Palatium Real Estate AG (HAM:VVX1.PFD) Inventory Turnover : 0.26 (As of Dec. 2022)

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What is Palatium Real Estate AG 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. Palatium Real Estate AG's Cost of Goods Sold for the six months ended in Dec. 2022 was €0.05 Mil. Palatium Real Estate AG's Average Total Inventories for the quarter that ended in Dec. 2022 was €0.18 Mil. Palatium Real Estate AG's Inventory Turnover for the quarter that ended in Dec. 2022 was 0.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Palatium Real Estate AG's Days Inventory for the six months ended in Dec. 2022 was 706.70.

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. Palatium Real Estate AG's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 4.23.

Palatium Real Estate AG Inventory Turnover Historical Data

The historical data trend for Palatium Real Estate AG'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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Palatium Real Estate AG Inventory Turnover Chart

Palatium Real Estate AG Annual Data

Trend

Dec10

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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1.19

0.12

0.32

0.68

0.26

Palatium Real Estate AG Semi-Annual Data
	Dec08	Dec09	Dec10	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Inventory Turnover	Get a 7-Day Free Trial							1.19	0.12	0.32	0.68	0.26

Palatium Real Estate AG Inventory Turnover Calculation

Palatium Real Estate AG's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	0.047	/ (	(0.178	+	0.186)	/	2 )
=	0.047	/	0.182
=	0.26

Palatium Real Estate AG's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

	Inventory Turnover (Q: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2022 )	/ (	(Total Inventories (Q: Dec. 2021 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )
=	0.047	/ (	(0.178	+	0.186)	/	2 )
=	0.047	/	0.182
=	0.26

Palatium Real Estate AG (HAM:VVX1.PFD) 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.

Palatium Real Estate AG's Days Inventory for the six months ended in Dec. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2022 )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
	=	0.182	/	0.047	*	365 / 2
	=	706.70

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.

Palatium Real Estate AG's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2022 )	/	Revenue (Q: Dec. 2022 )
	=	0.182	/	0.043
	=	4.23

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.

Palatium Real Estate AG Inventory Turnover Related Terms

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Palatium Real Estate AG Business Description

Industry

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Address

Mehlweiherkopf 12, Hochspeyer, RP, DEU, 67691

Website

https://www.palatium-real-estate-ag.de

Palatium Real Estate AG is engaged in the acquisition and sale of land and buildings, as well as the construction and sale of buildings for commercial or residential purposes. It acquires properties in the Kaiserslautern area. It is also engaged in the acquisition, management, and sale of all types of assets, equity interests, the purchase and sale of precious metals, and antiques. The Company competes with a variety of other investment alternatives that differ in terms of liquidity, return, and risk.

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