Wall Financial (TSX:WFC) Inventory Turnover : 0.40 (As of Jan. 2024)

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What is Wall Financial 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. Wall Financial's Cost of Goods Sold for the three months ended in Jan. 2024 was C$21.0 Mil. Wall Financial's Average Total Inventories for the quarter that ended in Jan. 2024 was C$52.6 Mil. Wall Financial's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wall Financial's Days Inventory for the three months ended in Jan. 2024 was 228.16.

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. Wall Financial's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 1.61.

Wall Financial Inventory Turnover Historical Data

The historical data trend for Wall Financial'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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Wall Financial Inventory Turnover Chart

Wall Financial Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Inventory Turnover

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1.31

0.80

1.74

2.16

1.92

Wall Financial Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Inventory Turnover	Get a 7-Day Free Trial															0.57	0.47	0.47	0.43	0.40

Wall Financial Inventory Turnover Calculation

Wall Financial's Inventory Turnover for the fiscal year that ended in Jan. 2024 is calculated as

	Inventory Turnover (A: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jan. 2024 )	/ (	(Total Inventories (A: Jan. 2023 )	+	Total Inventories (A: Jan. 2024 ))	/	count )
=	83.438	/ (	(34.579	+	52.308)	/	2 )
=	83.438	/	43.4435
=	1.92

Wall Financial's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

	Inventory Turnover (Q: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2024 )	/ (	(Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )
=	21.048	/ (	(52.946	+	52.308)	/	2 )
=	21.048	/	52.627
=	0.40

Wall Financial (TSX:WFC) 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.

Wall Financial's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	52.627	/	21.048	*	365 / 4
	=	228.16

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.

Wall Financial's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	52.627	/	32.592
	=	1.61

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.

Wall Financial Inventory Turnover Related Terms

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Wall Financial (TSX:WFC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wall Financial Corp (TSX:WFC) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

1010 Burrard Street, Vancouver, BC, CAN, V6Z 2R9

Website

http://www.wallfinancialcorp.ca

Wall Financial Corp is in the development and management of residential rental units, the development and construction of residential housing for resale, and the development and management of hotel properties. It owns and manages two hotel properties in Metro Vancouver namely the Sheraton Vancouver Wall Centre Hotel and the Westin Wall Centre Vancouver Airport Hotel. It operates in three segments of the real estate industry namely, Ownership and management of revenue-producing residential and commercial properties (Rental), Ownership and management of hotel properties (Hotel), and the development and sale of residential housing (Development).

Executives

David Eugene Gruber

Director