African Rainbow Minerals (JSE:ARI) Change In Inventory : R-414 Mil (TTM As of Dec. 2023)

View and export this data going back to 1944. Start your Free Trial

What is African Rainbow Minerals Change In Inventory?

African Rainbow Minerals's change in inventory for the quarter that ended in Dec. 2023 was R-242 Mil. It means African Rainbow Minerals's inventory increased by R242 Mil from Jun. 2023 to Dec. 2023 .

African Rainbow Minerals's change in inventory for the fiscal year that ended in Jun. 2023 was R-518 Mil. It means African Rainbow Minerals's inventory increased by R518 Mil from Jun. 2022 to Jun. 2023 .

African Rainbow Minerals's Total Inventories for the quarter that ended in Dec. 2023 was R1,157 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. African Rainbow Minerals's Days Inventory for the quarter that ended in Dec. 2023 was 28.83.

Inventory Turnover measures how fast the company turns over its inventory within a year. African Rainbow Minerals's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.33.

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. African Rainbow Minerals's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.14.

African Rainbow Minerals Change In Inventory Historical Data

The historical data trend for African Rainbow Minerals's Change In Inventory 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.

African Rainbow Minerals Change In Inventory Chart

African Rainbow Minerals Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Inventory

Get a 7-Day Free Trial

-64.00

-3.00

54.00

70.00

-518.00

African Rainbow Minerals Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															47.00	23.00	-346.00	-172.00	-242.00

African Rainbow Minerals Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-414 Mil.

African Rainbow Minerals (JSE:ARI) Change In Inventory Explanation

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

African Rainbow Minerals's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	822.5	/	5206	*	365 / 2
	=	28.83

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5206	/	822.5
	=	6.33

3. 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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	822.5	/	5815
	=	0.14

African Rainbow Minerals Change In Inventory Related Terms

Thank you for viewing the detailed overview of African Rainbow Minerals's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

African Rainbow Minerals (JSE:ARI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » African Rainbow Minerals Ltd (JSE:ARI) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

AFBOF:USA EB9:Germany

Address

29 Impala Road, ARM House, Chislehurston, Sandton, GT, ZAF, 2196

Website

https://www.arm.co.za

African Rainbow Minerals Ltd is a South African diversified mining and minerals company. The group has various operating divisions: platinum, ferrous, coal, copper, and corporate. In addition, African Rainbow Minerals has an investment in gold through its shareholding in Harmony. Ferrous is the group's largest division, contributing roughly half of group revenue, closely trailed by the platinum division. The platinum division includes the Two Rivers Platinum Mine as a 51% subsidiary and an interest in the Modikwa Platinum Mine. The ferrous division comprises Assmang as a 50% joint venture, which includes iron ore, manganese, and chrome operations.