Circle Property (LSE:CRC) Inventory Turnover : 0.02 (As of Sep. 2022)

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What is Circle Property 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. Circle Property's Cost of Goods Sold for the six months ended in Sep. 2022 was £0.64 Mil. Circle Property's Average Total Inventories for the quarter that ended in Sep. 2022 was £30.16 Mil. Circle Property's Inventory Turnover for the quarter that ended in Sep. 2022 was 0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Circle Property's Days Inventory for the six months ended in Sep. 2022 was 8,547.32.

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. Circle Property's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 12.48.

Circle Property Inventory Turnover Historical Data

The historical data trend for Circle Property'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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Circle Property Inventory Turnover Chart

Circle Property Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Inventory Turnover

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0.05

Circle Property Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22
Inventory Turnover	Get a 7-Day Free Trial								-	-	-	0.02	0.02

Circle Property Inventory Turnover Calculation

Circle Property's Inventory Turnover for the fiscal year that ended in Mar. 2022 is calculated as

	Inventory Turnover (A: Mar. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2022 )	/ (	(Total Inventories (A: Mar. 2021 )	+	Total Inventories (A: Mar. 2022 ))	/	count )
=	2.083	/ (	(0	+	39.994)	/	1 )
=	2.083	/	39.994
=	0.05

Circle Property's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

	Inventory Turnover (Q: Sep. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2022 )	/ (	(Total Inventories (Q: Mar. 2022 )	+	Total Inventories (Q: Sep. 2022 ))	/	count )
=	0.644	/ (	(39.994	+	20.329)	/	2 )
=	0.644	/	30.1615
=	0.02

Circle Property (LSE:CRC) 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.

Circle Property's Days Inventory for the six months ended in Sep. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2022 )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
	=	30.1615	/	0.644	*	365 / 2
	=	8,547.32

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.

Circle Property's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2022 )	/	Revenue (Q: Sep. 2022 )
	=	30.1615	/	2.417
	=	12.48

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.

Circle Property Inventory Turnover Related Terms

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Circle Property (LSE:CRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Circle Property PLC (LSE:CRC) » Definitions » Inventory Turnover

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Address

c/o Oak Group (Jersey) Ltd, Castle Street, 3rd Floor, IFC5, St Helier, JEY, JE2 3BY

Website

https://www.circleproperty.co.uk

Circle Property PLC is a property investment company. The company acquires provincial office properties where it can add value by undertaking lease renewals, rent reviews, lettings, and refurbishments. It generates revenue from Rental income. Some of the company's portfolio include Kents Hill Park, Somerset House, One Castlepark, 36 Great Charles Street, Aztec West Business Park, Northampton Business Park, and others. Geographically, it operates only in the United Kingdom.