Wharf Real Estate Investment Co (HKSE:01997) Inventory Turnover : 1.05 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Wharf Real Estate Investment Co 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. Wharf Real Estate Investment Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,461 Mil. Wharf Real Estate Investment Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$1,394 Mil. Wharf Real Estate Investment Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wharf Real Estate Investment Co's Days Inventory for the six months ended in Dec. 2023 was 174.13.

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. Wharf Real Estate Investment Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.20.

Wharf Real Estate Investment Co Inventory Turnover Historical Data

The historical data trend for Wharf Real Estate Investment Co'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.

Wharf Real Estate Investment Co Inventory Turnover Chart

Wharf Real Estate Investment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

0.55

0.84

1.41

1.20

1.78

Wharf Real Estate Investment Co Semi-Annual Data
	Dec14	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													0.96	0.57	0.66	0.67	1.05

Wharf Real Estate Investment Co Inventory Turnover Calculation

Wharf Real Estate Investment Co'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 )
=	2622	/ (	(1809	+	1135)	/	2 )
=	2622	/	1472
=	1.78

Wharf Real Estate Investment Co'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 )
=	1461	/ (	(1653	+	1135)	/	2 )
=	1461	/	1394
=	1.05

Wharf Real Estate Investment Co (HKSE:01997) 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.

Wharf Real Estate Investment Co'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
	=	1394	/	1461	*	365 / 2
	=	174.13

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.

Wharf Real Estate Investment Co'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 )
	=	1394	/	6833
	=	0.20

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.

Wharf Real Estate Investment Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Wharf Real Estate Investment Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Wharf Real Estate Investment Co (HKSE:01997) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wharf Real Estate Investment Co Ltd (HKSE:01997) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

WRFRF:USA 4WF:Germany

Address

https://www.wharfreic.com/en/investor/reports, 16th Floor, Ocean Centre, Harbour City, Kowloon, Hong Kong, HKG

Website

https://www.wharfreic.com

Wharf spun off Wharf Real Estate Investment Co in November 2017. It is a leading property investor with a focus in prime retail assets in Hong Kong. Rental income from two flagship assets Harbour City and Times Square account for around 80% of revenue. The balance is made up of The Murray hotel, a suburban mall in Plaza Hollywood, two offices in Central CBD. The group also holds two malls in Singapore and a mixed-development in Suzhou. Wharf was originally a shipping company but transformed into a property developer and investor in the 1960s by redeveloping its unused industrial assets, many located in city-center and waterfront locations. The Harbour City site was previously wharfs, and the Times Square site was a tram depot in the 1970s. Wheelock holds a 45% stake in WREIC.

Wharf Real Estate Investment Co (HKSE:01997) Headlines

No Headlines