Alrov Properties & Lodgings (XTAE:ALRPR) Inventory Turnover : 7.51 (As of Mar. 2024)

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What is Alrov Properties & Lodgings 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. Alrov Properties & Lodgings's Cost of Goods Sold for the three months ended in Mar. 2024 was ₪186 Mil. Alrov Properties & Lodgings's Average Total Inventories for the quarter that ended in Mar. 2024 was ₪25 Mil. Alrov Properties & Lodgings's Inventory Turnover for the quarter that ended in Mar. 2024 was 7.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alrov Properties & Lodgings's Days Inventory for the three months ended in Mar. 2024 was 12.16.

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. Alrov Properties & Lodgings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.09.

Alrov Properties & Lodgings Inventory Turnover Historical Data

The historical data trend for Alrov Properties & Lodgings'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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Alrov Properties & Lodgings Inventory Turnover Chart

Alrov Properties & Lodgings Annual Data

Trend

Dec08

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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7.24

6.57

8.30

12.21

24.70

Alrov Properties & Lodgings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															7.58	8.68	8.67	-0.39	7.51

Alrov Properties & Lodgings Inventory Turnover Calculation

Alrov Properties & Lodgings'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 )
=	603.434	/ (	(23.92	+	24.94)	/	2 )
=	603.434	/	24.43
=	24.70

Alrov Properties & Lodgings's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	185.782	/ (	(24.94	+	24.567)	/	2 )
=	185.782	/	24.7535
=	7.51

Alrov Properties & Lodgings (XTAE:ALRPR) 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.

Alrov Properties & Lodgings's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	24.7535	/	185.782	*	365 / 4
	=	12.16

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.

Alrov Properties & Lodgings's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	24.7535	/	261.099
	=	0.09

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.

Alrov Properties & Lodgings Inventory Turnover Related Terms

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Alrov Properties & Lodgings (XTAE:ALRPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Alrov Properties & Lodgings Ltd (XTAE:ALRPR) » Definitions » Inventory Turnover

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Address

46 Rothschild Boulevard, The Alrov Tower, Tel Aviv, ISR, 66883

Website

https://www.alrov.co.il

Alrov Properties & Lodgings Ltd is an Israel-based real estate company. It is involved in investing in, developing and operating luxury projects. The company operating segments include Investment Property, lodging overseas, Lodging in Israel, Securities and others. It generates maximum revenue from the Investment Property segment. The company initiates projects related to hotels, office buildings, commercial and residential properties.

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