Lead Real Estate Co (Lead Real Estate Co) Inventory Turnover : 0.50 (As of Dec. 2023)

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What is Lead Real Estate Co 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. Lead Real Estate Co's Cost of Goods Sold for the six months ended in Dec. 2023 was $38.5 Mil. Lead Real Estate Co's Average Total Inventories for the quarter that ended in Dec. 2023 was $77.5 Mil. Lead Real Estate Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lead Real Estate Co's Days Inventory for the six months ended in Dec. 2023 was 367.75.

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. Lead Real Estate Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.69.

Lead Real Estate Co Inventory Turnover Historical Data

The historical data trend for Lead Real Estate Co'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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Lead Real Estate Co Inventory Turnover Chart

Lead Real Estate Co Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

1.95

2.28

1.65

1.49

Lead Real Estate Co Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial			1.08	0.73	0.69	0.83	0.50

Lead Real Estate Co Inventory Turnover Calculation

Lead Real Estate Co's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	103.891	/ (	(66.032	+	73.584)	/	2 )
=	103.891	/	69.808
=	1.49

Lead Real Estate Co'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 )
=	38.481	/ (	(73.584	+	81.499)	/	2 )
=	38.481	/	77.5415
=	0.50

Lead Real Estate Co (NAS:LRE) 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.

Lead Real Estate Co'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
	=	77.5415	/	38.481	*	365 / 2
	=	367.75

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.

Lead Real Estate Co'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 )
	=	77.5415	/	45.904
	=	1.69

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.

Lead Real Estate Co Inventory Turnover Related Terms

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Lead Real Estate Co (Lead Real Estate Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lead Real Estate Co Ltd (NAS:LRE) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nampeidai-cho, Shibuya-ku, 6th Floor, MFPR Shibuya Nanpeidai Building 16-11, Tokyo, JPN, 150-0036

Website

https://www.lead-real.co.jp

Lead Real Estate Co Ltd operates as a developer of luxury residential properties, including single-family homes and condominiums, across Tokyo and Kanagawa prefecture. It operates hotels in Tokyo and leases apartment building units to individual customers in Japan and Dallas, Texas. It generates revenue from developing and selling single-family homes and condominiums. The company's primary and sole operating segment is real estate sales.

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