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Rainbow Chicken (JSE:RBO) Total Inventories : R2,010 Mil (As of Dec. 2024)


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What is Rainbow Chicken Total Inventories?

Rainbow Chicken's total inventories for the quarter that ended in Dec. 2024 was R2,010 Mil. Rainbow Chicken's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Dec. 2024 was R1,991 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Rainbow Chicken's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was R0.45.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Rainbow Chicken's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.00.

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. Rainbow Chicken's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.25.


Rainbow Chicken Total Inventories Historical Data

The historical data trend for Rainbow Chicken'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.

Rainbow Chicken Total Inventories Chart

Rainbow Chicken Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Total Inventories
900.46 875.32 2,117.16 1,972.32

Rainbow Chicken Semi-Annual Data
Jun21 Jun22 Jun23 Dec23 Jun24 Dec24
Total Inventories Get a 7-Day Free Trial 875.32 2,117.16 1,017.85 1,972.32 2,010.25

Rainbow Chicken 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.


Rainbow Chicken  (JSE:RBO) 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.

Rainbow Chicken'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)
=(970.838+0.75 * 2735.9+0.5 * 2010.252-3610.197
-0-15.349)/892.420
=0.45

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

Rainbow Chicken'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
=1991.284/0*365 / 2
=

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

Rainbow Chicken'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 )
=0 / 1991.284
=0.00

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.

Rainbow Chicken'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 )
=1991.284 / 7894.686
=0.25

* 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.


Rainbow Chicken Total Inventories Related Terms

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Rainbow Chicken Business Description

Traded in Other Exchanges
N/A
Address
1 Stanley Methven Road, Hammarsdale, Durban, NL, ZAF, 3701
Rainbow Chicken Ltd is a fully integrated broiler producing company involved in all stages of chicken production from farm to fork. It is a trusted South African heritage brand that consumers have come to rely on for quality chicken products. Its diverse product offering includes the following product sets: Fresh Chicken, Standard Chicken, Frozen Specialized Chicken, Chilled process meat. It segments includes Chicken, Animal Feed (consisting of Epol and Driehoek), Waste-to-Value (consisting of Matzonox and Matzonox Fertilisers), Group (other immaterial segments). Maximum of revenue is from Chicken Segment.

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