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Glenveagh Properties (DUB:GVR) Days Inventory : 382.14 (As of Dec. 2023)


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What is Glenveagh Properties Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Glenveagh Properties's Average Total Inventories for the six months ended in Dec. 2023 was €736.1 Mil. Glenveagh Properties's Cost of Goods Sold for the six months ended in Dec. 2023 was €351.6 Mil. Hence, Glenveagh Properties's Days Inventory for the six months ended in Dec. 2023 was 382.14.

The historical rank and industry rank for Glenveagh Properties's Days Inventory or its related term are showing as below:

DUB:GVR' s Days Inventory Range Over the Past 10 Years
Min: 494.1   Med: 978.39   Max: 2508.73
Current: 530.2

During the past 7 years, Glenveagh Properties's highest Days Inventory was 2508.73. The lowest was 494.10. And the median was 978.39.

DUB:GVR's Days Inventory is ranked worse than
71.13% of 97 companies
in the Homebuilding & Construction industry
Industry Median: 326.57 vs DUB:GVR: 530.20

Glenveagh Properties's Days Inventory increased from Dec. 2022 (368.13) to Dec. 2023 (382.14). It might indicate that Glenveagh Properties's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Glenveagh Properties's Inventory Turnover for the six months ended in Dec. 2023 was 0.48.

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. Glenveagh Properties's Inventory-to-Revenue for the six months ended in Dec. 2023 was 1.69.


Glenveagh Properties Days Inventory Historical Data

The historical data trend for Glenveagh Properties's Days Inventory 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.

* Premium members only.

Glenveagh Properties Days Inventory Chart

Glenveagh Properties Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 1,220.59 1,360.97 736.19 494.10 513.50

Glenveagh Properties Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 522.88 858.31 368.13 921.36 382.14

Competitive Comparison of Glenveagh Properties's Days Inventory

For the Residential Construction subindustry, Glenveagh Properties's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Glenveagh Properties's Days Inventory Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Glenveagh Properties's Days Inventory distribution charts can be found below:

* The bar in red indicates where Glenveagh Properties's Days Inventory falls into.



Glenveagh Properties Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Glenveagh Properties's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (685.751 + 707.6) / 2 ) / 495.207*365
=696.6755 / 495.207*365
=513.50

Glenveagh Properties's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (764.661 + 707.6) / 2 ) / 351.56*365 / 2
=736.1305 / 351.56*365 / 2
=382.14

* 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.


Glenveagh Properties  (DUB:GVR) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Glenveagh Properties's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

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.

Glenveagh Properties's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

* 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Glenveagh Properties Days Inventory Related Terms

Thank you for viewing the detailed overview of Glenveagh Properties's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Glenveagh Properties (DUB:GVR) Business Description

Traded in Other Exchanges
Address
Block B, Straffan Road, Maynooth Business Campus, Maynooth, Kildare, IRL, W23 W5X7
Glenveagh Properties PLC is engaged in homebuilding in Ireland. The company is organised into three key reportable segments, 1) The Suburban segment is engaged in housing (with some low rise apartments) with demand coming from private buyers and institutions. 2) Urban segment is engaged in developing apartments to deliver to institutional investors. The apartments are located primarily in Dublin and Cork, but also on sites adjacent to significant rail transportation hubs. 3) Partnerships segment involves the Government, local authorities, or state agencies contributing their land on a reduced cost, or phased basis into a development agreement with Glenveagh. Approximately 50% of the product is delivered back to the government or local authority via social and affordable homes.

Glenveagh Properties (DUB:GVR) Headlines

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