Sibanye Stillwater (Sibanye Stillwater) Total Inventories : $1,415 Mil (As of Dec. 2023)

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What is Sibanye Stillwater Total Inventories?

Sibanye Stillwater's total inventories for the quarter that ended in Dec. 2023 was $1,415 Mil. Sibanye Stillwater's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was $1,393 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sibanye Stillwater's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-3.83.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sibanye Stillwater's Days Inventory for the six months ended in Dec. 2023 was 93.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sibanye Stillwater's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.95.

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. Sibanye Stillwater's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.49.

Sibanye Stillwater Total Inventories Historical Data

The historical data trend for Sibanye Stillwater'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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Sibanye Stillwater Total Inventories Chart

Sibanye Stillwater Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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1,076.42

1,676.68

1,578.19

1,526.85

1,414.87

Sibanye Stillwater Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial															1,578.19	1,707.62	1,526.85	1,371.58	1,414.87

Sibanye Stillwater 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.

Sibanye Stillwater (NYSE:SBSW) 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.

Sibanye Stillwater's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1371.775	+	0.75 * 357.917	+	0.5 * 1414.871	-	4901.786
-	0	-	154.405)	/	707.642
=	-3.83

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

Sibanye Stillwater's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	1393.2255	/	2717.842	*	365 / 2
	=	93.55

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

Sibanye Stillwater's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	2717.842	/	1393.2255
	=	1.95

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.

Sibanye Stillwater's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	1393.2255	/	2850.672
	=	0.49

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.

Sibanye Stillwater Total Inventories Related Terms

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Sibanye Stillwater (Sibanye Stillwater) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sibanye Stillwater Ltd (NYSE:SBSW) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

SSW:South Africa SBYSF:USA SBSW:Mexico 47V:Germany 47V:Germany 47VS:Germany 47V:Germany 47VS:Germany 47VS:Germany S1BS34:Brazil

Address

Cnr 14th Avenue and Hendrik Potgieter Road, Bridgeview House, Building 11, Ground Floor, Lakeview Avenue, Constantia Office Park, Weltevreden Park, Roodepoort, GT, ZAF, 1709

Website

https://www.sibanyestillwater.com

Sibanye Stillwater Ltd is a South Africa-focused mining company. The Group currently owns and operates five underground and surface gold operations in South Africa: the Cooke, DRDGOLD, Driefontein, and Kloof operations in the West Witwatersrand region, and the Beatrix Operation in the southern Free State province. In addition to mining, the company owns and manages extraction and processing facilities at its operations, where gold-bearing ore is treated and beneficiated to produce gold dore. The gold dore is further refined at Rand Refinery into gold bars with a purity of at least 99.5% and is then sold on international markets. Sibanye holds a 44% interest in Rand Refinery, global refiners of gold, and the largest in Africa. Rand Refinery markets gold to customers around the world.