AX Real Estate (MAL:AXR) Inventory Turnover : 0.00 (As of Apr. 2024)

View and export this data going back to 2022. Start your Free Trial

What is AX Real Estate 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. AX Real Estate's Cost of Goods Sold for the six months ended in Apr. 2024 was €0.00 Mil. AX Real Estate's Average Total Inventories for the quarter that ended in Apr. 2024 was €24.75 Mil. AX Real Estate's Inventory Turnover for the quarter that ended in Apr. 2024 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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. AX Real Estate's Inventory-to-Revenue for the quarter that ended in Apr. 2024 was 3.63.

AX Real Estate Inventory Turnover Historical Data

The historical data trend for AX Real Estate'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.

* Premium members only.

AX Real Estate Inventory Turnover Chart

AX Real Estate Annual Data

Trend

Oct21

Oct22

Oct23

Inventory Turnover

AX Real Estate Semi-Annual Data
	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24
Inventory Turnover	Get a 7-Day Free Trial			-	-	-	-	-

AX Real Estate Inventory Turnover Calculation

AX Real Estate's Inventory Turnover for the fiscal year that ended in Oct. 2023 is calculated as

	Inventory Turnover (A: Oct. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Oct. 2023 )	/ (	(Total Inventories (A: Oct. 2022 )	+	Total Inventories (A: Oct. 2023 ))	/	count )
=	0	/ (	(3.506	+	49.102)	/	2 )
=	0	/	26.304
=	0.00

AX Real Estate'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 )
=	0	/ (	(49.102	+	0.391)	/	2 )
=	0	/	24.7465
=	0.00

AX Real Estate (MAL:AXR) 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.

AX Real Estate'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
	=	24.7465	/	0	*	365 / 2
	=

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.

AX Real Estate'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 )
	=	24.7465	/	6.817
	=	3.63

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.

AX Real Estate Inventory Turnover Related Terms

Thank you for viewing the detailed overview of AX Real Estate's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

AX Real Estate Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » AX Real Estate PLC (MAL:AXR) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

AX Business Centre, Triq Id-Difiza Civili, Mosta, MLT, MST 1741

Website

https://www.axrealestate.mt

AX Real Estate PLC serves as the holding company of the Estates Group within the AX Group, with the former boasting a diverse portfolio of properties. It is engaged in four main business sectors namely, Care, Construction, Hospitality, Real Estate, and Development, and is also involved in renewable energy. It operates into Five reportable segments Hospitality, Construction, Healthcare, Real Estate and Development, Administration, Finance & Investment. It generates the majority of its revenue from the Hospitality segment.