Panther Securities (LSE:PNS) Inventory Turnover : 10.51 (As of Dec. 2023)

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What is Panther Securities 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. Panther Securities's Cost of Goods Sold for the six months ended in Dec. 2023 was £3.68 Mil. Panther Securities's Average Total Inventories for the quarter that ended in Dec. 2023 was £0.35 Mil. Panther Securities's Inventory Turnover for the quarter that ended in Dec. 2023 was 10.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Panther Securities's Days Inventory for the six months ended in Dec. 2023 was 17.37.

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. Panther Securities's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.

Panther Securities Inventory Turnover Historical Data

The historical data trend for Panther Securities'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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Panther Securities Inventory Turnover Chart

Panther Securities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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8.59

9.95

13.29

16.43

18.94

Panther Securities 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															8.04	8.26	8.17	8.44	10.51

Panther Securities Inventory Turnover Calculation

Panther Securities'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 )
=	6.63	/ (	(0.35	+	0.35)	/	2 )
=	6.63	/	0.35
=	18.94

Panther Securities'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 )
=	3.677	/ (	(0.35	+	0.35)	/	2 )
=	3.677	/	0.35
=	10.51

Panther Securities (LSE:PNS) 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.

Panther Securities'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
	=	0.35	/	3.677	*	365 / 2
	=	17.37

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.

Panther Securities'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 )
	=	0.35	/	7.721
	=	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.

Panther Securities Inventory Turnover Related Terms

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Panther Securities (LSE:PNS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Panther Securities PLC (LSE:PNS) » Definitions » Inventory Turnover

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Address

Station Close, Unicorn House, Potters Bar, Hertfordshire, GBR, EN6 1TL

Website

https://www.pantherplc.com

Panther Securities PLC is a property investment company engaged in investment and dealing in real estate property and securities. Its objective is to maximize long-term returns for shareholders by stable growth in net asset value and dividend per share, from a consistent and sustainable rental income stream. The Group has a diversified property portfolio and maintains a spread of sectors over retail, industrial, office, and residential. Geographically it operates through the UK which is also the revenue generation region.

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