Empiric Student Property (LSE:ESP) Inventory Turnover : 0.00 (As of Jun. 2024)

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What is Empiric Student 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. Empiric Student Property's Cost of Goods Sold for the six months ended in Jun. 2024 was £11.80 Mil. Empiric Student Property's Average Total Inventories for the quarter that ended in Jun. 2024 was £0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Empiric Student Property's Days Inventory for the six months ended in Jun. 2024 was 0.00.

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. Empiric Student Property's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.00.

Empiric Student Property Inventory Turnover Historical Data

The historical data trend for Empiric Student 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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Empiric Student Property Inventory Turnover Chart

Empiric Student Property Annual Data

Trend

Jun15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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Empiric Student Property Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial													-	-	-	-	-

Empiric Student Property Inventory Turnover Calculation

Empiric Student Property'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 )
=	25.2	/ (	(0	+	0)	/	1 )
=	25.2	/	0
=	N/A

Empiric Student Property's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	11.8	/ (	(0	+	0)	/	1 )
=	11.8	/	0
=	N/A

Empiric Student Property (LSE:ESP) 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.

Empiric Student Property's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	0	/	11.8	*	365 / 2
	=	0.00

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.

Empiric Student Property's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	0	/	42.4
	=	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.

Empiric Student Property Inventory Turnover Related Terms

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Empiric Student Property Business Description

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Address

72 Borough High Street, 1st Floor Hop Yard Studios, London, GBR, SE1 1XF

Website

https://www.ambipar.com

Empiric Student Property PLC is a real estate company. It is engaged in investing in and managing premium purpose-built student accommodation in central locations in prime university cities and towns in the United Kingdom. Its investment portfolio includes Centro Court, Canal Bridge, Brook Studios, James House, and Edge Apartments among others. The company earns operating revenue from student accommodation rental.