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Real Estate (ASX:RNC) Inventory Turnover : 0.00 (As of Dec. 2013)


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What is Real Estate 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. Real Estate's Cost of Goods Sold for the six months ended in Dec. 2013 was A$0.28 Mil. Real Estate's Average Total Inventories for the quarter that ended in Dec. 2013 was A$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Real Estate's Days Inventory for the six months ended in Dec. 2013 was 0.00.

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. Real Estate's Inventory-to-Revenue for the quarter that ended in Dec. 2013 was 0.00.


Real Estate Inventory Turnover Historical Data

The historical data trend for Real Estate'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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Real Estate Inventory Turnover Chart

Real Estate Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Inventory Turnover
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Real Estate Semi-Annual Data
Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
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Real Estate Inventory Turnover Calculation

Real Estate's Inventory Turnover for the fiscal year that ended in Jun. 2013 is calculated as

Inventory Turnover (A: Jun. 2013 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2013 ) / ((Total Inventories (A: Jun. 2012 ) + Total Inventories (A: Jun. 2013 )) / count )
=0.396 / ((0 + 0) / 1 )
=0.396 / 0
=N/A

Real Estate's Inventory Turnover for the quarter that ended in Dec. 2013 is calculated as

Inventory Turnover (Q: Dec. 2013 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2013 ) / ((Total Inventories (Q: Jun. 2013 ) + Total Inventories (Q: Dec. 2013 )) / count )
=0.277 / ((0 + 0) / 1 )
=0.277 / 0
=N/A

* 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.


Real Estate  (ASX:RNC) 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.

Real Estate's Days Inventory for the six months ended in Dec. 2013 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2013 )/Cost of Goods Sold (Q: Dec. 2013 )*Days in Period
=0/0.277*365 / 2
=0.00

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.

Real Estate's Inventory to Revenue for the quarter that ended in Dec. 2013 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2013 ) / Revenue (Q: Dec. 2013 )
=0 / 15.571
=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.


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.


Real Estate Inventory Turnover Related Terms

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Real Estate Business Description

Traded in Other Exchanges
N/A
Address
Run Corp Limited (RNC) is a specialist residential property management company that operates over 20,000 residential properties under management in Melbourne, Sydney, and Brisbane. During the fiscal year 2008, the company launched a new service, branded Agentplus, providing real estate agents with a packaged back-office solution.

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