Riocan Real Estate Investment Trust (FRA:R7G) Inventory Turnover : 0.56 (As of Dec. 2024)

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What is Riocan Real Estate Investment Trust 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. Riocan Real Estate Investment Trust's Cost of Goods Sold for the three months ended in Dec. 2024 was €108.3 Mil. Riocan Real Estate Investment Trust's Average Total Inventories for the quarter that ended in Dec. 2024 was €193.6 Mil. Riocan Real Estate Investment Trust's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Riocan Real Estate Investment Trust's Days Inventory for the three months ended in Dec. 2024 was 163.03.

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. Riocan Real Estate Investment Trust's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.81.

Riocan Real Estate Investment Trust Inventory Turnover Historical Data

The historical data trend for Riocan Real Estate Investment Trust'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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Riocan Real Estate Investment Trust Inventory Turnover Chart

Riocan Real Estate Investment Trust Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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2.81

2.28

2.05

1.66

1.97

Riocan Real Estate Investment Trust Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.53	0.55	0.42	0.36	0.56

Riocan Real Estate Investment Trust Inventory Turnover Calculation

Riocan Real Estate Investment Trust's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	334.205	/ (	(148.449	+	190.403)	/	2 )
=	334.205	/	169.426
=	1.97

Riocan Real Estate Investment Trust's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	108.344	/ (	(196.735	+	190.403)	/	2 )
=	108.344	/	193.569
=	0.56

Riocan Real Estate Investment Trust (FRA:R7G) 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.

Riocan Real Estate Investment Trust's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	193.569	/	108.344	*	365 / 4
	=	163.03

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.

Riocan Real Estate Investment Trust's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	193.569	/	239.707
	=	0.81

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.

Riocan Real Estate Investment Trust Inventory Turnover Related Terms

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Riocan Real Estate Investment Trust Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Riocan Real Estate Investment Trust (FRA:R7G) » Definitions » Inventory Turnover

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RIOCF:USA REI.UN:Canada

Address

2300 Yonge Street, Suite 500, RioCan Yonge Eglinton Centre, Toronto, ON, CAN, M4P 1E4

Website

https://www.riocan.com

Riocan Real Estate Investment Trust is a Canadian real estate investment trust which owns, develops, and operates Canada's portfolio of retail-focused, increasingly mixed-use properties. The REIT's property portfolio includes shopping centers and mixed-use developments, with majority of its properties located in Ontario, Canada. Riocan's tenants consist of grocery stores, supermarkets, restaurants, cinemas, pharmacies, and corporates.

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