

The historical data trend for Close The Loop'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.

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Close The Loop Total Inventories Chart

Close The Loop Annual Data

Trend

Jun22

Jun23

Jun24

Total Inventories

5.42

15.88

19.95

Close The Loop Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Inventories	Get a 7-Day Free Trial			7.29	15.88	19.72	19.95	30.91

Close The Loop 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.

Close The Loop (ASX:CLG) 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.

Close The Loop's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

	Net-Net Working Capital Per Share (Q: Dec. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(37.795	+	0.75 * 30.926	+	0.5 * 30.906	-	158.976
-	0	-	0.77)	/	531.850
=	-0.16

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

Close The Loop'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
	=	25.426	/	67.386	*	365 / 2
	=	68.86

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

Close The Loop'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 )
	=	67.386	/	25.426
	=	2.65

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.

Close The Loop's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	25.426	/	99.403
	=	0.26

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.

Close The Loop Total Inventories Related Terms

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Close The Loop Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Close The Loop Ltd (ASX:CLG) » Definitions » Total Inventories

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Traded in Other Exchanges

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Address

43-47 Cleeland Road, Oakleigh South, Melbourne, VIC, AUS, 3167

Website

https://www.ctlgroup.com.au

Close The Loop Ltd provides reuse, recycling, and sustainability solutions. The company has developed a battery collection and recycling solution in Australia. The group has two operating segments based on differences in products and services provided: resource recovery and packaging.

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