Texton Property Fund (JSE:TEX) Days Inventory : 0.00 (As of Dec. 2024)

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What is Texton Property Fund Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Texton Property Fund's Average Total Inventories for the six months ended in Dec. 2024 was R0.0 Mil. Texton Property Fund's Cost of Goods Sold for the six months ended in Dec. 2024 was R55.9 Mil. Hence, Texton Property Fund's Days Inventory for the six months ended in Dec. 2024 was 0.00.

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

JSE:TEX's Days Inventory is not ranked ^*
in the REITs industry.
Industry Median: 117.52
* Ranked among companies with meaningful Days Inventory only.

Texton Property Fund's Days Inventory stayed the same from Dec. 2023 (0.00) to Dec. 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. Texton Property Fund's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.00.

Texton Property Fund Days Inventory Historical Data

The historical data trend for Texton 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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Texton Property Fund Days Inventory Chart

Texton Property Fund Annual Data

Trend

Jun15

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Jun24

Days Inventory

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Texton Property Fund Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Texton Property Fund's Days Inventory

For the REIT - Office subindustry, Texton 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.

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

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

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

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Texton Property Fund Days Inventory Calculation

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

Texton Property Fund's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

	Days Inventory (A: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	106.338	*	365
=	0					/	106.338	*	365
=	0.00

Texton Property Fund's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	55.928	*	365 / 2
=	0					/	55.928	*	365 / 2
=	0.00

Texton Property Fund (JSE:TEX) 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.

Texton Property Fund's Inventory Turnover for the six months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	55.928	/	0
	=

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.

Texton Property Fund's Inventory to Revenue for the six months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	134.453
	=	0.00

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.

Texton Property Fund Days Inventory Related Terms

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Texton Property Fund Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

151 Katherine Street, Block D, Vunani Office Park, Sandton, Johannesburg, GT, ZAF, 2031

Website

https://www.texton.co.za

Texton Property Fund Ltd is a property investment fund. It invests directly in income-producing office properties that offer attractive income and capital appreciation. The overall objective of the fund is to grow its asset base, by investing in well priced, income and quality enhancing investment properties to optimize returns over time for shareholders. It holds an interest in properties such as Alrode industrial park, Babcock House, Bawtry 270, Belvedere place, Bonmarche and Poundland, Bryanston gate office park, and many others. The Group has three reportable segments: SA direct property, which derives maximum revenue; UK direct property; and International investments. Direct property investments are split into office, retail and industrial.