SEG (Seaport Entertainment Group) Inventory Turnover : 9.92 (As of Sep. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Seaport Entertainment Group 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. Seaport Entertainment Group's Cost of Goods Sold for the three months ended in Sep. 2024 was $26.6 Mil. Seaport Entertainment Group's Average Total Inventories for the quarter that ended in Sep. 2024 was $2.7 Mil. Seaport Entertainment Group's Inventory Turnover for the quarter that ended in Sep. 2024 was 9.92.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Seaport Entertainment Group's Days Inventory for the three months ended in Sep. 2024 was 9.20.

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. Seaport Entertainment Group's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.07.

Seaport Entertainment Group Inventory Turnover Historical Data

The historical data trend for Seaport Entertainment Group'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.

Seaport Entertainment Group Inventory Turnover Chart

Seaport Entertainment Group Annual Data

Trend

Dec21

Dec22

Dec23

Inventory Turnover

31.25

30.49

Seaport Entertainment Group Quarterly Data
	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial				-	6.60	3.84	7.30	9.92

Seaport Entertainment Group Inventory Turnover Calculation

Seaport Entertainment Group'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 )
=	78.898	/ (	(2.458	+	2.718)	/	2 )
=	78.898	/	2.588
=	30.49

Seaport Entertainment Group's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	26.569	/ (	(2.863	+	2.493)	/	2 )
=	26.569	/	2.678
=	9.92

Seaport Entertainment Group (AMEX:SEG) 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.

Seaport Entertainment Group's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	2.678	/	26.569	*	365 / 4
	=	9.20

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.

Seaport Entertainment Group's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	2.678	/	39.697
	=	0.07

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.

Seaport Entertainment Group Inventory Turnover Related Terms

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

Seaport Entertainment Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Seaport Entertainment Group Inc (AMEX:SEG) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

SEG:Mexico

Address

199 Water Street, 28th Floor, New York, NY, USA, 10038

Website

Seaport Entertainment Group Inc own, operate and develop a unique collection of assets positioned at the intersection of entertainment and real estate. Its objective is to integrate one-of-a-kind real estate assets with a variety of restaurant, retail and leisure offerings to form vibrant mixed-use destinations where customers can work, play and socialize in one cohesive setting. The company has three operating segments: (1) Landlord Operations; (2) Hospitality; and (3) Sponsorships, Events, and Entertainment. Key revenue is generated from Landlord Operations which consists of the company's rental operations.

Seaport Entertainment Group Headlines

From GuruFocus

Rubric Capital Management LP Acquires New Stake in Seaport Entertainment Group Inc

By GuruFocus News • 11-14-2024

Beryl Capital Management LLC Acquires New Stake in Seaport Entertainment Group Inc

By GuruFocus Research • 09-12-2024

Bill Ackman's Strategic Acquisition in Seaport Entertainment Group Inc

By GuruFocus Research • 08-08-2024