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iStar (SFICP.PFD) Inventory Turnover : 15.34 (As of Mar. 2023)


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What is iStar 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. iStar's Cost of Goods Sold for the three months ended in Mar. 2023 was $42.08 Mil. iStar's Average Total Inventories for the quarter that ended in Mar. 2023 was $2.74 Mil. iStar's Inventory Turnover for the quarter that ended in Mar. 2023 was 15.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. iStar's Days Inventory for the three months ended in Mar. 2023 was 5.95.

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. iStar's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.04.


iStar Inventory Turnover Historical Data

The historical data trend for iStar'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.

iStar Inventory Turnover Chart

iStar Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.77 20.46 50.59 120.93 99.63

iStar Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 86.47 53.95 34.21 16.10 15.34

iStar Inventory Turnover Calculation

iStar's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Inventory Turnover (A: Dec. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2022 ) / ((Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count )
=213.106 / ((0.301 + 3.977) / 2 )
=213.106 / 2.139
=99.63

iStar's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover (Q: Mar. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2023 ) / ((Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count )
=42.079 / ((3.977 + 1.508) / 2 )
=42.079 / 2.7425
=15.34

* 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.


iStar  (OTCPK:SFICP.PFD) 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.

iStar's Days Inventory for the three months ended in Mar. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2023 )/Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=2.7425/42.079*365 / 4
=5.95

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.

iStar's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=2.7425 / 78.329
=0.04

* 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.


iStar Inventory Turnover Related Terms

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iStar Business Description

Traded in Other Exchanges
N/A
Address
1114 Avenue of the Americas, 39th Floor, New York, NY, USA, 10036
Safehold Inc is revolutionizing real estate ownership by providing a new and better way for owners to unlock the value of the land beneath their buildings. It continues to help owners of high quality multifamily, office, industrial, hospitality, student housing, life science and mixed-use properties generate higher returns with less risk.
Executives
Star Holdings 10 percent owner 1114 AVENUE OF THE AMERICAS, 39TH FLOOR, NEW YORK NY 10036
Stefan M Selig director 2 EAST 70TH STREET, NEW YORK NY 10021
Jesse Hom director 168 ROBINSON ROAD, #37-01, CAPITAL TOWER, SINGAPORE U0 068912
Gic Real Estate Private Ltd director C/O GIC PRIVATE LIMITED, 168 ROBINSON ROAD, #37-01 CAPITAL TOWER, SINGAPORE U0 068912
Gic Real Estate, Inc. director ONE BUSH STREET, SUITE 1000, SAN FRANCISCO CA 94104
Gic Private Ltd director 168 ROBINSON ROAD, #37-01 CAPITAL TOWER, SINGAPORE U0 068912
Sfty Venture Llc director C/O GIC REAL ESTATE, INC., 280 PARK AVENUE, 9TH FLOOR, NEW YORK NY 10017
Istar Inc. 10 percent owner 1114 AVENUE OF THE AMERICAS, 39TH FLOOR, NEW YORK NY 10036
Brett Asnas officer: Chief Financial Officer C/O ISTAR, 1114 AVENUE OF THE AMERICAS, FL. 39, NEW YORK NY 10036
Garett Rosenblum officer: Chief Accounting Officer C/O ISTAR, 1114 AVENUE OF THE AMERICAS, FL. 39, NEW YORK NY 10036
David Eisenberg director C/O ISTAR, 1114 AVENUE OF THE AMERICAS, FL. 39, NEW YORK NY 10036
Jeremy Fox-geen officer: Chief Financial Officer C/O ISTAR, 1114 AVENUE OF THE AMERICAS, FL 39, NEW YORK NY 10036
Anita M Sands director 350 ELLIS STREET, MOUNTAIN VIEW CA 94043
Richard J Lieb director C/O GREENHILL & CO., INC.,, 300 PARK AVENUE, NEW YORK NY 10022
Andrew C Richardson officer: Interim CFO 527 MADISON AVENUE, 16TH FLOOR, NEW YORK NY 10022