GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Scott Technology Ltd (NZSE:SCT) » Definitions » Total Inventories

Scott Technology (NZSE:SCT) Total Inventories : NZ$36.9 Mil (As of Aug. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Scott Technology Total Inventories?

Scott Technology's total inventories for the quarter that ended in Aug. 2024 was NZ$36.9 Mil. Scott Technology's average total inventories from the quarter that ended in Feb. 2024 to the quarter that ended in Aug. 2024 was NZ$36.6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Scott Technology's Net-Net Working Capital per share for the quarter that ended in Aug. 2024 was NZ$-0.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Scott Technology's Days Inventory for the six months ended in Aug. 2024 was 82.96.

Inventory Turnover measures how fast the company turns over its inventory within a year. Scott Technology's Inventory Turnover for the quarter that ended in Aug. 2024 was 2.20.

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. Scott Technology's Inventory-to-Revenue for the quarter that ended in Aug. 2024 was 0.23.


Scott Technology Total Inventories Historical Data

The historical data trend for Scott Technology'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.

Scott Technology Total Inventories Chart

Scott Technology Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.68 23.13 31.33 38.25 36.87

Scott Technology Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 31.33 32.79 38.25 36.30 36.87

Scott Technology 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.


Scott Technology  (NZSE:SCT) 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.

Scott Technology's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2024 is

Net-Net Working Capital Per Share (Q: Aug. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(11.674+0.75 * 40.943+0.5 * 36.869-132.259
-0--0.508)/81.347
=-0.87

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

Scott Technology's Days Inventory for the six months ended in Aug. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Aug. 2024 )/Cost of Goods Sold (Q: Aug. 2024 )*Days in Period
=36.5835/80.475*365 / 2
=82.96

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

Scott Technology's Inventory Turnover for the quarter that ended in Aug. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Aug. 2024 ) / Average Total Inventories (Q: Aug. 2024 )
=80.475 / 36.5835
=2.20

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.

Scott Technology's Inventory to Revenue for the quarter that ended in Aug. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Aug. 2024 ) / Revenue (Q: Aug. 2024 )
=36.5835 / 156.448
=0.23

* 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.


Scott Technology Total Inventories Related Terms

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


Scott Technology Business Description

Traded in Other Exchanges
N/A
Address
630 Kaikorai Valley Road, Dunedin, OTA, NZL, 9011
Scott Technology Ltd is a robotics and automation company. It designs and manufactures automated production, robotics, and process machinery. The firm provides products and solutions to the industries such as meat processing; industrial automation and robotics; appliances; mining; and others. Its business segments are New Zealand manufacturing, Australia manufacturing; Americas manufacturing; Europe manufacturing; and China manufacturing. Maximum revenue is generated from the Americas manufacturing segment. The group operates in New Zealand, North America, Australia, South America, Asia, Russia and former states, Africa and the Middle East, and Other Europe.