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Spear REIT (JSE:SEA) Inventory-to-Revenue : 1.31 (As of Feb. 2024)


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What is Spear REIT Inventory-to-Revenue?

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. Spear REIT's Average Total Inventories for the quarter that ended in Feb. 2024 was R421.5 Mil. Spear REIT's Revenue for the six months ended in Feb. 2024 was R322.2 Mil. Spear REIT's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 1.31.

Spear REIT's Inventory-to-Revenue for the quarter that ended in Feb. 2024 declined from Aug. 2023 (1.40) to Aug. 2023 (1.31)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Spear REIT's Days Inventory for the six months ended in Feb. 2024 was 677.22.

Inventory Turnover measures how fast the company turns over its inventory within a year. Spear REIT's Inventory Turnover for the quarter that ended in Feb. 2024 was 0.27.


Spear REIT Inventory-to-Revenue Historical Data

The historical data trend for Spear REIT's Inventory-to-Revenue 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.

Spear REIT Inventory-to-Revenue Chart

Spear REIT Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Inventory-to-Revenue
Get a 7-Day Free Trial 0.14 - 0.12 0.43 0.70

Spear REIT Semi-Annual Data
Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Inventory-to-Revenue 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 0.25 0.27 0.88 1.40 1.31

Competitive Comparison of Spear REIT's Inventory-to-Revenue

For the REIT - Diversified subindustry, Spear REIT's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


Spear REIT's Inventory-to-Revenue Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Spear REIT's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Spear REIT's Inventory-to-Revenue falls into.



Spear REIT Inventory-to-Revenue Calculation

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.

Spear REIT's Inventory-to-Revenue for the fiscal year that ended in Feb. 2024 is calculated as

Inventory-to-Revenue (A: Feb. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Feb. 2023 ) + Total Inventories (A: Feb. 2024 )) / count ) / Revenue (A: Feb. 2024 )
=( (422.676 + 443) / 2 ) / 615.893
=432.838 / 615.893
=0.70

Spear REIT's Inventory-to-Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue (Q: Feb. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Aug. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Revenue (Q: Feb. 2024 )
=( (400 + 443) / 2 ) / 322.194
=421.5 / 322.194
=1.31

* 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.


Spear REIT  (JSE:SEA) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Spear REIT's Days Inventory for the six months ended in Feb. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Feb. 2024 )/Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=421.5/113.588*365 / 2
=677.22

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

Spear REIT's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Feb. 2024 ) / Average Total Inventories (Q: Feb. 2024 )
=113.588 / 421.5
=0.27

* 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.


Spear REIT Inventory-to-Revenue Related Terms

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Spear REIT (JSE:SEA) Business Description

Traded in Other Exchanges
N/A
Address
2 Long Street, PO Box 50, 16th Floor, Cape Town, ZAF, 8001
Spear REIT Ltd is a real estate investment trust. The company is a diversified property investment company investing in real estate sectors including office, retail, industrial, residential, and hospitality. Its operating business segments are Industrial, Commercial, Retail, Hospitality, Residential, Development, and Non-property. The segments derive their revenue mainly from rental income from leases. The company derives maximum revenue from the Industrial segment.

Spear REIT (JSE:SEA) Headlines

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