BP Castrol KK (BP Castrol KK) Total Inventories : $7.02 Mil (As of Mar. 2024)

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What is BP Castrol KK Total Inventories?

BP Castrol KK's total inventories for the quarter that ended in Mar. 2024 was $7.02 Mil. BP Castrol KK's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $6.78 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. BP Castrol KK's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BP Castrol KK's Days Inventory for the three months ended in Mar. 2024 was 54.71.

Inventory Turnover measures how fast the company turns over its inventory within a year. BP Castrol KK's Inventory Turnover for the quarter that ended in Mar. 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. BP Castrol KK's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.36.

BP Castrol KK Total Inventories Historical Data

The historical data trend for BP Castrol KK'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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BP Castrol KK Total Inventories Chart

BP Castrol KK Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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6.54

6.28

5.10

5.71

6.53

BP Castrol KK Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial															6.51	7.96	7.48	6.53	7.02

BP Castrol KK 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.

BP Castrol KK (OTCPK:BPKKF) 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.

BP Castrol KK's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1.96	+	0.75 * 15.14	+	0.5 * 7.016	-	18.803
-	0	-	0)	/	22.9577
=	-0.09

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

BP Castrol KK's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	6.775	/	11.299	*	365 / 4
	=	54.71

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

BP Castrol KK's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	11.299	/	6.775
	=	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.

BP Castrol KK's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	6.775	/	18.783
	=	0.36

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.

BP Castrol KK Total Inventories Related Terms

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BP Castrol KK (BP Castrol KK) Business Description

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5015:Japan

Address

1-11-2 Osaki Shinagawa-ku, Gate City Osaki, East Tower 20F, Tokyo, JPN, 141-0032

Website

http://www.bpcastrol.com

BP Castrol KK engages in the development, manufacture, import, and sale of automotive lubricating oil in Japan. The company sells its product under the brand name BP brand and the Castrol brand. The BP brand is divided into Vervis, Vervis sport, and mini. The Castrol brand is the top brand of lubricant. Both the brands are used for the consumer business and professional business.

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