Centuria Capital Group (ASX:CNI) Inventory Turnover : 0.27 (As of Dec. 2023)

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What is Centuria Capital Group Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Centuria Capital Group's Cost of Goods Sold for the six months ended in Dec. 2023 was A$23.5 Mil. Centuria Capital Group's Average Total Inventories for the quarter that ended in Dec. 2023 was A$87.1 Mil. Centuria Capital Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Centuria Capital Group's Days Inventory for the six months ended in Dec. 2023 was 675.14.

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. Centuria Capital Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.77.

Centuria Capital Group Inventory Turnover Historical Data

The historical data trend for Centuria Capital Group's Inventory Turnover 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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Centuria Capital Group Inventory Turnover Chart

Centuria Capital Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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1.06

Centuria Capital Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-	-	0.11	0.61	0.27

Centuria Capital Group Inventory Turnover Calculation

Centuria Capital Group's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	93.705	/ (	(0	+	88.708)	/	1 )
=	93.705	/	88.708
=	1.06

Centuria Capital Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	23.533	/ (	(88.708	+	85.407)	/	2 )
=	23.533	/	87.0575
=	0.27

Centuria Capital Group (ASX:CNI) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Centuria Capital Group's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	87.0575	/	23.533	*	365 / 2
	=	675.14

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.

Centuria Capital Group's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	87.0575	/	113.502
	=	0.77

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Centuria Capital Group Inventory Turnover Related Terms

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Centuria Capital Group (ASX:CNI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Centuria Capital Group (ASX:CNI) » Definitions » Inventory Turnover

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N/A

Address

2 Chifley Square, Level 41, Chifley Tower, Sydney, NSW, AUS, 2000

Website

https://www.centuria.com.au

Centuria Capital Group runs retail, wholesale, and institutional property investments. Assets are roughly one third each in office, industrial, and another third in retail, healthcare, agricultural property, and real estate finance. About one third of FUM is in listed REITs, a third in unlisted wholesale funds, and nearly another third in unlisted retail funds and a small amount in institutional vehicles. The group's AUD 21 billion in FUM grew rapidly from less than AUD 5 billion in FUM in 2018. Acquisitions of Augusta Capital, 360 Capital, PrimeWest, and others supercharged FUM growth. Centuria's main revenue sources are management fees on its funds, development profits, and rental income from co-investments in its funds. Centuria is the largest securityholder in its listed REITs.