Land Securities Group (CHIX:LANDL) Inventory Turnover : 1.48 (As of Sep. 2024)

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What is Land Securities 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. Land Securities Group's Cost of Goods Sold for the six months ended in Sep. 2024 was £146.0 Mil. Land Securities Group's Average Total Inventories for the quarter that ended in Sep. 2024 was £98.5 Mil. Land Securities Group's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Land Securities Group's Days Inventory for the six months ended in Sep. 2024 was 123.13.

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. Land Securities Group's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.26.

Land Securities Group Inventory Turnover Historical Data

The historical data trend for Land Securities 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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Land Securities Group Inventory Turnover Chart

Land Securities Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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7.15

4.60

2.39

2.07

2.97

Land Securities Group Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															1.00	1.04	1.30	1.66	1.48

Land Securities Group Inventory Turnover Calculation

Land Securities Group's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	324	/ (	(118	+	100)	/	2 )
=	324	/	109
=	2.97

Land Securities Group's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	146	/ (	(100	+	97)	/	2 )
=	146	/	98.5
=	1.48

Land Securities Group (CHIX:LANDl) 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.

Land Securities Group's Days Inventory for the six months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	98.5	/	146	*	365 / 2
	=	123.13

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.

Land Securities Group's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	98.5	/	383
	=	0.26

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.

Land Securities Group Inventory Turnover Related Terms

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Land Securities Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Land Securities Group PLC (CHIX:LANDl) » Definitions » Inventory Turnover

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LSGOF:USA LDSCY:USA LAND:UK LSU2:Germany

Address

100 Victoria Street, London, GBR, SW1E 5JL

Website

https://www.landsec.com

Land Securities Group PLC is a real estate investment trust engaged in buying, selling, developing, and managing commercial property in the United Kingdom. The company's real estate portfolio is made up of office, retail, and leisure spaces in the London and Greater London regions. Office locations in London's West End, offices in the City of London, and shopping centers comprise the majority of the value of Land Securities' total assets. The company derives nearly all of its revenue in the form of rental income from medium- to long-term leases with tenants. Land Securities' overall net rental income is fairly evenly split between revenue from its London office properties and its retail properties in Greater London.

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