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Pick N Pay Stores (JSE:PIK) Total Inventories : R10,550 Mil (As of Aug. 2024)


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What is Pick N Pay Stores Total Inventories?

Pick N Pay Stores's total inventories for the quarter that ended in Aug. 2024 was R10,550 Mil. Pick N Pay Stores's average total inventories from the quarter that ended in Feb. 2024 to the quarter that ended in Aug. 2024 was R10,368 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Pick N Pay Stores's Net-Net Working Capital per share for the quarter that ended in Aug. 2024 was R-40.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pick N Pay Stores's Days Inventory for the six months ended in Aug. 2024 was 41.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pick N Pay Stores's Inventory Turnover for the quarter that ended in Aug. 2024 was 4.44.

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. Pick N Pay Stores's Inventory-to-Revenue for the quarter that ended in Aug. 2024 was 0.18.


Pick N Pay Stores Total Inventories Historical Data

The historical data trend for Pick N Pay Stores'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.

Pick N Pay Stores Total Inventories Chart

Pick N Pay Stores Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,519.80 7,193.30 8,277.30 10,647.00 10,186.60

Pick N Pay Stores Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 8,899.90 10,647.00 10,006.30 10,186.60 10,550.20

Pick N Pay Stores 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.


Pick N Pay Stores  (JSE:PIK) 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.

Pick N Pay Stores's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2024 is

Net-Net Working Capital Per Share (Q: Aug. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4951.4+0.75 * 4224.4+0.5 * 10550.2-43130.4
-0-0)/735.712
=-40.42

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

Pick N Pay Stores's Days Inventory for the six months ended in Aug. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Aug. 2024 )/Cost of Goods Sold (Q: Aug. 2024 )*Days in Period
=10368.4/46043.4*365 / 2
=41.10

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

Pick N Pay Stores's Inventory Turnover for the quarter that ended in Aug. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Aug. 2024 ) / Average Total Inventories (Q: Aug. 2024 )
=46043.4 / 10368.4
=4.44

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.

Pick N Pay Stores's Inventory to Revenue for the quarter that ended in Aug. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Aug. 2024 ) / Revenue (Q: Aug. 2024 )
=10368.4 / 56051.8
=0.18

* 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.


Pick N Pay Stores Total Inventories Related Terms

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Pick N Pay Stores Business Description

Traded in Other Exchanges
Address
101 Rosmead Avenue, Pick n Pay Office Park, Kenilworth, Cape Town, WC, ZAF, 7708
Pick N Pay Stores Ltd is a South African multiformat and multichannel retailer. The company operates in South Africa, Namibia, Botswana, Zambia, Mauritius, Swaziland, and Lesotho. The company offers food and groceries, clothing, general merchandise, and services across multiple store formats, both franchised and owned. The customer base is mainly represented by middle-income South African consumer. The portfolio of stores is composed of supermarkets, hypermarkets, local shops, express shops, clothing shops, liquor stores, and others.