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SOBO (South Bow) Total Inventories : $207 Mil (As of Dec. 2024)


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What is South Bow Total Inventories?

South Bow's total inventories for the quarter that ended in Dec. 2024 was $207 Mil. South Bow's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $208 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. South Bow's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-35.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. South Bow's Days Inventory for the three months ended in Dec. 2024 was 212.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. South Bow's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.43.

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. South Bow's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.44.

South Bow Total Inventories Historical Data

The historical data trend for South Bow'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.

South Bow Total Inventories Chart

South Bow Annual Data
Trend Dec23 Dec24
Total Inventories
160.00 207.00

South Bow Quarterly Data
Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Inventories Get a 7-Day Free Trial 160.00 - - 209.46 207.00

South Bow 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.

South Bow  (NYSE:SOBO) 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.

South Bow's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(397+0.75 * 1190+0.5 * 207-8719
-0-0)/208.041
=-35.21

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

South Bow's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=208.231/89.562*365 / 4
=212.16

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

South Bow's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=89.562 / 208.231
=0.43

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.

South Bow's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=208.231 / 476.87
=0.44

* 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.

South Bow Total Inventories Related Terms

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South Bow Business Description

Industry
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Traded in Other Exchanges
SOBO:Canada
Address
707, 5 Street SW, Suite 900, Calgary, AB, CAN, T2P 1V8
Website
https://www.southbow.com
South Bow Corp is a energy infrastructure company. The company is engaged in constructing pipelines system safely transports liquids like crude oil, across Canadian provinces, U.S. states, and Gulf coasts. It has three reportable segments: Keystone Pipeline System, Marketing, and Intra-Alberta & Other. It derives maximum revenue from Keystone Pipeline System segment.