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GPT Group (GPT Group) Days Inventory : 52.23 (As of Dec. 2023)


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What is GPT Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). GPT Group's Average Total Inventories for the six months ended in Dec. 2023 was $33.6 Mil. GPT Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $117.3 Mil. Hence, GPT Group's Days Inventory for the six months ended in Dec. 2023 was 52.23.

The historical rank and industry rank for GPT Group's Days Inventory or its related term are showing as below:

GPTGF' s Days Inventory Range Over the Past 10 Years
Min: 7.25   Med: 31.77   Max: 53.76
Current: 40.92

During the past 13 years, GPT Group's highest Days Inventory was 53.76. The lowest was 7.25. And the median was 31.77.

GPTGF's Days Inventory is ranked better than
59.72% of 144 companies
in the REITs industry
Industry Median: 87.84 vs GPTGF: 40.92

GPT Group's Days Inventory increased from Dec. 2022 (16.55) to Dec. 2023 (52.23). It might indicate that GPT Group's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. GPT Group's Inventory Turnover for the six months ended in Dec. 2023 was 3.49.

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. GPT Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.10.


GPT Group Days Inventory Historical Data

The historical data trend for GPT Group's Days 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.

* Premium members only.

GPT Group Days Inventory Chart

GPT Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.20 51.34 41.96 17.27 53.82

GPT Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory 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 18.98 18.44 16.55 15.45 52.23

Competitive Comparison of GPT Group's Days Inventory

For the REIT - Diversified subindustry, GPT Group's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


GPT Group's Days Inventory Distribution in the REITs Industry

For the REITs industry and Real Estate sector, GPT Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where GPT Group's Days Inventory falls into.



GPT Group Days Inventory Calculation

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

GPT Group's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (9.042 + 57.697) / 2 ) / 226.306*365
=33.3695 / 226.306*365
=53.82

GPT Group's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (9.463 + 57.697) / 2 ) / 117.336*365 / 2
=33.58 / 117.336*365 / 2
=52.23

* 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.


GPT Group  (OTCPK:GPTGF) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

GPT Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

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.

GPT Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


GPT Group Days Inventory Related Terms

Thank you for viewing the detailed overview of GPT Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


GPT Group (GPT Group) Business Description

Traded in Other Exchanges
Address
25 Martin Place, Level 51, Sydney, NSW, AUS, 2000
GPT Group was listed in 1971 and is Australia's oldest listed property trust. The business strategy is not particularly differentiated from peers, other than through its somewhat conservative gearing and modest emphasis on development activity. The portfolio weighting to industrial is a major growth area for the firm. GPT remains dominated by retail malls that generate about a third of its revenue, and another quarter from office.

GPT Group (GPT Group) Headlines

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