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Robinsons Land (PHS:RLC) Inventory Turnover : 0.14 (As of Mar. 2024)


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What is Robinsons Land 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. Robinsons Land's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱4,935 Mil. Robinsons Land's Average Total Inventories for the quarter that ended in Mar. 2024 was ₱36,125 Mil. Robinsons Land's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Robinsons Land's Days Inventory for the three months ended in Mar. 2024 was 667.95.

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. Robinsons Land's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 3.28.


Robinsons Land Inventory Turnover Historical Data

The historical data trend for Robinsons Land'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.

Robinsons Land Inventory Turnover Chart

Robinsons Land Annual Data
Trend Sep14 Sep15 Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.41 0.59 0.77 0.57

Robinsons Land Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 0.14 0.14 0.16 0.14

Robinsons Land Inventory Turnover Calculation

Robinsons Land'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 )
=19522.784 / ((32622.04 + 35789.32) / 2 )
=19522.784 / 34205.68
=0.57

Robinsons Land's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=4935.117 / ((35789.32 + 36460.413) / 2 )
=4935.117 / 36124.8665
=0.14

* 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.


Robinsons Land  (PHS:RLC) 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.

Robinsons Land's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=36124.8665/4935.117*365 / 4
=667.95

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.

Robinsons Land's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=36124.8665 / 11026.471
=3.28

* 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.


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.


Robinsons Land Inventory Turnover Related Terms

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Robinsons Land (PHS:RLC) Business Description

Traded in Other Exchanges
Address
EDSA corner Ortigas Avenue, Level 2, Galleria Corporate Center, Metro Manila, Quezon City, PHL, 1100
Robinsons Land Corp is a real estate developer in the Philippines. The company's two operating strategies are to take on development projects or investment projects. In taking investment projects, the company develops, owns and operates commercial real estate projects (shopping malls, office buildings and hotels). For the development projects, the company develops residential real estate projects for sale (residential condominiums, upper-middle to high-end residential developments and low-and-middle-cost lots). The company has four official business divisions: commercial centres, residential, office buildings, and hotels. The commercial centers division accounts for the majority of Robinsons Land Corporation's revenue.

Robinsons Land (PHS:RLC) Headlines

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