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ArcelorMittal South Africa (JSE:ACL) Total Inventories : R10,113 Mil (As of Dec. 2024)


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What is ArcelorMittal South Africa Total Inventories?

ArcelorMittal South Africa's total inventories for the quarter that ended in Dec. 2024 was R10,113 Mil. ArcelorMittal South Africa's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Dec. 2024 was R10,424 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. ArcelorMittal South Africa's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was R-12.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ArcelorMittal South Africa's Days Inventory for the six months ended in Dec. 2024 was 166.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. ArcelorMittal South Africa's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.10.

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. ArcelorMittal South Africa's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.58.


ArcelorMittal South Africa Total Inventories Historical Data

The historical data trend for ArcelorMittal South Africa'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.

ArcelorMittal South Africa Total Inventories Chart

ArcelorMittal South Africa Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,348.00 12,175.00 11,973.00 12,441.00 10,113.00

ArcelorMittal South Africa Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 11,973.00 13,094.00 12,441.00 10,735.00 10,113.00

ArcelorMittal South Africa 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.


ArcelorMittal South Africa  (JSE:ACL) 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.

ArcelorMittal South Africa'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)
=(2182+0.75 * 2246+0.5 * 10113-22978
-0-0)/1114.613
=-12.61

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

ArcelorMittal South Africa'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
=10424/11440*365 / 2
=166.29

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

ArcelorMittal South Africa'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 )
=11440 / 10424
=1.10

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.

ArcelorMittal South Africa'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 )
=10424 / 18090
=0.58

* 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.


ArcelorMittal South Africa Total Inventories Related Terms

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ArcelorMittal South Africa Business Description

Traded in Other Exchanges
Address
Delfos Boulevard, Main Building, Vanderbijlpark Works, Vanderbijlpark, GT, ZAF, 1911
ArcelorMittal South Africa Ltd is a South Africa-based steel-producing company. The company's operating segments include Steel operations; Non-steel operations; Corporate and others. It generates the majority of total revenue from the Steel segment. The product range consists of hot-rolled coil, plate, coiled rounds, flats, reinforced bars, rounds, billets and channels, and commercial coke among others. The group operates mainly in South Africa. Export sales are mostly sold in sub-Saharan Africa, Asia, Europe, and America.

ArcelorMittal South Africa Headlines

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