Sail Mining Group (JSE:SGP) Total Inventories: R131 Mil (As of Aug. 2021)


What is Sail Mining Group Total Inventories?

Sail Mining Group JSE:SGP Total Inventories is R131 Mil as of Aug. 2021.

Sail Mining Group's total inventories for the quarter that ended in Aug. 2021 was R131 Mil. Sail Mining Group's average total inventories from the quarter that ended in Feb. 2021 to the quarter that ended in Aug. 2021 was R167 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sail Mining Group's Net-Net Working Capital per share for the quarter that ended in Aug. 2021 was R-0.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sail Mining Group's Days Inventory for the six months ended in Aug. 2021 was 55.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sail Mining Group's Inventory Turnover for the quarter that ended in Aug. 2021 was 3.29.

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. Sail Mining Group's Inventory-to-Revenue for the quarter that ended in Aug. 2021 was 0.42.

Sail Mining Group  (JSE:SGP) 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.

Sail Mining Group's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2021 is

Net-Net Working Capital Per Share (Q: Aug. 2021 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4.035+0.75 * 80.986+0.5 * 131.413-1347.283
-0--128.617)/2542.429
=-0.43

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

Sail Mining Group's Days Inventory for the six months ended in Aug. 2021 is calculated as:

Days Inventory=Average Total Inventories (Q: Aug. 2021 )/Cost of Goods Sold (Q: Aug. 2021 )*Days in Period
=166.824/548.482*365 / 2
=55.51

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

Sail Mining Group's Inventory Turnover for the quarter that ended in Aug. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Aug. 2021 ) / Average Total Inventories (Q: Aug. 2021 )
=548.482 / 166.824
=3.29

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.

Sail Mining Group's Inventory to Revenue for the quarter that ended in Aug. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Aug. 2021 ) / Revenue (Q: Aug. 2021 )
=166.824 / 394.908
=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.

Sail Mining Group Total Inventories Related Terms

Sail Mining Group Total Inventories Historical Data

* Premium members only.

The historical data trend for Sail Mining 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.

Sail Mining Group Total Inventories Chart

Sail Mining Group Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 164.09 112.78 321.40 202.24

Sail Mining Group Semi-Annual Data
Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21
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 172.90 321.40 323.05 202.24 131.41

Sail Mining 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of R131 Mil mean?
Sail Mining Group (JSE:SGP) has a Total Inventories of R131 Mil as of Aug. 2021. The total amount of inventory as recorded on a company's balance sheet. View historical data for Sail Mining Group and its competitors.
Is Sail Mining Group's Total Inventories too high?
Sail Mining Group's current Total Inventories is R131 Mil.
How does Sail Mining Group's Total Inventories compare to BHPBF?
Sail Mining Group's Total Inventories of R131 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Metals & Mining company?
A good Total Inventories depends on the Metals & Mining industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Sail Mining Group and its competitors. Sail Mining Group's current Total Inventories is R131 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sail Mining Group stock overvalued right now?
Sail Mining Group (JSE:SGP) has a current Total Inventories of R131 Mil. The current Total Inventories is R131 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Sail Mining Group (JSE:SGP), the current Total Inventories is R131 Mil as of Aug. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sail Mining Group Business Description

Address 4 Peltier Drive, Unit 25 Sunninghill Office Park, Johannesburg, GT, ZAF, 2054
Sail Mining Group Ltd Formerly Chrometco Ltd is a mineral exploration company. It has chrome and mining operations in the North-West Province of South Africa. In addition, Chrometco focuses on the investigation of other chrome and base metal properties for exploration purposes and on researching and investigating business development opportunities. The group holds interest in mining, concentrating and beneficiating various metals and their ores, in particular chrome, platinum, copper, cobalt, nickel and manganese.