Bena Steel Industries Co (SAU:9563) Total Inventories : ﷼103.8 Mil (As of Jun. 2024)

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What is Bena Steel Industries Co Total Inventories?

Bena Steel Industries Co's total inventories for the quarter that ended in Jun. 2024 was ﷼103.8 Mil. Bena Steel Industries Co's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Jun. 2024 was ﷼105.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Bena Steel Industries Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was ﷼-9.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bena Steel Industries Co's Days Inventory for the six months ended in Jun. 2024 was 112.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bena Steel Industries Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.63.

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. Bena Steel Industries Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.55.

Bena Steel Industries Co Total Inventories Historical Data

The historical data trend for Bena Steel Industries 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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Bena Steel Industries Co Total Inventories Chart

Bena Steel Industries Co Annual Data

Trend

Total Inventories

Bena Steel Industries Co Semi-Annual Data
	Jun22	Jun23	Jun24
Total Inventories	-	107.24	103.80

Bena Steel Industries 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.

Bena Steel Industries Co (SAU:9563) 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.

Bena Steel Industries 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)
=	(3.061	+	0.75 * 103.247	+	0.5 * 103.795	-	186.98
-	0	-	0)	/	6.000
=	-9.10

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

Bena Steel Industries 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
	=	105.516	/	171.666	*	365 / 2
	=	112.18

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

Bena Steel Industries 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 )
	=	171.666	/	105.516
	=	1.63

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.

Bena Steel Industries 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 )
	=	105.516	/	191.379
	=	0.55

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.

Bena Steel Industries Co Total Inventories Related Terms

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Bena Steel Industries Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Bena Steel Industries Co (SAU:9563) » Definitions » Total Inventories

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Traded in Other Exchanges

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Address

4781 King Fahad Ibn Abdulaziz Road 34th Street, 1st Industrial City, Dammam, SAU, 32234-7789

Website

https://www.benasteel.com

Bena Steel Industries Co is engaged in the production of galva ribbed, metal structures and metal sheets, ribbed and non-ribbed sheets, pre-painted corrugated sheets, electro plated steel, silicon steel, as well as aluminum. It also manufactures ERW pipes & tubes and produces tape rolls, rods, skewers, angles, Wheelbarrow, wires, and clips of all shapes and sizes. .

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