Retail Estates (LTS:0FSO) Days Inventory : 0.67 (As of Sep. 2023)

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What is Retail Estates Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Retail Estates's Average Total Inventories for the six months ended in Sep. 2023 was €0.1 Mil. Retail Estates's Cost of Goods Sold for the six months ended in Sep. 2023 was €15.5 Mil. Hence, Retail Estates's Days Inventory for the six months ended in Sep. 2023 was 0.67.

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

LTS:0FSO' s Days Inventory Range Over the Past 10 Years
Min: 0.45 Med: 1.63 Max: 4.36
Current: 0.45

During the past 13 years, Retail Estates's highest Days Inventory was 4.36. The lowest was 0.45. And the median was 1.63.

LTS:0FSO's Days Inventory is ranked better than
95.83% of 144 companies
in the REITs industry
Industry Median: 84.855 vs LTS:0FSO: 0.45

Retail Estates's Days Inventory increased from Sep. 2022 (0.32) to Sep. 2023 (0.67). It might indicate that Retail Estates's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Retail Estates's Inventory Turnover for the six months ended in Sep. 2023 was 272.33.

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. Retail Estates's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.00.

Retail Estates Days Inventory Historical Data

The historical data trend for Retail Estates'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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Retail Estates Days Inventory Chart

Retail Estates Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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1.63

1.77

1.26

0.62

0.50

Retail Estates Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial															0.96	0.32	0.32	0.63	0.67

Competitive Comparison of Retail Estates's Days Inventory

For the REIT - Retail subindustry, Retail Estates'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.

Retail Estates's Days Inventory Distribution in the REITs Industry

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

* The bar in red indicates where Retail Estates's Days Inventory falls into.

Retail Estates Days Inventory Calculation

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

Retail Estates's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0.022	+	0.057)	/	2 )	/	28.884	*	365
=	0.0395					/	28.884	*	365
=	0.50

Retail Estates'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: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.057	+	0)	/	1 )	/	15.523	*	365 / 2
=	0.057					/	15.523	*	365 / 2
=	0.67

Retail Estates (LTS:0FSO) 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.

Retail Estates's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	15.523	/	0.057
	=	272.33

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.

Retail Estates's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.057	/	74.474
	=	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.

Retail Estates Days Inventory Related Terms

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

Retail Estates (LTS:0FSO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Retail Estates SA (LTS:0FSO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

R6N:Germany RET:Belgium

Address

Industrielaan 6, Ternat, BEL, B-1740

Website

https://www.retailestates.com

Retail Estates SA is a real estate investment trust that invests mainly in retail properties located on the periphery of residential areas or along access roads to urban centers, mainly in the Flemish and Wallonia Regions of Belgium. The company buys these properties from third parties or builds and markets retail buildings for its account. It rents its properties in a structural state, with the furnishings, fittings, and maintenance left to the discretion of the tenants. Geographically, it derives a majority of its revenue in the form of rental income from Belgium.

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