Southern Palladium (ASX:SPD) Total Inventories : A$0.00 Mil (As of Dec. 2023)

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

What is Southern Palladium Total Inventories?

Southern Palladium's total inventories for the quarter that ended in Dec. 2023 was A$0.00 Mil. Southern Palladium's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was A$0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Southern Palladium's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was A$0.09.

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

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

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.

Southern Palladium Total Inventories Historical Data

The historical data trend for Southern Palladium'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.

Southern Palladium Total Inventories Chart

Southern Palladium Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Total Inventories

Southern Palladium Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24
Total Inventories	-	-	-	-	-

Southern Palladium 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.

Southern Palladium (ASX:SPD) 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.

Southern Palladium's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(8.343	+	0.75 * 0.004	+	0.5 * 0	-	0.086
-	0	-	0)	/	89.75
=	0.09

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

Southern Palladium's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0	/	0	*	365 / 2
	=

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

Southern Palladium's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	0	/	0
	=	N/A

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.

Southern Palladium's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0	/	0
	=

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.

Southern Palladium Total Inventories Related Terms

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

Southern Palladium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Southern Palladium Ltd (ASX:SPD) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

SDL:South Africa

Address

283 George Street, Level 1, Sydney, NSW, AUS, 2000

Website

https://www.southernpalladium.com

Southern Palladium Ltd is engaged in stage platinum group minerals (PGM) exploration and development through its acquisition in the Bengwenyama palladium/rhodium-dominated PGM project located on the Eastern Limb of the Bushveld, South Africa.

Southern Palladium Headlines

From GuruFocus

Atlas Financial Advisors, Inc. Buys 2, Sells 3 in 4th Quarter

By GuruFocus Research GuruFocus Editor • 01-25-2023