PSP Swiss Property AG (PSP Swiss Property AG) Inventory Turnover : 0.30 (As of Mar. 2024)

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What is PSP Swiss Property AG 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. PSP Swiss Property AG's Cost of Goods Sold for the three months ended in Mar. 2024 was $9.7 Mil. PSP Swiss Property AG's Average Total Inventories for the quarter that ended in Mar. 2024 was $32.8 Mil. PSP Swiss Property AG's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.30.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PSP Swiss Property AG's Days Inventory for the three months ended in Mar. 2024 was 308.10.

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. PSP Swiss Property AG's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.31.

PSP Swiss Property AG Inventory Turnover Historical Data

The historical data trend for PSP Swiss Property AG'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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PSP Swiss Property AG Inventory Turnover Chart

PSP Swiss Property AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.03

0.57

0.71

1.67

1.59

PSP Swiss Property AG 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															0.41	0.88	0.70	0.38	0.30

PSP Swiss Property AG Inventory Turnover Calculation

PSP Swiss Property AG'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 )
=	49.216	/ (	(27.31	+	34.45)	/	2 )
=	49.216	/	30.88
=	1.59

PSP Swiss Property AG'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 )
=	9.717	/ (	(34.45	+	31.167)	/	2 )
=	9.717	/	32.8085
=	0.30

PSP Swiss Property AG (OTCPK:PSPSF) 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.

PSP Swiss Property AG'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
	=	32.8085	/	9.717	*	365 / 4
	=	308.10

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.

PSP Swiss Property AG'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 )
	=	32.8085	/	104.301
	=	0.31

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.

PSP Swiss Property AG Inventory Turnover Related Terms

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PSP Swiss Property AG (PSP Swiss Property AG) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » PSP Swiss Property AG (OTCPK:PSPSF) » Definitions » Inventory Turnover

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Traded in Other Exchanges

PSPSY:USA PSPNz:UK P7S0:Germany PSPN:Switzerland

Address

Kolinplatz 2, Zug, CHE, CH-6300

Website

http://www.psp.info

PSP Swiss Property AG is a general real estate company. The company reports three business units: real estate investments, property management, and holding. The vast majority of revenue is generated by rental income. All PSP property is located in Switzerland. The company considers merger and acquisition investment as a potential component of its operational growth strategy. The company's real estate investment segment invests exclusively in commercial properties, with leases primarily in office and retail property.