Balwin Properties (JSE:BWN) Inventory Turnover : 0.14 (As of Feb. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Balwin Properties 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. Balwin Properties's Cost of Goods Sold for the six months ended in Feb. 2024 was R901 Mil. Balwin Properties's Average Total Inventories for the quarter that ended in Feb. 2024 was R6,309 Mil. Balwin Properties's Inventory Turnover for the quarter that ended in Feb. 2024 was 0.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Balwin Properties's Days Inventory for the six months ended in Feb. 2024 was 1,277.22.

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. Balwin Properties's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 5.39.

Balwin Properties Inventory Turnover Historical Data

The historical data trend for Balwin Properties'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.

* Premium members only.

Balwin Properties Inventory Turnover Chart

Balwin Properties Annual Data

Trend

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Inventory Turnover

Get a 7-Day Free Trial

0.66

0.53

0.51

0.45

0.28

Balwin Properties Semi-Annual Data
	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Inventory Turnover	Get a 7-Day Free Trial													0.27	0.23	0.21	0.13	0.14

Balwin Properties Inventory Turnover Calculation

Balwin Properties's Inventory Turnover for the fiscal year that ended in Feb. 2024 is calculated as

	Inventory Turnover (A: Feb. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Feb. 2024 )	/ (	(Total Inventories (A: Feb. 2023 )	+	Total Inventories (A: Feb. 2024 ))	/	count )
=	1690.629	/ (	(5734.382	+	6342.225)	/	2 )
=	1690.629	/	6038.3035
=	0.28

Balwin Properties's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

	Inventory Turnover (Q: Feb. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2024 )	/ (	(Total Inventories (Q: Aug. 2023 )	+	Total Inventories (Q: Feb. 2024 ))	/	count )
=	901.43	/ (	(6275.007	+	6342.225)	/	2 )
=	901.43	/	6308.616
=	0.14

Balwin Properties (JSE:BWN) 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.

Balwin Properties's Days Inventory for the six months ended in Feb. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2024 )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
	=	6308.616	/	901.43	*	365 / 2
	=	1,277.22

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.

Balwin Properties's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2024 )	/	Revenue (Q: Feb. 2024 )
	=	6308.616	/	1170.678
	=	5.39

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.

Balwin Properties Inventory Turnover Related Terms

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

Balwin Properties (JSE:BWN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Balwin Properties Ltd (JSE:BWN) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

105 Corlett Drive, Melrose, Johannesburg, GT, ZAF, 2196

Website

https://www.balwin.co.za

Balwin Properties Ltd is South Africa's residential property developer of large-scale, sectional title estates with a focus on high quality, environmentally efficient and affordable apartments with an lifestyle offering for residents. The operating segments of the company are: Sale of apartments, Provision of services to residential estates, Bond commission, Residential and commercial property rentals and Balwin Foundation.