Safehold (Safehold) Days Inventory : 5.95 (As of Mar. 2023)

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What is Safehold Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Safehold's Average Total Inventories for the three months ended in Mar. 2023 was $2.7 Mil. Safehold's Cost of Goods Sold for the three months ended in Mar. 2023 was $42.1 Mil. Hence, Safehold's Days Inventory for the three months ended in Mar. 2023 was 5.95.

The historical rank and industry rank for Safehold's Days Inventory or its related term are showing as below:

SAFE' s Days Inventory Range Over the Past 10 Years
Min: 2.81 Med: 70.43 Max: 441.21
Current: 3.24

During the past 13 years, Safehold's highest Days Inventory was 441.21. The lowest was 2.81. And the median was 70.43.

SAFE's Days Inventory is not ranked
in the REITs industry.
Industry Median: 87.84 vs SAFE: 3.24

Safehold's Days Inventory increased from Mar. 2022 (1.06) to Mar. 2023 (5.95). It might indicate that Safehold's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Safehold's Inventory Turnover for the three months ended in Mar. 2023 was 15.34.

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. Safehold's Inventory-to-Revenue for the three months ended in Mar. 2023 was 0.04.

Safehold Days Inventory Historical Data

The historical data trend for Safehold's Days Inventory 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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Safehold Days Inventory Chart

Safehold Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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24.71

17.84

7.21

3.02

3.66

Safehold Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Days Inventory	Get a 7-Day Free Trial															1.06	1.69	2.67	5.67	5.95

Competitive Comparison of Safehold's Days Inventory

For the REIT - Diversified subindustry, Safehold's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Safehold's Days Inventory Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Safehold's Days Inventory distribution charts can be found below:

* The bar in red indicates where Safehold's Days Inventory falls into.

Safehold Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Safehold's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.301	+	3.977)	/	2 )	/	213.106	*	365
=	2.139					/	213.106	*	365
=	3.66

Safehold's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

	Days Inventory (Q: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (3.977	+	1.508)	/	2 )	/	42.079	*	365 / 4
=	2.7425					/	42.079	*	365 / 4
=	5.95

Safehold (NYSE:SAFE) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Safehold's Inventory Turnover for the three months ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	42.079	/	2.7425
	=	15.34

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.

Safehold's Inventory to Revenue for the three months ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.7425	/	78.329
	=	0.04

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Safehold Days Inventory Related Terms

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

Safehold (Safehold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Safehold Inc (NYSE:SAFE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1114 Avenue of the Americas, 39th Floor, New York, NY, USA, 10036

Website

https://www.safeholdinc.com

Safehold Inc is revolutionizing real estate ownership by providing a new and better way for owners to unlock the value of the land beneath their buildings. It continues to help owners of high quality multifamily, office, industrial, hospitality, student housing, life science and mixed-use properties generate higher returns with less risk.

Executives

Jay S Nydick	officer: PRESIDENT	1114 AVENUE OF THE AMERICAS, 27TH FLR, NEW YORK NY 10036
Robin Josephs	director
Jay Sugarman	director, officer: Chairman and CEO	24301 WALDEN CENTER DR, BONITA SPRINGS FL 34134
Barry W Ridings	director	21 LILAC LANE, PRINCETON NJ 08540
Gic Private Ltd	director	168 ROBINSON ROAD, #37-01 CAPITAL TOWER, SINGAPORE U0 068912
Istar Inc.	10 percent owner	1114 AVENUE OF THE AMERICAS, 39TH FLOOR, NEW YORK NY 10036
Sfty Venture Llc	director	C/O GIC REAL ESTATE, INC., 280 PARK AVENUE, 9TH FLOOR, NEW YORK NY 10017
Gic Real Estate, Inc.	director	ONE BUSH STREET, SUITE 1000, SAN FRANCISCO CA 94104
Gic Real Estate Private Ltd	director	C/O GIC PRIVATE LIMITED, 168 ROBINSON ROAD, #37-01 CAPITAL TOWER, SINGAPORE U0 068912
Jesse Hom	director	168 ROBINSON ROAD, #37-01, CAPITAL TOWER, SINGAPORE U0 068912
Stefan M Selig	director	2 EAST 70TH STREET, NEW YORK NY 10021
Star Holdings	10 percent owner	1114 AVENUE OF THE AMERICAS, 39TH FLOOR, NEW YORK NY 10036
Brett Asnas	officer: Chief Financial Officer	C/O ISTAR, 1114 AVENUE OF THE AMERICAS, FL. 39, NEW YORK NY 10036
Garett Rosenblum	officer: Chief Accounting Officer	C/O ISTAR, 1114 AVENUE OF THE AMERICAS, FL. 39, NEW YORK NY 10036
David Eisenberg	director	C/O ISTAR, 1114 AVENUE OF THE AMERICAS, FL. 39, NEW YORK NY 10036