Elanor Commercial Property Fund (ASX:ECF) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is Elanor Commercial Property Fund 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. Elanor Commercial Property Fund's Cost of Goods Sold for the six months ended in Dec. 2023 was A$1.61 Mil. Elanor Commercial Property Fund's Average Total Inventories for the quarter that ended in Dec. 2023 was A$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Elanor Commercial Property Fund's Days Inventory for the six months ended in Dec. 2023 was 0.00.

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. Elanor Commercial Property Fund's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Elanor Commercial Property Fund Inventory Turnover Historical Data

The historical data trend for Elanor Commercial Property Fund'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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Elanor Commercial Property Fund Inventory Turnover Chart

Elanor Commercial Property Fund Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

Elanor Commercial Property Fund Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial				-	-	-	-	-

Elanor Commercial Property Fund Inventory Turnover Calculation

Elanor Commercial Property Fund's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	3.405	/ (	(0	+	0)	/	1 )
=	3.405	/	0
=	N/A

Elanor Commercial Property Fund'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 )
=	1.611	/ (	(0	+	0)	/	1 )
=	1.611	/	0
=	N/A

Elanor Commercial Property Fund (ASX:ECF) 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.

Elanor Commercial Property Fund'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
	=	0	/	1.611	*	365 / 2
	=	0.00

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.

Elanor Commercial Property Fund'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 )
	=	0	/	25.864
	=	0.00

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.

Elanor Commercial Property Fund Inventory Turnover Related Terms

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Elanor Commercial Property Fund (ASX:ECF) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

259 George Street, Level 38, Sydney, NSW, AUS, 2000

Website

https://www.elanorinvestors.com

Elanor Commercial Property Fund is engaged in the Australian real estate investment and funds management business. The key investment sector focuses are the commercial real estate, retail real estate and the hotels, tourism and leisure sectors. The only operating business segment, being the investment in commercial properties in Australia. The company derives maximum revenue generated from a diversified portfolio of Government, Multinational and ASX listed tenants.