British Land Co (LSE:BLND) Inventory Turnover : 4.55 (As of Sep. 2023)

View and export this data going back to 1951. Start your Free Trial

What is British Land 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. British Land Co's Cost of Goods Sold for the six months ended in Sep. 2023 was £100.0 Mil. British Land Co's Average Total Inventories for the quarter that ended in Sep. 2023 was £22.0 Mil. British Land Co's Inventory Turnover for the quarter that ended in Sep. 2023 was 4.55.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. British Land Co's Days Inventory for the six months ended in Sep. 2023 was 40.15.

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. British Land Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.06.

British Land Co Inventory Turnover Historical Data

The historical data trend for British Land 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.

British Land Co Inventory Turnover Chart

British Land Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

Get a 7-Day Free Trial

1.92

4.07

7.83

6.05

4.85

British Land Co Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															4.59	1.78	2.83	2.30	4.55

British Land Co Inventory Turnover Calculation

British Land Co's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	97	/ (	(18	+	22)	/	2 )
=	97	/	20
=	4.85

British Land Co's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	100	/ (	(22	+	22)	/	2 )
=	100	/	22
=	4.55

British Land Co (LSE:BLND) 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.

British Land Co's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	22	/	100	*	365 / 2
	=	40.15

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.

British Land Co's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	22	/	386
	=	0.06

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.

British Land Co Inventory Turnover Related Terms

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

British Land Co (LSE:BLND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » British Land Co PLC (LSE:BLND) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

BTLCY:USA BRLAF:USA BLNDl:UK BLD:Germany

Address

45 Seymour Street, York House, London, GBR, W1H 7LX

Website

https://www.britishland.com

British Land Co PLC is a real estate investment trust that owns, manages, and develops a portfolio of properties across the United Kingdom. The REIT categorizes its portfolio into three types: Offices, Retail, and Canada Water. The retail and leisure portfolio, which accounts for approximately half of total assets, consists of retail stores, shopping centers, and leisure venues. The offices and residential portfolio focuses on offices and residential buildings in London and the West End region and also accounts for approximately half of the entire portfolio. Development, the remaining small portion of portfolio value, represents British Land's London-based development projects.