Springfield Properties (LSE:SPR) Change In Inventory : £5.9 Mil (TTM As of Nov. 2023)

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What is Springfield Properties Change In Inventory?

Springfield Properties's change in inventory for the quarter that ended in Nov. 2023 was £0.9 Mil. It means Springfield Properties's inventory declined by £0.9 Mil from May. 2023 to Nov. 2023 .

Springfield Properties's change in inventory for the fiscal year that ended in May. 2023 was £-3.3 Mil. It means Springfield Properties's inventory increased by £3.3 Mil from May. 2022 to May. 2023 .

Springfield Properties's Total Inventories for the quarter that ended in Nov. 2023 was £276.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Springfield Properties's Days Inventory for the quarter that ended in Nov. 2023 was 487.64.

Inventory Turnover measures how fast the company turns over its inventory within a year. Springfield Properties's Inventory Turnover for the quarter that ended in Nov. 2023 was 0.37.

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. Springfield Properties's Inventory-to-Revenue for the quarter that ended in Nov. 2023 was 2.28.

Springfield Properties Change In Inventory Historical Data

The historical data trend for Springfield Properties'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.

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Springfield Properties Change In Inventory Chart

Springfield Properties Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

Change In Inventory

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0.64

-25.64

17.50

-16.51

-3.25

Springfield Properties Semi-Annual Data
	May15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Change In Inventory	Get a 7-Day Free Trial												-29.04	12.53	-8.35	5.10	0.85

Springfield Properties 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 Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £5.9 Mil.

Springfield Properties (LSE:SPR) Change In Inventory Explanation

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

Springfield Properties's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	277.208	/	103.745	*	365 / 2
	=	487.64

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

Springfield Properties's Inventory Turnover for the quarter that ended in Nov. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	103.745	/	277.208
	=	0.37

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.

Springfield Properties's Inventory to Revenue for the quarter that ended in Nov. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	277.208	/	121.685
	=	2.28

Springfield Properties Change In Inventory Related Terms

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Springfield Properties (LSE:SPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Springfield Properties PLC (LSE:SPR) » Definitions » Change In Inventory

Comparable Companies

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9MZ:Germany

Address

8 Southfield Drive, Alexander Fleming House, Elgin, Morayshire, GBR, IV30 6GR

Website

https://www.thespringfieldgroup.co.uk

Springfield Properties PLC is a housebuilder focused on developing a mix of private and affordable housing in Scotland. The group primarily focuses on sourcing land for private housing in areas with high growth potential and progressing those developments through the planning process. It has one segment that is Housing building activity in the United Kingdom. It earns revenue from private residential properties, affordable housing, contact housing and others.