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Shui On Land (FRA:OL5) Inventory Turnover : 0.37 (As of Dec. 2023)


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What is Shui On Land 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. Shui On Land's Cost of Goods Sold for the six months ended in Dec. 2023 was €157 Mil. Shui On Land's Average Total Inventories for the quarter that ended in Dec. 2023 was €428 Mil. Shui On Land's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shui On Land's Days Inventory for the six months ended in Dec. 2023 was 496.77.

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. Shui On Land's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.00.


Shui On Land Inventory Turnover Historical Data

The historical data trend for Shui On Land'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.

* Premium members only.

Shui On Land Inventory Turnover Chart

Shui On Land Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.11 0.61 0.87 0.97

Shui On Land 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 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 0.22 0.12 0.76 0.68 0.37

Shui On Land Inventory Turnover Calculation

Shui On Land's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=604.51 / ((853.049 + 388.622) / 2 )
=604.51 / 620.8355
=0.97

Shui On Land'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 )
=157.324 / ((467.854 + 388.622) / 2 )
=157.324 / 428.238
=0.37

* 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.


Shui On Land  (FRA:OL5) 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.

Shui On Land'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
=428.238/157.324*365 / 2
=496.77

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.

Shui On Land'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 )
=428.238 / 426.509
=1.00

* 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.


Shui On Land Inventory Turnover Related Terms

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Shui On Land (FRA:OL5) Business Description

Traded in Other Exchanges
Address
333 Huai Hai Zhong Road, 26th Floor, Shui On Plaza, Shanghai, CHN, 200021
Shui On Land Ltd is an investment holding company. It develops and operates residential, office, retail, entertainment, and cultural properties. The reportable segments of the company are 1) The Property Development segment is concerned with the development and sale of properties. 2) The construction segment offers construction, interior fitting-out, renovation and maintenance of building premises. 3) The Property investment segment includes offices and commercial / mall leasing. 4) The Property management segment includes the provision of daily management services of properties.

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