TWODY (Taylor Wimpey) Inventory Turnover : 0.24 (As of Jun. 2024)

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What is Taylor Wimpey 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. Taylor Wimpey's Cost of Goods Sold for the six months ended in Jun. 2024 was $1,559 Mil. Taylor Wimpey's Average Total Inventories for the quarter that ended in Jun. 2024 was $6,614 Mil. Taylor Wimpey's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Taylor Wimpey's Days Inventory for the six months ended in Jun. 2024 was 774.15.

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. Taylor Wimpey's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 3.43.

Taylor Wimpey Inventory Turnover Historical Data

The historical data trend for Taylor Wimpey'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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Taylor Wimpey Inventory Turnover Chart

Taylor Wimpey Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.80

0.53

0.68

0.62

0.55

Taylor Wimpey Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial															0.29	0.33	0.25	0.29	0.24

Taylor Wimpey Inventory Turnover Calculation

Taylor Wimpey'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 )
=	3541.772	/ (	(6296.711	+	6543.797)	/	2 )
=	3541.772	/	6420.254
=	0.55

Taylor Wimpey's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	1559.16	/ (	(6543.797	+	6683.842)	/	2 )
=	1559.16	/	6613.8195
=	0.24

Taylor Wimpey (OTCPK:TWODY) 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.

Taylor Wimpey's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	6613.8195	/	1559.16	*	365 / 2
	=	774.15

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.

Taylor Wimpey's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	6613.8195	/	1930.916
	=	3.43

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.

Taylor Wimpey Inventory Turnover Related Terms

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Taylor Wimpey Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Taylor Wimpey PLC (OTCPK:TWODY) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

TWODF:USA TWl:UK TW.:UK TWW:Germany TWW:Germany

Address

Turnpike Road, Gate House, High Wycombe, Buckinghamshire, GBR, HP12 3NR

Website

https://www.taylorwimpey.co.uk

Taylor Wimpey is the UK's second-largest residential property developer by revenue—or third-largest as judged by dwelling completions—and was established via the merger of George Wimpey and Taylor Woodrow in 2007. Taylor Wimpey is vertically integrated through the land development, construction, and sales and marketing segments of the residential property development value chain, aligning with the typical business model employed by UK homebuilders. The company also has a nascent homebuilding operation in Spain.