HIAG Immobilien Holding AG (XSWX:HIAG) Inventory Turnover : 0.71 (As of Dec. 2023)

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What is HIAG Immobilien Holding AG 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. HIAG Immobilien Holding AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF21.0 Mil. HIAG Immobilien Holding AG's Average Total Inventories for the quarter that ended in Dec. 2023 was CHF29.6 Mil. HIAG Immobilien Holding AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HIAG Immobilien Holding AG's Days Inventory for the six months ended in Dec. 2023 was 257.47.

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. HIAG Immobilien Holding AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.49.

HIAG Immobilien Holding AG Inventory Turnover Historical Data

The historical data trend for HIAG Immobilien Holding AG'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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HIAG Immobilien Holding AG Inventory Turnover Chart

HIAG Immobilien Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.50

0.94

0.30

0.56

1.37

HIAG Immobilien Holding AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.17	0.18	0.35	0.39	0.71

HIAG Immobilien Holding AG Inventory Turnover Calculation

HIAG Immobilien Holding AG'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 )
=	34.837	/ (	(30.976	+	19.846)	/	2 )
=	34.837	/	25.411
=	1.37

HIAG Immobilien Holding AG's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	20.978	/ (	(39.345	+	19.846)	/	2 )
=	20.978	/	29.5955
=	0.71

HIAG Immobilien Holding AG (XSWX:HIAG) 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.

HIAG Immobilien Holding AG's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	29.5955	/	20.978	*	365 / 2
	=	257.47

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.

HIAG Immobilien Holding AG's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	29.5955	/	60.5
	=	0.49

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.

HIAG Immobilien Holding AG Inventory Turnover Related Terms

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HIAG Immobilien Holding AG (XSWX:HIAG) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » HIAG Immobilien Holding AG (XSWX:HIAG) » Definitions » Inventory Turnover

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HIAGz:UK

Address

Aeschenplatz 7, Basel, CHE, 4052

Website

https://www.hiag.com/en

HIAG Immobilien Holding AG is a property redevelopment company. The company's portfolio covers 40 sites with a total land area of 2.5 million square meters. Its core business focuses on the management of master plans and building permit procedures, site marketing, the steering of redevelopment processes, and portfolio management, including property administration. About 91% of its real estate portfolio is situated in the economic catchment areas of Zurich/Zug, Baden/Brugg, Basel, and Geneva. The company's business activities are divided into three segments Yielding Portfolio, Development Portfolio, and the Transaction segment.

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