Newmark Security (LSE:NWT) Inventory Turnover : 2.23 (As of Apr. 2024)

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What is Newmark Security 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. Newmark Security's Cost of Goods Sold for the six months ended in Apr. 2024 was £7.18 Mil. Newmark Security's Average Total Inventories for the quarter that ended in Apr. 2024 was £3.23 Mil. Newmark Security's Inventory Turnover for the quarter that ended in Apr. 2024 was 2.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Newmark Security's Days Inventory for the six months ended in Apr. 2024 was 81.95.

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. Newmark Security's Inventory-to-Revenue for the quarter that ended in Apr. 2024 was 0.27.

Newmark Security Inventory Turnover Historical Data

The historical data trend for Newmark Security'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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Newmark Security Inventory Turnover Chart

Newmark Security Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Inventory Turnover

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4.40

3.89

3.58

3.12

3.98

Newmark Security Semi-Annual Data
	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24
Inventory Turnover	Get a 7-Day Free Trial															1.63	1.65	1.54	1.66	2.23

Newmark Security Inventory Turnover Calculation

Newmark Security's Inventory Turnover for the fiscal year that ended in Apr. 2024 is calculated as

	Inventory Turnover (A: Apr. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Apr. 2024 )	/ (	(Total Inventories (A: Apr. 2023 )	+	Total Inventories (A: Apr. 2024 ))	/	count )
=	13.692	/ (	(4.15	+	2.738)	/	2 )
=	13.692	/	3.444
=	3.98

Newmark Security's Inventory Turnover for the quarter that ended in Apr. 2024 is calculated as

	Inventory Turnover (Q: Apr. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Apr. 2024 )	/ (	(Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Apr. 2024 ))	/	count )
=	7.182	/ (	(3.712	+	2.738)	/	2 )
=	7.182	/	3.225
=	2.23

Newmark Security (LSE:NWT) 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.

Newmark Security's Days Inventory for the six months ended in Apr. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Apr. 2024 )	/	Cost of Goods Sold (Q: Apr. 2024 )	*	Days in Period
	=	3.225	/	7.182	*	365 / 2
	=	81.95

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.

Newmark Security's Inventory to Revenue for the quarter that ended in Apr. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Apr. 2024 )	/	Revenue (Q: Apr. 2024 )
	=	3.225	/	11.911
	=	0.27

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.

Newmark Security Inventory Turnover Related Terms

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Newmark Security Business Description

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Address

91 Wimpole Street, London, GBR, W1G 0EF

Website

http://www.newmarksecurity.com

Newmark Security PLC is a UK-based security solutions provider. The company operates in the People and Data Management division involved in the design, manufacture, and distribution of access control systems and the design, manufacture, and distribution of HCM hardware only, for time-and-attendance, shop-floor data collection, and access control systems. The physical Security Solutions division is involved in the design, manufacture, installation, and maintenance of fixed and reactive security screens, reception counters, cash management systems and associated security equipment. The company operates in the UK and derives the majority of its revenues from the People and Data Management division.

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