Premier Group (JSE:PMR) Total Inventories : R2,064 Mil (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Premier Group Total Inventories?

Premier Group's total inventories for the quarter that ended in Mar. 2024 was R2,064 Mil. Premier Group's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Mar. 2024 was R2,233 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Premier Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was R-27.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Premier Group's Days Inventory for the six months ended in Mar. 2024 was 33.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. Premier Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 5.50.

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. Premier Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.12.

Premier Group Total Inventories Historical Data

The historical data trend for Premier Group'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.

Premier Group Total Inventories Chart

Premier Group Annual Data

Trend

Mar23

Mar24

Total Inventories

2,402.17

2,064.23

Premier Group Semi-Annual Data
	Mar23	Mar24
Total Inventories	2,402.17	2,064.23

Premier Group 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.

Premier Group (JSE:PMR) 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.

Premier Group'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)
=	(636.006	+	0.75 * 1387.422	+	0.5 * 2064.23	-	6231.043
-	0	-	7.874)	/	128.944
=	-27.38

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

Premier Group's Days Inventory for the six 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
	=	2233.2015	/	12289.261	*	365 / 2
	=	33.16

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

Premier Group'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 )
	=	12289.261	/	2233.2015
	=	5.50

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.

Premier Group'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 )
	=	2233.2015	/	18587.224
	=	0.12

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.

Premier Group Total Inventories Related Terms

Thank you for viewing the detailed overview of Premier Group's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Premier Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Premier Group Ltd (JSE:PMR) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Maxwell Office Park, Building 5, Magwa Crescent West, Isando, ZAF, 1600

Website

https://www.premierfmcg.com

Premier Group Ltd is engaged in the manufacturing and distribution of staple milling and baking products, confectionery and home and personal care (HPC) products. The company is organized into two segments Millbake and Groceries and International. It derives maximum revenue from Millbake segment.

Premier Group Headlines

No Headlines