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Regis Resources (ASX:RRL) Total Inventories : A$167 Mil (As of Jun. 2024)


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What is Regis Resources Total Inventories?

Regis Resources's total inventories for the quarter that ended in Jun. 2024 was A$167 Mil. Regis Resources's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was A$174 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Regis Resources's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was A$-0.55.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Regis Resources's Days Inventory for the six months ended in Jun. 2024 was 69.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. Regis Resources's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.61.

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. Regis Resources's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.24.


Regis Resources Total Inventories Historical Data

The historical data trend for Regis Resources'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.

Regis Resources Total Inventories Chart

Regis Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.43 161.48 141.03 205.63 166.58

Regis Resources Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 141.03 190.50 205.63 181.55 166.58

Regis Resources 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.


Regis Resources  (ASX:RRL) 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.

Regis Resources's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

Net-Net Working Capital Per Share (Q: Jun. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(277.936+0.75 * 0+0.5 * 166.577-773.976
-0-0)/755.339
=-0.55

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

Regis Resources's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=174.065/454.43*365 / 2
=69.90

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

Regis Resources's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=454.43 / 174.065
=2.61

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.

Regis Resources's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=174.065 / 712.756
=0.24

* 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.


Regis Resources Total Inventories Related Terms

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Regis Resources Business Description

Traded in Other Exchanges
Address
516 Hay Street, Level 2, Subiaco, Perth, WA, AUS, 6008
Regis Resources Ltd is one of Australia's gold companies, producing around 437,309 ounces annually. Cash costs are below the industry average. Operating mines are located in Western Australia, which brings relatively low sovereign risk. Management has a sound operating track record and an appropriate bias towards balance sheets and dividends; however, the gold price and new investments will be the primary arbiters of long-term returns. Development of the McPhillamys deposit in New South Wales, if approved, should add approximately two hundred thousand ounces of gold production a year in the medium term. The Company has three reportable segments: the Duketon North Operations, Duketon South Operations, and Tropicana Gold Project.

Regis Resources Headlines

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