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British American Tobacco (JSE:BTI) Total Inventories : R125,065 Mil (As of Jun. 2024)


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What is British American Tobacco Total Inventories?

British American Tobacco's total inventories for the quarter that ended in Jun. 2024 was R125,065 Mil. British American Tobacco's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was R120,766 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. British American Tobacco's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was R-563.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. British American Tobacco's Days Inventory for the six months ended in Jun. 2024 was 434.38.

Inventory Turnover measures how fast the company turns over its inventory within a year. British American Tobacco's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.42.

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. British American Tobacco's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.42.


British American Tobacco Total Inventories Historical Data

The historical data trend for British American Tobacco'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.

British American Tobacco Total Inventories Chart

British American Tobacco Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 115,030.44 119,974.51 111,558.19 119,360.39 116,466.79

British American Tobacco 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 115,920.33 119,360.39 133,343.69 116,466.79 125,064.66

British American Tobacco 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.


British American Tobacco  (JSE:BTI) 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.

British American Tobacco'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)
=(155451.569+0.75 * 85275.619+0.5 * 125064.656-1521690.318
-0-8393.916)/2215.7
=-563.32

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

British American Tobacco'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
=120765.7245/50738.642*365 / 2
=434.38

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

British American Tobacco'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 )
=50738.642 / 120765.7245
=0.42

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.

British American Tobacco'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 )
=120765.7245 / 289332.181
=0.42

* 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.


British American Tobacco Total Inventories Related Terms

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British American Tobacco Business Description

Address
Globe House, 4 Temple Place, London, GBR, WC2R 2PG
The second-largest tobacco company by volume, British American Tobacco sold 555 billion cigarettes in 2023. Its leading brands are Dunhill, Kent, Pall Mall, Lucky Strike, and Rothmans in cigarettes. Its ownership of the Camel, Natural American Spirit, and Newport brands are limited to the us. In next-generation products, the company has the Vuse brand in vaping, Glo in heated tobacco, and Velo in modern oral tobacco. The company also owns a 25.5% stake in ITC limited, the largest Indian cigarette company.