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Turnall Holdings (XZIM:TURN.ZW) Total Inventories : ZWG160.9 Mil (As of Jun. 2024)


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What is Turnall Holdings Total Inventories?

Turnall Holdings's total inventories for the quarter that ended in Jun. 2024 was ZWG160.9 Mil. Turnall Holdings's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Jun. 2024 was ZWG80.4 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Turnall Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was ZWG-0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Turnall Holdings's Days Inventory for the six months ended in Jun. 2024 was 122.81.

Inventory Turnover measures how fast the company turns over its inventory within a year. Turnall Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.49.

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. Turnall Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.54.


Turnall Holdings Total Inventories Historical Data

The historical data trend for Turnall Holdings'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.

Turnall Holdings Total Inventories Chart

Turnall Holdings Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Total Inventories
Get a 7-Day Free Trial Premium Member Only 194.29 219.66 107.83 89.95 178.85

Turnall Holdings Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun23 Jun24
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 89.95 108.90 178.85 - 160.86

Turnall Holdings 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.


Turnall Holdings  (XZIM:TURN.ZW) 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.

Turnall Holdings'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)
=(11.019+0.75 * 172.846+0.5 * 160.862-245.877
-0-0)/4315.726
=-0.01

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

Turnall Holdings'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
=80.431/119.52*365 / 2
=122.81

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

Turnall Holdings'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 )
=119.52 / 80.431
=1.49

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.

Turnall Holdings'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 )
=80.431 / 148.127
=0.54

* 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.


Turnall Holdings Total Inventories Related Terms

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Turnall Holdings Business Description

Traded in Other Exchanges
N/A
Address
5 Glasgow Road, Workington, P.O. Box 3985, Southerton, Harare, ZWE
Turnall Holdings Ltd is a Zimbabwe-based company, which is engaged in the production of building and construction materials comprising corrugated sheeting, flat sheets, pressure pipes, sewer pipes, concrete roofing tiles, and related accessories. It operates through segments, which include Building Products, Piping products, Concrete tiles, and Construction. The Building Products segment which earns the majority of revenue is engaged in the production of roofing sheets, flat sheets, and molded goods. Its Piping products segment is engaged in the production of water and sewer reticulation pipes. The Concrete tile segment is engaged in the production of concrete roofing products. Geographically, it derives maximum revenue from Zimbabwe.

Turnall Holdings Headlines

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