New Frontier Properties (JSE:NFP) Inventory Turnover : 0.00 (As of May. 2020)

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What is New Frontier Properties 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. New Frontier Properties's Cost of Goods Sold for the three months ended in May. 2020 was R0.0 Mil. New Frontier Properties's Average Total Inventories for the quarter that ended in May. 2020 was R0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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. New Frontier Properties's Inventory-to-Revenue for the quarter that ended in May. 2020 was 0.00.

New Frontier Properties Inventory Turnover Historical Data

The historical data trend for New Frontier Properties'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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New Frontier Properties Inventory Turnover Chart

New Frontier Properties Annual Data

Trend

Dec14

Aug16

Aug17

Aug18

Aug19

Inventory Turnover

New Frontier Properties Quarterly Data
	May15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

New Frontier Properties Inventory Turnover Calculation

New Frontier Properties's Inventory Turnover for the fiscal year that ended in Aug. 2019 is calculated as

	Inventory Turnover (A: Aug. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Aug. 2019 )	/ (	(Total Inventories (A: Aug. 2018 )	+	Total Inventories (A: Aug. 2019 ))	/	count )
=	83.434	/ (	(0	+	0)	/	1 )
=	83.434	/	0
=	N/A

New Frontier Properties's Inventory Turnover for the quarter that ended in May. 2020 is calculated as

	Inventory Turnover (Q: May. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: May. 2020 )	/ (	(Total Inventories (Q: Feb. 2020 )	+	Total Inventories (Q: May. 2020 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

New Frontier Properties (JSE:NFP) 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.

New Frontier Properties's Days Inventory for the three months ended in May. 2020 is calculated as:

Days Inventory	=	Average Total Inventories (Q: May. 2020 )	/	Cost of Goods Sold (Q: May. 2020 )	*	Days in Period
	=	0	/	0	*	365 / 4
	=

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.

New Frontier Properties's Inventory to Revenue for the quarter that ended in May. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: May. 2020 )	/	Revenue (Q: May. 2020 )
	=	0	/	37.978
	=	0.00

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.

New Frontier Properties Inventory Turnover Related Terms

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New Frontier Properties (JSE:NFP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » New Frontier Properties Ltd (JSE:NFP) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

B45 Twenty Foot Road, 5th Floor, La Croisette, Grand Baie, MUS

Website

http://newfrontierprop.com

New Frontier Properties Ltd operates as a UK real estate investment trust. The company's primary objective is to acquire and develop good quality, income-generating retail and logistics property in the UK and Europe. Its investment portfolio comprises UK shopping centers, Cleveland Centre in Middlesbrough, Coopers Square in Burton upon Trent, and Houndshill Shopping Centre in Blackpool.

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