Palace Capital (LSE:PCA) Inventory Turnover : 0.38 (As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Palace Capital 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. Palace Capital's Cost of Goods Sold for the six months ended in Mar. 2024 was £3.23 Mil. Palace Capital's Average Total Inventories for the quarter that ended in Mar. 2024 was £8.42 Mil. Palace Capital's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Palace Capital's Days Inventory for the six months ended in Mar. 2024 was 476.45.

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. Palace Capital's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.12.

Palace Capital Inventory Turnover Historical Data

The historical data trend for Palace Capital'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.

Palace Capital Inventory Turnover Chart

Palace Capital Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

0.11

0.18

0.97

1.09

1.02

Palace Capital Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.46	0.37	0.73	0.66	0.38

Palace Capital Inventory Turnover Calculation

Palace Capital's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	9.776	/ (	(11.055	+	8.126)	/	2 )
=	9.776	/	9.5905
=	1.02

Palace Capital'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: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	3.225	/ (	(8.713	+	8.126)	/	2 )
=	3.225	/	8.4195
=	0.38

Palace Capital (LSE:PCA) 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.

Palace Capital's Days Inventory for the six 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
	=	8.4195	/	3.225	*	365 / 2
	=	476.45

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.

Palace Capital'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 )
	=	8.4195	/	7.491
	=	1.12

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.

Palace Capital Inventory Turnover Related Terms

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

Palace Capital (LSE:PCA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Palace Capital PLC (LSE:PCA) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

PCAl:UK

Address

6-8 Greencoat Place, Fora Victoria, London, GBR, SW1P 1PL

Website

https://www.palacecapitalplc.com

Palace Capital PLC is a property investment company. Its property portfolio includes investment properties located throughout England, predominantly regional investments outside London, and comprises a diverse portfolio of commercial buildings. The company generates revenue in the form of Rent. Its only reportable segment is an Investment property. The company's properties include Hudson House, York; Fraser House, Staines, Milton Keynes, and Midsummer Boulevard.

Palace Capital (LSE:PCA) Headlines

No Headlines