ESR LOGOS REIT (SGX:J91U) Inventory Turnover : 0.27 (As of Jun. 2023)

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What is ESR LOGOS REIT 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. ESR LOGOS REIT's Cost of Goods Sold for the six months ended in Jun. 2023 was S$56.0 Mil. ESR LOGOS REIT's Average Total Inventories for the quarter that ended in Jun. 2023 was S$209.0 Mil. ESR LOGOS REIT's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ESR LOGOS REIT's Days Inventory for the six months ended in Jun. 2023 was 680.93.

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. ESR LOGOS REIT's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 1.06.

ESR LOGOS REIT Inventory Turnover Historical Data

The historical data trend for ESR LOGOS REIT'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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ESR LOGOS REIT Inventory Turnover Chart

ESR LOGOS REIT Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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3.06

11.42

2.32

2.31

ESR LOGOS REIT 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															0.54	0.78	1.11	1.00	0.27

ESR LOGOS REIT Inventory Turnover Calculation

ESR LOGOS REIT'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 )
=	98.989	/ (	(29.264	+	56.595)	/	2 )
=	98.989	/	42.9295
=	2.31

ESR LOGOS REIT'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 )
=	56.016	/ (	(56.595	+	361.41)	/	2 )
=	56.016	/	209.0025
=	0.27

ESR LOGOS REIT (SGX:J91U) 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.

ESR LOGOS REIT'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
	=	209.0025	/	56.016	*	365 / 2
	=	680.93

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.

ESR LOGOS REIT'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 )
	=	209.0025	/	196.845
	=	1.06

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.

ESR LOGOS REIT Inventory Turnover Related Terms

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ESR LOGOS REIT (SGX:J91U) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » ESR LOGOS REIT (SGX:J91U) » Definitions » Inventory Turnover

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CGIUF:USA

Address

5 Temasek Boulevard, No. 12-09 Suntec Tower Five, Singapore, SGP, 038985

Website

https://www.esr-logosreit.com.sg

ESR-Logos REIT is a Singapore-focused REIT that invests primarily in industrial properties and business parks. Its portfolio consists of 82 properties (including joint ventures), with assets under management of SGD 5 billion, spreading across Singapore, Australia and Japan. Property types include business parks, general industrial, logistics and warehouse, and high-specification industrial properties. The trust also invested in three property funds, namely ESR Australia Logistics Partnership, New LAIVS Trust, and Oxford Property Fund. The trust is externally managed by ESR Funds Management (S) Limited, which in turn is majority-owned by parent, ESR Group. Overall, ESR Group has around 10% stake in the trust through direct and indirect interests.

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