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Blue Square Real Estate (XTAE:BLSR) Inventory Turnover : 0.14 (As of Mar. 2024)


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What is Blue Square Real Estate 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. Blue Square Real Estate's Cost of Goods Sold for the three months ended in Mar. 2024 was ₪48.1 Mil. Blue Square Real Estate's Average Total Inventories for the quarter that ended in Mar. 2024 was ₪354.3 Mil. Blue Square Real Estate's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Blue Square Real Estate's Days Inventory for the three months ended in Mar. 2024 was 672.59.

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. Blue Square Real Estate's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.33.


Blue Square Real Estate Inventory Turnover Historical Data

The historical data trend for Blue Square Real Estate'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.

* Premium members only.

Blue Square Real Estate Inventory Turnover Chart

Blue Square Real Estate Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.11 0.28 0.30 0.46

Blue Square Real Estate Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.11 0.16 0.11 0.14

Blue Square Real Estate Inventory Turnover Calculation

Blue Square Real Estate'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 )
=166.717 / ((373.43 + 359.094) / 2 )
=166.717 / 366.262
=0.46

Blue Square Real Estate's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=48.066 / ((359.094 + 349.476) / 2 )
=48.066 / 354.285
=0.14

* 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.


Blue Square Real Estate  (XTAE:BLSR) 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.

Blue Square Real Estate's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=354.285/48.066*365 / 4
=672.59

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.

Blue Square Real Estate's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=354.285 / 152.265
=2.33

* 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.


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.


Blue Square Real Estate Inventory Turnover Related Terms

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Blue Square Real Estate (XTAE:BLSR) Business Description

Traded in Other Exchanges
N/A
Address
Europark Yakum, France Building, P.O Box 10, Yakum, ISR, 60972
Blue Square Real Estate Ltd is engaged in the development and rental of real estate properties. The Company owns approximately 120 properties. Its assets include supermarkets, offices and logistics centers as well as various lots for development.

Blue Square Real Estate (XTAE:BLSR) Headlines

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