InCity Immobilien AG (XTER:IC8) Inventory Turnover : 2.02 (As of Dec. 2023)

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What is InCity Immobilien 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. InCity Immobilien AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €30.63 Mil. InCity Immobilien AG's Average Total Inventories for the quarter that ended in Dec. 2023 was €15.13 Mil. InCity Immobilien AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. InCity Immobilien AG's Days Inventory for the six months ended in Dec. 2023 was 90.17.

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. InCity Immobilien AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.46.

InCity Immobilien AG Inventory Turnover Historical Data

The historical data trend for InCity Immobilien 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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InCity Immobilien AG Inventory Turnover Chart

InCity Immobilien AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.86

0.89

0.44

0.14

2.72

InCity Immobilien 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															0.28	0.13	0.05	0.06	2.02

InCity Immobilien AG Inventory Turnover Calculation

InCity Immobilien 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 )
=	32.112	/ (	(20.058	+	3.576)	/	2 )
=	32.112	/	11.817
=	2.72

InCity Immobilien 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 )
=	30.626	/ (	(26.687	+	3.576)	/	2 )
=	30.626	/	15.1315
=	2.02

InCity Immobilien AG (XTER:IC8) 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.

InCity Immobilien 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
	=	15.1315	/	30.626	*	365 / 2
	=	90.17

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.

InCity Immobilien 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 )
	=	15.1315	/	32.62
	=	0.46

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.

InCity Immobilien AG Inventory Turnover Related Terms

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InCity Immobilien AG (XTER:IC8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » InCity Immobilien AG (XTER:IC8) » Definitions » Inventory Turnover

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IC8:Germany

Address

Beethovenstrasse 71, Frankfurt am Main, DEU, 60325

Website

http://www.incity.ag

InCity Immobilien AG is a German company which operates in the real estate industry. The firm purchases and manages high-quality residential and commercial real estate projects. It also participates through partnership models with regional project developers in residential and commercial real estate projects in selected German metropolitan regions. The company's main activities comprise the investment and management, with partners, of undervalued residential and commercial real estate properties in metropolitan cities across Germany to add value to them and gain profit on their further resale or leasing.

Executives

Luca Pesarini

Supervisory Board

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