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NUFMF (Nufarm) Total Inventories : $789 Mil (As of Sep. 2024)


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What is Nufarm Total Inventories?

Nufarm's total inventories for the quarter that ended in Sep. 2024 was $789 Mil. Nufarm's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Sep. 2024 was $861 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Nufarm's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-1.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nufarm's Days Inventory for the six months ended in Sep. 2024 was 188.81.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nufarm's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.97.

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. Nufarm's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.80.


Nufarm Total Inventories Historical Data

The historical data trend for Nufarm'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.

Nufarm Total Inventories Chart

Nufarm Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Sep21 Sep22 Sep23 Sep24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 656.91 713.57 1,069.02 940.88 789.44

Nufarm Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 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 Premium Member Only Premium Member Only 1,069.02 1,193.49 940.88 932.24 789.44

Nufarm 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.


Nufarm  (OTCPK:NUFMF) 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.

Nufarm'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)
=(313.854+0.75 * 372.622+0.5 * 789.443-1500.503
-0-0)/382.307
=-1.34

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

Nufarm'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
=860.8405/832.063*365 / 2
=188.81

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

Nufarm'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 )
=832.063 / 860.8405
=0.97

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.

Nufarm'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 )
=860.8405 / 1075.062
=0.80

* 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.


Nufarm Total Inventories Related Terms

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Nufarm Business Description

Traded in Other Exchanges
Address
103-105 Pipe Road, Laverton North, Auckland, VIC, AUS, 3026
Nufarm Limited is a global crop-protection company that develops, manufactures, and sells a range of crop-protection products, including herbicides, insecticides, and fungicides. Nufarm sells its products in most of the world's major agricultural regions and operates primarily in the off-patent segment of the crop-protection market. Nufarm operates along two business lines: crop protection and seed technologies.

Nufarm Headlines

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