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Fat Prophets Global Property Fund (ASX:FPP) Inventory Turnover : 0.00 (As of Dec. 2023)


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What is Fat Prophets Global Property Fund 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. Fat Prophets Global Property Fund's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.14 Mil. Fat Prophets Global Property Fund's Average Total Inventories for the quarter that ended in Dec. 2023 was A$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fat Prophets Global Property Fund's Days Inventory for the six months ended in Dec. 2023 was 0.00.

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.


Fat Prophets Global Property Fund Inventory Turnover Historical Data

The historical data trend for Fat Prophets Global Property Fund'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.

Fat Prophets Global Property Fund Inventory Turnover Chart

Fat Prophets Global Property Fund Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Inventory Turnover
- - - - -

Fat Prophets Global Property Fund Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Fat Prophets Global Property Fund Inventory Turnover Calculation

Fat Prophets Global Property Fund'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 )
=0.201 / ((0 + 0) / 1 )
=0.201 / 0
=N/A

Fat Prophets Global Property Fund'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 )
=0.144 / ((0 + 0) / 1 )
=0.144 / 0
=N/A

* 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.


Fat Prophets Global Property Fund  (ASX:FPP) 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.

Fat Prophets Global Property Fund'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
=0/0.144*365 / 2
=0.00

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.

Fat Prophets Global Property Fund'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 / 0
=

* 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.


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.


Fat Prophets Global Property Fund Inventory Turnover Related Terms

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Fat Prophets Global Property Fund (ASX:FPP) Business Description

Traded in Other Exchanges
N/A
Address
1 Farrer Place, Level 16, Governor Macquarie Tower, Sydney, NSW, AUS, 2000
Fat Prophets Global Property Fund is the investment manager of the Fund. It Fund is an investment trust focused on investments with exposure to real estate. It has a presence in Australia, Singapore, Hong Kong, Japan, the United Kingdom, Europe, and the United States.

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