Apple Hospitality REIT (Apple Hospitality REIT) Days Inventory : 0.00 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Apple Hospitality REIT Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Apple Hospitality REIT's Average Total Inventories for the three months ended in Mar. 2024 was $0 Mil. Apple Hospitality REIT's Cost of Goods Sold for the three months ended in Mar. 2024 was $218 Mil. Hence, Apple Hospitality REIT's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

APLE's Days Inventory is not ranked ^*
in the REITs industry.
Industry Median: 84.855
* Ranked among companies with meaningful Days Inventory only.

Apple Hospitality REIT's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

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

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. Apple Hospitality REIT's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.

Apple Hospitality REIT Days Inventory Historical Data

The historical data trend for Apple Hospitality REIT'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.

* Premium members only.

Apple Hospitality REIT Days Inventory Chart

Apple Hospitality REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

Apple Hospitality REIT Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Apple Hospitality REIT's Days Inventory

For the REIT - Hotel & Motel subindustry, Apple Hospitality REIT'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.

Apple Hospitality REIT's Days Inventory Distribution in the REITs Industry

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

* The bar in red indicates where Apple Hospitality REIT's Days Inventory falls into.

Apple Hospitality REIT Days Inventory Calculation

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

Apple Hospitality REIT's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	860.032	*	365
=	0					/	860.032	*	365
=	0.00

Apple Hospitality REIT's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	218.256	*	365 / 4
=	0					/	218.256	*	365 / 4
=	0.00

Apple Hospitality REIT (NYSE:APLE) 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.

Apple Hospitality REIT's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	218.256	/	0
	=

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.

Apple Hospitality REIT's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	329.512
	=	0.00

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.

Apple Hospitality REIT Days Inventory Related Terms

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

Apple Hospitality REIT (Apple Hospitality REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Apple Hospitality REIT Inc (NYSE:APLE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

48T:Germany

Address

814 East Main Street, Richmond, VA, USA, 23219

Website

https://www.applehospitalityreit.com

Apple Hospitality REIT Inc is a real estate investment trust that invests in income-producing real estate, majorly in the lodging sector, in the United States. It chiefly invests in upscale service hotels. All of the company's hotels operate under the Marriott or Hilton brands. Apple Hospitality has wholly owned taxable REIT subsidiaries, which lease all of the company's hotels from wholly owned qualified REIT subsidiaries. These hotels are managed under separate agreements with various hotel management companies that are unaffiliated with Apple Hospitality. The company derives its income from hotel revenue, its sole segment.

Executives

Elizabeth Perkins	officer: SVP & Chief Financial Officer	C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219
Justin G Knight	director, officer: CEO	10 S THIRD ST, RICHMOND VA 23219
Nelson Knight	officer: President Real Estate & Invest	814 E MAIN STREET, RICHMOND VA 23219
Redd Hugh	director	C/O GENERAL DYNAMICS CORPORATION, 2941 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Howard E. Woolley	director	C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219
Carolyn B Handlon	director	1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Jon A Fosheim	director	DIGITALBRIDGE GROUP, INC., 750 PARK OF COMMERCE DRIVE, SUITE 210, BOCA RATON FL 33487
Blythe J Mcgarvie	director	HANNAFORD BROS CO, 145 PLEASANT HILL RD, SCARBOROUGH ME 04074
Bunting Glenn W Jr	director	1551 NORTH TUSTIN AVENUE, SUITE 200, SANTA ANA CA 92705
Kristian M Gathright	director	10 S THIRD ST, RICHMOND VA 23219
Glade M Knight	director, officer: Executive Chairman	306 E MAINS T, RICHMOND VA 23219
Matthew Rash	officer: SVP & Chief Legal Officer	C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219
Rachel Labrecque	officer: SVP & Chief Accounting Officer	C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219
Jeanette Clarke	officer: SVP Chief Cap. Invest. Officer	C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219
Karen Catherine Gallagher	officer: SVP & Chief Operating Officer	C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219