UNITE Group (LSE:UTG) Inventory-to-Revenue : 0.20 (As of Dec. 2023)

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What is UNITE Group Inventory-to-Revenue?

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. UNITE Group's Average Total Inventories for the quarter that ended in Dec. 2023 was £21.8 Mil. UNITE Group's Revenue for the six months ended in Dec. 2023 was £111.1 Mil. UNITE Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.20.

UNITE Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.10) to Jun. 2023 (0.20)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. UNITE Group's Days Inventory for the six months ended in Dec. 2023 was 94.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. UNITE Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.93.

UNITE Group Inventory-to-Revenue Historical Data

The historical data trend for UNITE Group's Inventory-to-Revenue 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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UNITE Group Inventory-to-Revenue Chart

UNITE Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.04

0.03

0.04

0.05

0.08

UNITE Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory-to-Revenue	Get a 7-Day Free Trial															0.09	0.08	0.11	0.10	0.20

Competitive Comparison of UNITE Group's Inventory-to-Revenue

For the REIT - Diversified subindustry, UNITE Group's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.

UNITE Group's Inventory-to-Revenue Distribution in the REITs Industry

For the REITs industry and Real Estate sector, UNITE Group's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where UNITE Group's Inventory-to-Revenue falls into.

UNITE Group Inventory-to-Revenue Calculation

UNITE Group's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (A: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )
=	( (12.8	+	26.2)	/	2 )	/	259.2
=	19.5					/	259.2
=	0.08

UNITE Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (Q: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (17.4	+	26.2)	/	2 )	/	111.1
=	21.8					/	111.1
=	0.20

UNITE Group (LSE:UTG) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

UNITE Group'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
	=	21.8	/	42.1	*	365 / 2
	=	94.50

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

UNITE Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	42.1	/	21.8
	=	1.93

UNITE Group Inventory-to-Revenue Related Terms

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UNITE Group (LSE:UTG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » UNITE Group PLC (LSE:UTG) » Definitions » Inventory-to-Revenue

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UTGPF:USA UTGl:UK

Address

South Quay House, Temple Back, Bristol, GBR, BS1 6FL

Website

https://www.unite-group.co.uk

UNITE Group PLC develops and operates student housing. It has nearly 150 properties in the United Kingdom that can accommodate almost 50,000 students. Nearly 20% of its rental capacity is in London. The company rents rooms both directly to students and through partnerships with more than 50 universities. Properties often have communal kitchens and other common rooms. Rental income typically provides a portion of the company's revenue. The company also generates revenue from management and development fees and from property sales.