Melcor Developments (TSX:MRD) Inventory Turnover : 0.14 (As of Dec. 2024)

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What is Melcor Developments 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. Melcor Developments's Cost of Goods Sold for the three months ended in Dec. 2024 was C$100.5 Mil. Melcor Developments's Average Total Inventories for the quarter that ended in Dec. 2024 was C$726.4 Mil. Melcor Developments's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Melcor Developments's Days Inventory for the three months ended in Dec. 2024 was 659.85.

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. Melcor Developments's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 4.26.

Melcor Developments Inventory Turnover Historical Data

The historical data trend for Melcor Developments'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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Melcor Developments Inventory Turnover Chart

Melcor Developments Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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0.17

0.24

0.17

0.23

0.27

Melcor Developments Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.10	0.04	0.05	0.04	0.14

Melcor Developments Inventory Turnover Calculation

Melcor Developments's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	192.115	/ (	(728.002	+	708.047)	/	2 )
=	192.115	/	718.0245
=	0.27

Melcor Developments's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	100.457	/ (	(744.807	+	708.047)	/	2 )
=	100.457	/	726.427
=	0.14

Melcor Developments (TSX:MRD) 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.

Melcor Developments's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	726.427	/	100.457	*	365 / 4
	=	659.85

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.

Melcor Developments's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	726.427	/	170.538
	=	4.26

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.

Melcor Developments Inventory Turnover Related Terms

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Melcor Developments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Melcor Developments Ltd (TSX:MRD) » Definitions » Inventory Turnover

Traded in Other Exchanges

MODVF:USA F7G:Germany

Address

10310 Jasper Avenue, Suite 900, Edmonton, AB, CAN, T5J 1Y8

Website

https://www.melcor.ca

Melcor Developments Ltd is a real estate development company. It develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. Its divisions includes Community Development, which is engaged in acquiring raw land and planning residential communities and commercial developments; Property Development, which is engaged in project managing development, leasing, and construction of commercial properties; Investment Properties operates a portfolio of commercial and residential properties, focused on property improvements and capital appreciation; the REIT, which is engaged in acquiring and owning leasable office, retail, industrial and residential sites; Recreation Property and Corporate.

Executives

Susan Keating	Senior Officer
Timothy Charles Melton	10% Security Holder, Director, Senior Officer
Robyn Alexandra Salik	Senior Officer
Graeme Melton	Senior Officer
Leah Margiotta	Senior Officer
Sinead O'meara	Senior Officer
Guy Pelletier	Senior Officer
Naomi Marie Stefura	Senior Officer
Andrew John Melton	10% Security Holder, Director
Robert Brown	Senior Officer
Douglas Bruce Pennock	Director
Daniel Eggert	Senior Officer
Ross A. Grieve	Director
Darin Anthony Rayburn	Senior Officer
Kathleen M Melton	Director

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