IRSA Propiedades Comerciales (BUE:IRCP) Inventory Turnover: 29.60 (As of Sep. 2021)


BUE:IRCP IRSA Propiedades Comerciales SA BUE:IRCP
5 GF Score
Price ARS128.90
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What is IRSA Propiedades Comerciales Inventory Turnover?

IRSA Propiedades Comerciales BUE:IRCP 5 Inventory Turnover is 29.60 as of Sep. 2021. GuruFocus rates BUE:IRCP with a GF Score™ of 5/100.

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. IRSA Propiedades Comerciales's Cost of Goods Sold for the three months ended in Sep. 2021 was ARS1,406 Mil. IRSA Propiedades Comerciales's Average Total Inventories for the quarter that ended in Sep. 2021 was ARS48 Mil. IRSA Propiedades Comerciales's Inventory Turnover for the quarter that ended in Sep. 2021 was 29.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. IRSA Propiedades Comerciales's Days Inventory for the three months ended in Sep. 2021 was 3.08.

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. IRSA Propiedades Comerciales's Inventory-to-Revenue for the quarter that ended in Sep. 2021 was 0.01.

IRSA Propiedades Comerciales  (BUE:IRCP) 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.

IRSA Propiedades Comerciales's Days Inventory for the three months ended in Sep. 2021 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2021 )/Cost of Goods Sold (Q: Sep. 2021 )*Days in Period
=47.5/1406*365 / 4
=3.08

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.

IRSA Propiedades Comerciales's Inventory to Revenue for the quarter that ended in Sep. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2021 ) / Revenue (Q: Sep. 2021 )
=47.5 / 3878
=0.01

* 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.

IRSA Propiedades Comerciales Inventory Turnover Related Terms

IRSA Propiedades Comerciales Inventory Turnover Historical Data

* Premium members only.

The historical data trend for IRSA Propiedades Comerciales'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.

IRSA Propiedades Comerciales Inventory Turnover Chart

IRSA Propiedades Comerciales Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 204.64 174.49 177.23 111.05 77.58

IRSA Propiedades Comerciales Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Inventory Turnover 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.37 21.19 23.20 31.87 29.60
BUE:IRCP
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IRSA Propiedades Comerciales SA BUE:IRCP
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IRSA Propiedades Comerciales Inventory Turnover Calculation

IRSA Propiedades Comerciales's Inventory Turnover for the fiscal year that ended in Jun. 2021 is calculated as

Inventory Turnover (A: Jun. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2021 ) / ((Total Inventories (A: Jun. 2020 ) + Total Inventories (A: Jun. 2021 )) / count )
=4422 / ((68 + 46) / 2 )
=4422 / 57
=77.58

IRSA Propiedades Comerciales's Inventory Turnover for the quarter that ended in Sep. 2021 is calculated as

Inventory Turnover (Q: Sep. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2021 ) / ((Total Inventories (Q: Jun. 2021 ) + Total Inventories (Q: Sep. 2021 )) / count )
=1406 / ((46 + 49) / 2 )
=1406 / 47.5
=29.60

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 29.60 mean?
IRSA Propiedades Comerciales (BUE:IRCP) has a Inventory Turnover of 29.60 as of Sep. 2021. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on IRSA Propiedades Comerciales and its competitors.
Is IRSA Propiedades Comerciales' Inventory Turnover too high?
IRSA Propiedades Comerciales' current Inventory Turnover is 29.60. Overall, IRSA Propiedades Comerciales has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does IRSA Propiedades Comerciales' Inventory Turnover compare to TCI and QK?
IRSA Propiedades Comerciales' Inventory Turnover of 29.60 can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Real Estate company?
A good Inventory Turnover depends on the Real Estate industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on IRSA Propiedades Comerciales and its competitors. IRSA Propiedades Comerciales's current Inventory Turnover is 29.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRSA Propiedades Comerciales stock overvalued right now?
IRSA Propiedades Comerciales (BUE:IRCP) has a current Inventory Turnover of 29.60. The current Inventory Turnover is 29.60. IRSA Propiedades Comerciales' overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For IRSA Propiedades Comerciales (BUE:IRCP), the current Inventory Turnover is 29.60 as of Sep. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

IRSA Propiedades Comerciales Business Description

Address Moreno 877, 22nd Floor, Ciudad Autonoma de Buenos Aires, Buenos Aires, ARG, C1091AAQ
IRSA Propiedades Comerciales SA is engaged in the ownership, lease, management, development, operation, and purchase of shopping centers. Its primarily owns, purchases, develops, leases, manages and operates shopping centers. Its business segments include Shopping Malls, Offices, Sales and Developments, and Others. The Shopping Malls segment is a key revenue driver, is engaged in the operation and development of shopping malls. Offices and Others segment consists of leasing of properties and other rental properties and services related to them. Its Sales and Development segment covers sales of undeveloped parcels of land and properties and activities relating to property maintenance.
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ARS128.90
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