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Taubman Centers (Taubman Centers) Inventory Turnover : 0.00 (As of Sep. 2020)


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What is Taubman Centers 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. Taubman Centers's Cost of Goods Sold for the three months ended in Sep. 2020 was $0.44 Mil. Taubman Centers's Average Total Inventories for the quarter that ended in Sep. 2020 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Taubman Centers's Days Inventory for the three months ended in Sep. 2020 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. Taubman Centers's Inventory-to-Revenue for the quarter that ended in Sep. 2020 was 0.00.


Taubman Centers Inventory Turnover Historical Data

The historical data trend for Taubman Centers'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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Taubman Centers Inventory Turnover Chart

Taubman Centers Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Inventory Turnover
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Taubman Centers Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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Taubman Centers Inventory Turnover Calculation

Taubman Centers's Inventory Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Inventory Turnover (A: Dec. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2019 ) / ((Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count )
=3.582 / ((0 + 0) / 1 )
=3.582 / 0
=N/A

Taubman Centers's Inventory Turnover for the quarter that ended in Sep. 2020 is calculated as

Inventory Turnover (Q: Sep. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2020 ) / ((Total Inventories (Q: Jun. 2020 ) + Total Inventories (Q: Sep. 2020 )) / count )
=0.435 / ((0 + 0) / 1 )
=0.435 / 0
=N/A

* 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.


Taubman Centers  (NYSE:TCOpJ.PFD) 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.

Taubman Centers's Days Inventory for the three months ended in Sep. 2020 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2020 )/Cost of Goods Sold (Q: Sep. 2020 )*Days in Period
=0/0.435*365 / 4
=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.

Taubman Centers's Inventory to Revenue for the quarter that ended in Sep. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2020 ) / Revenue (Q: Sep. 2020 )
=0 / 130.998
=0.00

* 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.


Taubman Centers Inventory Turnover Related Terms

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Taubman Centers (Taubman Centers) Business Description

Traded in Other Exchanges
N/A
Address
200 East Long Lake Road, Suite 300, Bloomfield Hills, MI, USA, 48304-2324
Taubman Centers Inc is engaged in the ownership, leasing, acquisition, disposition, development, expansion, and management of shopping centers. The company owns or operates a collection of over 20 urban and suburban shopping centers in U.S. states, Puerto Rico, South Korea, and China. Some of the operating malls of the group are Cherry Creek Shopping center, City Creek Center, Dolphin Mall, Fair Oaks Mall, and Stamford Town Center. Taubman derives its revenue by offering its properties on lease.