Castleview Property Fund (JSE:CVW) Days Inventory : 166.91 (As of Sep. 2023)

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What is Castleview Property Fund Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Castleview Property Fund's Average Total Inventories for the six months ended in Sep. 2023 was R420 Mil. Castleview Property Fund's Cost of Goods Sold for the six months ended in Sep. 2023 was R459 Mil. Hence, Castleview Property Fund's Days Inventory for the six months ended in Sep. 2023 was 166.91.

The historical rank and industry rank for Castleview Property Fund's Days Inventory or its related term are showing as below:

JSE:CVW' s Days Inventory Range Over the Past 10 Years
Min: 0 Med: 0 Max: 333.82
Current: 333.82

During the past 5 years, Castleview Property Fund's highest Days Inventory was 333.82. The lowest was 0.00. And the median was 0.00.

JSE:CVW's Days Inventory is not ranked
in the REITs industry.
Industry Median: 95.27 vs JSE:CVW: 333.82

Castleview Property Fund's Days Inventory increased from Aug. 2022 (0.00) to Sep. 2023 (166.91). It might indicate that Castleview Property Fund's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Castleview Property Fund's Inventory Turnover for the six months ended in Sep. 2023 was 1.09.

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. Castleview Property Fund's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.40.

Castleview Property Fund Days Inventory Historical Data

The historical data trend for Castleview Property Fund'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.

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Castleview Property Fund Days Inventory Chart

Castleview Property Fund Annual Data

Trend

Feb18

Feb19

Feb20

Feb21

Feb22

Days Inventory

Castleview Property Fund Semi-Annual Data
	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Sep23
Days Inventory	Get a 7-Day Free Trial						-	-	-	-	166.91

Competitive Comparison of Castleview Property Fund's Days Inventory

For the REIT - Retail subindustry, Castleview Property Fund'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.

Castleview Property Fund's Days Inventory Distribution in the REITs Industry

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

* The bar in red indicates where Castleview Property Fund's Days Inventory falls into.

Castleview Property Fund Days Inventory Calculation

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

Castleview Property Fund's Days Inventory for the fiscal year that ended in Feb. 2022 is calculated as

	Days Inventory (A: Feb. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Feb. 2021 )	+	Total Inventories (A: Feb. 2022 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2022 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	22.974	*	365
=	0					/	22.974	*	365
=	0.00

Castleview Property Fund's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Feb. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (406.429	+	433.051)	/	2 )	/	458.948	*	365 / 2
=	419.74					/	458.948	*	365 / 2
=	166.91

Castleview Property Fund (JSE:CVW) 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.

Castleview Property Fund's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	458.948	/	419.74
	=	1.09

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.

Castleview Property Fund's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	419.74	/	1040.135
	=	0.40

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.

Castleview Property Fund Days Inventory Related Terms

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Castleview Property Fund (JSE:CVW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Castleview Property Fund Ltd (JSE:CVW) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

13 Hudson Street, De Waterkant, Woodstock, Cape Town, WC, ZAF, 8001

Website

https://www.castleview.co.za

Castleview Property Fund Ltd is a property holding and investment company in South Africa. Principally, it invests in a diversified portfolio of retail properties situated in South Africa. The company also invests in regional shopping centers like Pier 14 Shopping Centre located in the Eastern Cape.

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