Tower Investments (WAR:TOW) Inventory Turnover : 0.03 (As of Sep. 2024)

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What is Tower Investments 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. Tower Investments's Cost of Goods Sold for the three months ended in Sep. 2024 was zł0.41 Mil. Tower Investments's Average Total Inventories for the quarter that ended in Sep. 2024 was zł14.04 Mil. Tower Investments's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tower Investments's Days Inventory for the three months ended in Sep. 2024 was 3,093.57.

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. Tower Investments's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1,754.44.

Tower Investments Inventory Turnover Historical Data

The historical data trend for Tower Investments'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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Tower Investments Inventory Turnover Chart

Tower Investments Annual Data

Trend

Oct16

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.96

0.68

1.70

1.09

0.42

Tower Investments Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															0.01	0.06	0.02	0.04	0.03

Tower Investments Inventory Turnover Calculation

Tower Investments'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 )
=	7.259	/ (	(16.137	+	18.278)	/	2 )
=	7.259	/	17.2075
=	0.42

Tower Investments'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 )
=	0.414	/ (	(14.05	+	14.021)	/	2 )
=	0.414	/	14.0355
=	0.03

Tower Investments (WAR:TOW) 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.

Tower Investments'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
	=	14.0355	/	0.414	*	365 / 4
	=	3,093.57

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.

Tower Investments'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 )
	=	14.0355	/	0.008
	=	1,754.44

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.

Tower Investments Inventory Turnover Related Terms

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Tower Investments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tower Investments SA (WAR:TOW) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Ulica Wioslarska 8, Warsaw, POL, 00-411

Website

http://www.towerinvestments.pl

Tower Investments SA is a real estate development company. It develops retail properties and parks, as well as multi-purpose residential and commercial buildings. It co-creates and co-owns the SHOPIN brand which lends its name to shopping malls and retail parks. The company portfolio covers properties located in Poland.

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