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Hudaco Industries (JSE:HDC) Total Inventories : R2,693 Mil (As of Nov. 2023)


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What is Hudaco Industries Total Inventories?

Hudaco Industries's total inventories for the quarter that ended in Nov. 2023 was R2,693 Mil. Hudaco Industries's average total inventories from the quarter that ended in May. 2023 to the quarter that ended in Nov. 2023 was R2,679 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hudaco Industries's Net-Net Working Capital per share for the quarter that ended in Nov. 2023 was R-28.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hudaco Industries's Days Inventory for the six months ended in Nov. 2023 was 166.15.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hudaco Industries's Inventory Turnover for the quarter that ended in Nov. 2023 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. Hudaco Industries's Inventory-to-Revenue for the quarter that ended in Nov. 2023 was 0.58.


Hudaco Industries Total Inventories Historical Data

The historical data trend for Hudaco Industries'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.

Hudaco Industries Total Inventories Chart

Hudaco Industries Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,720.14 1,598.50 2,004.11 2,355.41 2,693.35

Hudaco Industries Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 2,004.11 2,290.00 2,355.41 2,665.00 2,693.35

Hudaco Industries 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.


Hudaco Industries  (JSE:HDC) 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.

Hudaco Industries's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2023 is

Net-Net Working Capital Per Share (Q: Nov. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(244.988+0.75 * 1291.711+0.5 * 2693.35-3175.323
-0-196.305)/28.3881
=-28.57

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

Hudaco Industries's Days Inventory for the six months ended in Nov. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Nov. 2023 )/Cost of Goods Sold (Q: Nov. 2023 )*Days in Period
=2679.175/2942.784*365 / 2
=166.15

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

Hudaco Industries's Inventory Turnover for the quarter that ended in Nov. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Nov. 2023 ) / Average Total Inventories (Q: Nov. 2023 )
=2942.784 / 2679.175
=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.

Hudaco Industries's Inventory to Revenue for the quarter that ended in Nov. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Nov. 2023 ) / Revenue (Q: Nov. 2023 )
=2679.175 / 4646.563
=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.


Hudaco Industries Total Inventories Related Terms

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Hudaco Industries (JSE:HDC) Business Description

Traded in Other Exchanges
N/A
Address
Emerald Boulevard, Greenstone Hill, Building 9, 1st Floor, Greenstone Hill Office Park, Edenvale, GT, ZAF, 1609
Hudaco Industries Ltd is engaged in importing and distributing branded automotive, industrial and electrical consumable products. The company operates in two business segment such as Consumer-related product segment which includes power tools, security equipment, communication equipment, automotive and batteries, and Engineering consumables segment which consist of bearings, diesel engines and spares, and power transmission. It generates maximum revenue from Consumer-related product segment. Geographically, it derives a majority of revenue from South Africa.

Hudaco Industries (JSE:HDC) Headlines

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