Safari Investments RSA (JSE:SAR) Inventory Turnover : 0.72 (As of Sep. 2023)

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What is Safari Investments RSA 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. Safari Investments RSA's Cost of Goods Sold for the six months ended in Sep. 2023 was R16.2 Mil. Safari Investments RSA's Average Total Inventories for the quarter that ended in Sep. 2023 was R22.7 Mil. Safari Investments RSA's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.72.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Safari Investments RSA's Days Inventory for the six months ended in Sep. 2023 was 255.16.

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. Safari Investments RSA's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.09.

Safari Investments RSA Inventory Turnover Historical Data

The historical data trend for Safari Investments RSA'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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Safari Investments RSA Inventory Turnover Chart

Safari Investments RSA Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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0.15

0.05

0.54

1.17

Safari Investments RSA Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															0.22	0.33	0.47	0.84	0.72

Safari Investments RSA Inventory Turnover Calculation

Safari Investments RSA's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	52.55	/ (	(60.026	+	29.869)	/	2 )
=	52.55	/	44.9475
=	1.17

Safari Investments RSA's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	16.216	/ (	(29.869	+	15.476)	/	2 )
=	16.216	/	22.6725
=	0.72

Safari Investments RSA (JSE:SAR) 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.

Safari Investments RSA's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	22.6725	/	16.216	*	365 / 2
	=	255.16

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.

Safari Investments RSA's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	22.6725	/	254.294
	=	0.09

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.

Safari Investments RSA Inventory Turnover Related Terms

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Safari Investments RSA (JSE:SAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Safari Investments RSA Ltd (JSE:SAR) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

410 Lynnwood Road, Lynnwood, Pretoria, GT, ZAF, 0081

Website

https://www.safari-investments.com

Safari Investments RSA Ltd is a real estate investment trust. The Company earns revenue from the leasing of investment property and recoveries of property expenses. The company's operating segment includes Atteridgeville, Mamelodi, Sebokeng, Limpopo, Heidelberg, and Namibia. It generates maximum revenue from the Atteridgeville segment.