Saudi Top for Trading Co (SAU:9552) Total Inventories : ﷼52.0 Mil (As of Jun. 2024)

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What is Saudi Top for Trading Co Total Inventories?

Saudi Top for Trading Co's total inventories for the quarter that ended in Jun. 2024 was ﷼52.0 Mil. Saudi Top for Trading Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was ﷼46.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Saudi Top for Trading Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was ﷼-0.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Saudi Top for Trading Co's Days Inventory for the six months ended in Jun. 2024 was 133.58.

Inventory Turnover measures how fast the company turns over its inventory within a year. Saudi Top for Trading Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.37.

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. Saudi Top for Trading Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.63.

Saudi Top for Trading Co Total Inventories Historical Data

The historical data trend for Saudi Top for Trading Co'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.

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Saudi Top for Trading Co Total Inventories Chart

Saudi Top for Trading Co Annual Data

Trend

Dec21

Dec22

Dec23

Total Inventories

40.64

40.46

Saudi Top for Trading Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Inventories	Get a 7-Day Free Trial			-	40.64	37.99	40.46	52.04

Saudi Top for Trading Co 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.

Saudi Top for Trading Co (SAU:9552) 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.

Saudi Top for Trading Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

	Net-Net Working Capital Per Share (Q: Jun. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(22.148	+	0.75 * 8.345	+	0.5 * 52.037	-	70.324
-	0	-	0)	/	40.000
=	-0.40

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

Saudi Top for Trading Co's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	46.2465	/	63.183	*	365 / 2
	=	133.58

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

Saudi Top for Trading Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2024 )	/	Average Total Inventories (Q: Jun. 2024 )
	=	63.183	/	46.2465
	=	1.37

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.

Saudi Top for Trading Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	46.2465	/	73.983
	=	0.63

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.

Saudi Top for Trading Co Total Inventories Related Terms

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Saudi Top for Trading Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Saudi Top for Trading Co (SAU:9552) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

3776 Eastern Ring Road, Alnoor District, Riyadh, SAU, 14321

Website

https://www.stp.com.sa

Saudi Top for Trading Co is engaged in the plastic raw materials business as a trading company or manufacturer and also an authorized distributor for petrochemical-producing companies. The company's product portfolio includes Polyethylene WAX, Polyethylene, Polyethylene Terephthalate, Thermoplastic Elastomers, Styrenics, Polypropylene Rubber, and Engineering Polymers.

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