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Stor-Age Property REIT (JSE:SSS) Total Inventories : R7 Mil (As of Sep. 2024)


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What is Stor-Age Property REIT Total Inventories?

Stor-Age Property REIT's total inventories for the quarter that ended in Sep. 2024 was R7 Mil. Stor-Age Property REIT's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Sep. 2024 was R7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Stor-Age Property REIT's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was R-9.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Stor-Age Property REIT's Days Inventory for the six months ended in Sep. 2024 was 7.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. Stor-Age Property REIT's Inventory Turnover for the quarter that ended in Sep. 2024 was 23.10.

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. Stor-Age Property REIT's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.01.


Stor-Age Property REIT Total Inventories Historical Data

The historical data trend for Stor-Age Property REIT'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.

Stor-Age Property REIT Total Inventories Chart

Stor-Age Property REIT Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Inventories
Get a 7-Day Free Trial Premium Member Only 5.68 6.09 7.23 6.96 7.36

Stor-Age Property REIT Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 6.74 6.96 7.64 7.36 6.97

Stor-Age Property REIT 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.


Stor-Age Property REIT  (JSE:SSS) 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.

Stor-Age Property REIT's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(271.926+0.75 * 117.957+0.5 * 6.967-5040.856
-0-84.406)/481.663
=-9.89

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

Stor-Age Property REIT's Days Inventory for the six months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=7.1625/165.488*365 / 2
=7.90

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

Stor-Age Property REIT's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=165.488 / 7.1625
=23.10

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.

Stor-Age Property REIT's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=7.1625 / 684.518
=0.01

* 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.


Stor-Age Property REIT Total Inventories Related Terms

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Stor-Age Property REIT Business Description

Traded in Other Exchanges
N/A
Address
216 Main Road, Claremont, Cape Town, WC, ZAF, 7708
Stor-Age Property REIT Ltd develops, acquires, and manages self-storage properties. It earns revenue in the form of rentals from the tenants of its investment properties. The company's geographical operating segments are; South Africa which generates maximum revenue, and the United Kingdom.

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