NEPI Rockcastle NV (JSE:NRP) Inventory Turnover : 6.36 (As of Dec. 2023)

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What is NEPI Rockcastle NV 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. NEPI Rockcastle NV's Cost of Goods Sold for the six months ended in Dec. 2023 was R2,651 Mil. NEPI Rockcastle NV's Average Total Inventories for the quarter that ended in Dec. 2023 was R417 Mil. NEPI Rockcastle NV's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.36.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NEPI Rockcastle NV's Days Inventory for the six months ended in Dec. 2023 was 28.69.

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. NEPI Rockcastle NV's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.

NEPI Rockcastle NV Inventory Turnover Historical Data

The historical data trend for NEPI Rockcastle NV'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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NEPI Rockcastle NV Inventory Turnover Chart

NEPI Rockcastle NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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18.07

14.61

15.22

NEPI Rockcastle NV 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															10.08	9.24	6.66	6.73	6.36

NEPI Rockcastle NV Inventory Turnover Calculation

NEPI Rockcastle NV'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 )
=	5552.513	/ (	(378.805	+	350.833)	/	2 )
=	5552.513	/	364.819
=	15.22

NEPI Rockcastle NV'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 )
=	2651.039	/ (	(482.653	+	350.833)	/	2 )
=	2651.039	/	416.743
=	6.36

NEPI Rockcastle NV (JSE:NRP) 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.

NEPI Rockcastle NV'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
	=	416.743	/	2651.039	*	365 / 2
	=	28.69

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.

NEPI Rockcastle NV'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 )
	=	416.743	/	7731.494
	=	0.05

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.

NEPI Rockcastle NV Inventory Turnover Related Terms

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NEPI Rockcastle NV (JSE:NRP) Business Description

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NRP:Netherlands 0A3:Germany

Address

Claude Debussylaan 7-29, Tribes Offices SOM Building 3rd Floor, Amsterdam, NH, NLD, 1082MC

Website

https://www.nepirockcastle.com

NEPI Rockcastle NV is a commercial property investor and developer. The business activities of the group have functioned through Retail, Office, Residential, Industrial, and Corporate segments. The Retail segment acquires, develops and leases retail properties in Romania, Slovakia, Czech Republic, Serbia, and Croatia; the Office segment acquires, develops and leases office properties in Romania and Slovakia; the Industrial segment acquires, develops and leases industrial facilities in Romania, and Corporate segment focuses on activities related to financing expenses. The vast majority of its contracted rentable areas are occupied by large tenants and major franchises. The company generates revenue from rent and expense recovery.