Australand Property Group (FRA:PQP1) Inventory Turnover : 0.74 (As of Jun. 2014)

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What is Australand Property 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. Australand Property Group's Cost of Goods Sold for the six months ended in Jun. 2014 was €142.9 Mil. Australand Property Group's Average Total Inventories for the quarter that ended in Jun. 2014 was €193.1 Mil. Australand Property Group's Inventory Turnover for the quarter that ended in Jun. 2014 was 0.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Australand Property Group's Days Inventory for the six months ended in Jun. 2014 was 246.60.

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. Australand Property Group's Inventory-to-Revenue for the quarter that ended in Jun. 2014 was 0.85.

Australand Property Group Inventory Turnover Historical Data

The historical data trend for Australand Property 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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Australand Property Group Inventory Turnover Chart

Australand Property Group Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Inventory Turnover

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1.60

1.53

1.29

1.96

2.41

Australand Property Group Semi-Annual Data
	Dec04	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14
Inventory Turnover	Get a 7-Day Free Trial															0.68	1.03	0.79	1.62	0.74

Australand Property Group Inventory Turnover Calculation

Australand Property Group's Inventory Turnover for the fiscal year that ended in Dec. 2013 is calculated as

	Inventory Turnover (A: Dec. 2013 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2013 )	/ (	(Total Inventories (A: Dec. 2012 )	+	Total Inventories (A: Dec. 2013 ))	/	count )
=	509.667	/ (	(246.21	+	177.087)	/	2 )
=	509.667	/	211.6485
=	2.41

Australand Property Group's Inventory Turnover for the quarter that ended in Jun. 2014 is calculated as

	Inventory Turnover (Q: Jun. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2014 )	/ (	(Total Inventories (Q: Dec. 2013 )	+	Total Inventories (Q: Jun. 2014 ))	/	count )
=	142.938	/ (	(177.087	+	209.198)	/	2 )
=	142.938	/	193.1425
=	0.74

Australand Property Group (FRA:PQP1) 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.

Australand Property Group's Days Inventory for the six months ended in Jun. 2014 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2014 )	/	Cost of Goods Sold (Q: Jun. 2014 )	*	Days in Period
	=	193.1425	/	142.938	*	365 / 2
	=	246.60

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.

Australand Property Group's Inventory to Revenue for the quarter that ended in Jun. 2014 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2014 )	/	Revenue (Q: Jun. 2014 )
	=	193.1425	/	228.241
	=	0.85

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.

Australand Property Group Inventory Turnover Related Terms

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Australand Property Group (FRA:PQP1) Business Description

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Address

Website

http://www.australand.com.au

Australand Property Group is a stapled security comprising a unit in three trusts and a share in the management company. It owns, develops, and manages industrial, residential and investment property. Activities include development of residential land, housing and apartments, development of and investment in income producing commercial and industrial properties, and property management.

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