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Redefine Properties (JSE:RDF) Days Inventory : 0.00 (As of Feb. 2024)


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What is Redefine Properties Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Redefine Properties's Average Total Inventories for the six months ended in Feb. 2024 was R0 Mil. Redefine Properties's Cost of Goods Sold for the six months ended in Feb. 2024 was R2,072 Mil. Hence, Redefine Properties's Days Inventory for the six months ended in Feb. 2024 was 0.00.

The historical rank and industry rank for Redefine Properties's Days Inventory or its related term are showing as below:

JSE:RDF' s Days Inventory Range Over the Past 10 Years
Min: 0.18   Med: 12.46   Max: 40.61
Current: 12.14

During the past 13 years, Redefine Properties's highest Days Inventory was 40.61. The lowest was 0.18. And the median was 12.46.

JSE:RDF's Days Inventory is ranked better than
74.5% of 149 companies
in the REITs industry
Industry Median: 95.27 vs JSE:RDF: 12.14

Redefine Properties's Days Inventory declined from Feb. 2023 (12.70) to Feb. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Redefine Properties's Inventory-to-Revenue for the six months ended in Feb. 2024 was 0.00.


Redefine Properties Days Inventory Historical Data

The historical data trend for Redefine Properties'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.

* Premium members only.

Redefine Properties Days Inventory Chart

Redefine Properties Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.15 40.61 22.11 17.49 12.46

Redefine Properties Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.93 14.35 12.70 - -

Competitive Comparison of Redefine Properties's Days Inventory

For the REIT - Diversified subindustry, Redefine Properties'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.


Redefine Properties's Days Inventory Distribution in the REITs Industry

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

* The bar in red indicates where Redefine Properties's Days Inventory falls into.



Redefine Properties Days Inventory Calculation

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

Redefine Properties's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

Days Inventory (A: Aug. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (136.7 + 0) / 1 ) / 4003.302*365
=136.7 / 4003.302*365
=12.46

Redefine Properties's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 2071.788*365 / 2
=0 / 2071.788*365 / 2
=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.


Redefine Properties  (JSE:RDF) 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.

Redefine Properties's Inventory Turnover for the six months ended in Feb. 2024 is calculated as

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.

Redefine Properties's Inventory to Revenue for the six months ended in Feb. 2024 is calculated as

* 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

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.


Redefine Properties Days Inventory Related Terms

Thank you for viewing the detailed overview of Redefine Properties's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Redefine Properties (JSE:RDF) Business Description

Traded in Other Exchanges
N/A
Address
155 West Street, 4th floor, Sandown, Sandton, Johannesburg, GT, ZAF, 2196
Redefine Properties Ltd is a South African real estate investment trust involved in the ownership of office, retail, and industrial properties. The vast majority of Redefine's real estate portfolio is located in South Africa and Poland .Within South Africa, over half of the company's properties are in the province of Gauteng in terms of total value. The group comprises of segments in the local portfolio, being office, retail, industrial, specialised and head office, and the international portfolio being EPP, Redefine Europe and other. Majority of revenue is generated from EPP, international portfolio.

Redefine Properties (JSE:RDF) Headlines

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