GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » RLF AgTech Ltd (ASX:RLF) » Definitions » Total Inventories

RLF AgTech (ASX:RLF) Total Inventories : A$4.32 Mil (As of Dec. 2024)


View and export this data going back to 2022. Start your Free Trial

What is RLF AgTech Total Inventories?

RLF AgTech's total inventories for the quarter that ended in Dec. 2024 was A$4.32 Mil. RLF AgTech's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Dec. 2024 was A$5.60 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. RLF AgTech's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was A$-0.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. RLF AgTech's Days Inventory for the six months ended in Dec. 2024 was 109.03.

Inventory Turnover measures how fast the company turns over its inventory within a year. RLF AgTech's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.67.

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. RLF AgTech's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.41.


RLF AgTech Total Inventories Historical Data

The historical data trend for RLF AgTech'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.

RLF AgTech Total Inventories Chart

RLF AgTech Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Total Inventories
2.51 2.21 3.22 6.87

RLF AgTech Semi-Annual Data
Jun21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Total Inventories Get a 7-Day Free Trial 4.73 3.22 3.91 6.87 4.32

RLF AgTech 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.


RLF AgTech  (ASX:RLF) 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.

RLF AgTech'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)
=(5.409+0.75 * 1.713+0.5 * 4.324-19.383
-0-0)/268.613
=-0.04

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

RLF AgTech'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
=5.599/9.372*365 / 2
=109.03

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

RLF AgTech'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 )
=9.372 / 5.599
=1.67

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.

RLF AgTech'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 )
=5.599 / 13.615
=0.41

* 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.


RLF AgTech Total Inventories Related Terms

Thank you for viewing the detailed overview of RLF AgTech's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


RLF AgTech Business Description

Traded in Other Exchanges
N/A
Address
65 Kurnall Road, Suite A, Welshpool, Perth, WA, AUS, 6106
RLF AgTech Ltd is engaged in the formulation, manufacture, and sale of liquid fertilizers and seed treatments. Its offerings include Seed Primers, Soil & Fertigation, and Foliar. The company's operating segments are classified by the geographical areas where products and services are sold together with its support functions and include China which derives key revenue, Australia, and SE Asia.

RLF AgTech Headlines

No Headlines