Sancus Lending Group (LSE:LENZ.PFD) Inventory Turnover : 7.23 (As of Jun. 2023)

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What is Sancus Lending Group 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. Sancus Lending Group's Cost of Goods Sold for the six months ended in Jun. 2023 was £5.11 Mil. Sancus Lending Group's Average Total Inventories for the quarter that ended in Jun. 2023 was £0.71 Mil. Sancus Lending Group's Inventory Turnover for the quarter that ended in Jun. 2023 was 7.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sancus Lending Group's Days Inventory for the six months ended in Jun. 2023 was 25.24.

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. Sancus Lending Group's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.13.

Sancus Lending Group Inventory Turnover Historical Data

The historical data trend for Sancus Lending Group'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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Sancus Lending Group Inventory Turnover Chart

Sancus Lending Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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13.18

12.66

Sancus Lending Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Inventory Turnover	Get a 7-Day Free Trial															-	6.35	6.09	5.87	7.23

Sancus Lending Group Inventory Turnover Calculation

Sancus Lending Group's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	7.609	/ (	(0.496	+	0.706)	/	2 )
=	7.609	/	0.601
=	12.66

Sancus Lending Group's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	5.105	/ (	(0.706	+	0)	/	1 )
=	5.105	/	0.706
=	7.23

Sancus Lending Group (LSE:LENZ.PFD) 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.

Sancus Lending Group's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	0.706	/	5.105	*	365 / 2
	=	25.24

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.

Sancus Lending Group's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	0.706	/	5.407
	=	0.13

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.

Sancus Lending Group Inventory Turnover Related Terms

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Sancus Lending Group (LSE:LENZ.PFD) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Sancus Lending Group Ltd (LSE:LENZ.PFD) » Definitions » Inventory Turnover

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LEND:UK

Address

Les Vardes House, La Charrotiere, Saint Peter Port, GGY, GY1 1EL

Website

https://www.sancus.com

Sancus Lending Group Ltd is an alternative finance provider, offering borrowers fast, bespoke bridging and development finance and co-funders a range of asset-backed funding opportunities. Its segments include Offshore, United Kingdom, Ireland, and Sancus Loans Limited. The Offshore segment includes the operations of Sancus Lending (Jersey) Limited, Sancus Lending (Guernsey) Limited, Sancus Lending (Gibraltar) Limited, Sancus Properties Limited, and Sancus Group Holdings Limited.

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