Real Estate Investors (LSE:RLE) Inventory Turnover : 0.40 (As of Dec. 2023)

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What is Real Estate Investors Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Real Estate Investors's Cost of Goods Sold for the six months ended in Dec. 2023 was £0.95 Mil. Real Estate Investors's Average Total Inventories for the quarter that ended in Dec. 2023 was £2.39 Mil. Real Estate Investors's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Real Estate Investors's Days Inventory for the six months ended in Dec. 2023 was 461.36.

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. Real Estate Investors's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.44.

Real Estate Investors Inventory Turnover Historical Data

The historical data trend for Real Estate Investors's Inventory Turnover 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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Real Estate Investors Inventory Turnover Chart

Real Estate Investors Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.39

0.37

1.08

1.04

0.93

Real Estate Investors Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															1.05	0.49	0.55	0.54	0.40

Real Estate Investors Inventory Turnover Calculation

Real Estate Investors's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	2.232	/ (	(2.389	+	2.395)	/	2 )
=	2.232	/	2.392
=	0.93

Real Estate Investors's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	0.947	/ (	(2.393	+	2.395)	/	2 )
=	0.947	/	2.394
=	0.40

Real Estate Investors (LSE:RLE) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Real Estate Investors'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
	=	2.394	/	0.947	*	365 / 2
	=	461.36

2. 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.

Real Estate Investors'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 )
	=	2.394	/	5.457
	=	0.44

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Real Estate Investors Inventory Turnover Related Terms

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Real Estate Investors (LSE:RLE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Real Estate Investors PLC (LSE:RLE) » Definitions » Inventory Turnover

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RLE.GB:UK

Address

75-77 Colmore Row, 2nd Floor, Birmingham, GBR, B3 2AP

Website

https://www.reiplc.com

Real Estate Investors PLC operates as a real estate investment trust in the United Kingdom. The property investment firm has interests in commercial and residential properties throughout the country. Its portfolio is diversified by property type and tenant, with a mix of office, retail, and residential assets. The company invests in well located, real estate assets in the established and markets of central Birmingham and the Midlands. Its source of income is in the form of rents derived from retail, office and residential land and property, new lettings, rent reviews, lease renewals, refurbishment, change of use and planning gains. It has a range of occupiers from national and regional multiple retailers to government and corporate office occupiers.

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