SIF Imobiliare (BSE:SIFI) Inventory Turnover : 17.20 (As of Dec. 2023)

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What is SIF Imobiliare 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. SIF Imobiliare's Cost of Goods Sold for the six months ended in Dec. 2023 was lei0.09 Mil. SIF Imobiliare's Average Total Inventories for the quarter that ended in Dec. 2023 was lei0.01 Mil. SIF Imobiliare's Inventory Turnover for the quarter that ended in Dec. 2023 was 17.20.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SIF Imobiliare's Days Inventory for the six months ended in Dec. 2023 was 10.61.

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. SIF Imobiliare's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

SIF Imobiliare Inventory Turnover Historical Data

The historical data trend for SIF Imobiliare'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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SIF Imobiliare Inventory Turnover Chart

SIF Imobiliare Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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8.08

2.62

3.55

37.20

17.20

SIF Imobiliare Semi-Annual Data
	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Inventory Turnover	Get a 7-Day Free Trial			8.08	2.62	3.55	37.20	17.20

SIF Imobiliare Inventory Turnover Calculation

SIF Imobiliare'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 )
=	0.085999999999999	/ (	(0.005	+	0)	/	1 )
=	0.085999999999999	/	0.005
=	17.20

SIF Imobiliare'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: Dec. 2022 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	0.085999999999999	/ (	(0.005	+	0)	/	1 )
=	0.085999999999999	/	0.005
=	17.20

SIF Imobiliare (BSE:SIFI) 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.

SIF Imobiliare'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
	=	0.005	/	0.085999999999999	*	365 / 2
	=	10.61

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.

SIF Imobiliare'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 )
	=	0.005	/	26.019
	=	0.00

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.

SIF Imobiliare Inventory Turnover Related Terms

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