GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Persimmon PLC (OTCPK:PSMMY) » Definitions » Total Inventories

Persimmon (Persimmon) Total Inventories : $4,685 Mil (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Persimmon Total Inventories?

Persimmon's total inventories for the quarter that ended in Dec. 2023 was $4,685 Mil. Persimmon's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was $4,682 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Persimmon's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $8.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Persimmon's Days Inventory for the six months ended in Dec. 2023 was 519.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. Persimmon's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.35.

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. Persimmon's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.33.


Persimmon Total Inventories Historical Data

The historical data trend for Persimmon'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.

Persimmon Total Inventories Chart

Persimmon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,137.35 3,899.60 3,883.91 4,217.91 4,685.06

Persimmon Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 3,883.91 4,190.52 4,217.91 4,678.16 4,685.06

Persimmon 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.


Persimmon  (OTCPK:PSMMY) 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.

Persimmon's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(531.772+0.75 * 181.266+0.5 * 4685.063-1733.291
-0-0)/159.711
=8.00

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

Persimmon's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=4681.61/1643.797*365 / 2
=519.77

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

Persimmon's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=1643.797 / 4681.61
=0.35

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.

Persimmon's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=4681.61 / 2005.949
=2.33

* 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.


Persimmon Total Inventories Related Terms

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


Persimmon (Persimmon) Business Description

Traded in Other Exchanges
Address
Persimmon House, Fulford, York, GBR, YO19 4FE
Persimmon is the U.K.'s second largest residential property developer by revenue and dwelling completions, marketing homes under its three brands: Persimmon Homes, Charles Church, and Westbury Partnerships. Persimmon largely caters to the lower-priced segment of the newbuild market, attracting more first-time homebuyers than any of its peer homebuilders. Aligning with the typical business model employed by U.K. homebuilders, Persimmon is a vertically integrated speculative homebuilder.

Persimmon (Persimmon) Headlines

From GuruFocus

Bernard Horn Adds to Holdings in Homebuilders

By David Goodloe David Goodloe 08-26-2016

Persimmon PLC's Dividend Analysis

By GuruFocus Research 10-11-2023

Protecting Investments in a Post-Brexit Property Market

By Nicholas Kitonyi Nicholas Kitonyi 03-06-2017