Spur (JSE:SUR) Total Inventories : R148 Mil (As of Dec. 2024)

View and export this data going back to 1999. Start your Free Trial

What is Spur Total Inventories?

Spur's total inventories for the quarter that ended in Dec. 2024 was R148 Mil. Spur's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Dec. 2024 was R142 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Spur's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was R0.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Spur's Days Inventory for the six months ended in Dec. 2024 was 18.92.

Inventory Turnover measures how fast the company turns over its inventory within a year. Spur's Inventory Turnover for the quarter that ended in Dec. 2024 was 9.65.

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. Spur's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.07.

Spur Total Inventories Historical Data

The historical data trend for Spur'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.

Spur Total Inventories Chart

Spur Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Total Inventories

Get a 7-Day Free Trial

84.59

76.10

97.69

121.21

136.13

Spur Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Inventories	Get a 7-Day Free Trial															150.86	121.21	192.15	136.13	148.08

Spur 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.

Spur (JSE:SUR) 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.

Spur'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)
=	(368.381	+	0.75 * 185.543	+	0.5 * 148.077	-	549.171
-	0	-	17.248)	/	81.717
=	0.19

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

Spur'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
	=	142.101	/	1370.798	*	365 / 2
	=	18.92

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

Spur'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 )
	=	1370.798	/	142.101
	=	9.65

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.

Spur'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 )
	=	142.101	/	2009.872
	=	0.07

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.

Spur Total Inventories Related Terms

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

Spur Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Spur Corp Ltd (JSE:SUR) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

14 Edison Way, Century Gate Business Park, Century City, Cape Town, WC, ZAF, 7441

Website

https://www.spurcorporation.com

Spur Corp Ltd is a South African multi-brand restaurant franchisor. The group operates as franchisor for the Spur Steak Ranches, Panarottis Pizza Pasta, John Dory's Fish Grill Sushi, The Hussar Grill, RocoMamas (including RocoGo), Casa Bella, Nikos, Doppio Zero and Piza e Vino brands. The company's segment includes South Africa and International segment. South Africa segment include: Franchise, Manufacturing and distribution, Retail company stores, Marketing and Other. International segment include Australasia, Rest of Africa and Middle East and Marketing. Key revenue is generated from South Africa segment.

Spur Headlines

No Headlines