Tokaido REIT (TSE:2989) Days Inventory : 0.00 (As of Jul. 2023)

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What is Tokaido REIT Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tokaido REIT's Average Total Inventories for the six months ended in Jul. 2023 was 円0 Mil. Tokaido REIT's Cost of Goods Sold for the six months ended in Jul. 2023 was 円490 Mil. Hence, Tokaido REIT's Days Inventory for the six months ended in Jul. 2023 was 0.00.

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

TSE:2989's Days Inventory is not ranked ^*
in the REITs industry.
Industry Median: 95.27
* Ranked among companies with meaningful Days Inventory only.

Tokaido REIT's Days Inventory stayed the same from Jul. 2022 (0.00) to Jul. 2023 (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. Tokaido REIT's Inventory-to-Revenue for the six months ended in Jul. 2023 was 0.00.

Tokaido REIT Days Inventory Historical Data

The historical data trend for Tokaido 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.

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Tokaido REIT Days Inventory Chart

Tokaido REIT Annual Data

Trend

Jul21

Jan22

Jul23

Days Inventory

Tokaido REIT Semi-Annual Data
	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Days Inventory	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Tokaido REIT's Days Inventory

For the REIT - Diversified subindustry, Tokaido 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.

Tokaido REIT's Days Inventory Distribution in the REITs Industry

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

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

Tokaido REIT Days Inventory Calculation

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

Tokaido REIT's Days Inventory for the fiscal year that ended in Jul. 2023 is calculated as

	Days Inventory (A: Jul. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jan. 2022 )	+	Total Inventories (A: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	876.355	*	365
=	0					/	876.355	*	365
=	0.00

Tokaido REIT's Days Inventory for the quarter that ended in Jul. 2023 is calculated as:

	Days Inventory (Q: Jul. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jan. 2023 )	+	Total Inventories (Q: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jul. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	489.947	*	365 / 2
=	0					/	489.947	*	365 / 2
=	0.00

Tokaido REIT (TSE:2989) 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.

Tokaido REIT's Inventory Turnover for the six months ended in Jul. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	489.947	/	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.

Tokaido REIT's Inventory to Revenue for the six months ended in Jul. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	1616.963
	=	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.

Tokaido REIT Days Inventory Related Terms

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

Tokaido REIT (TSE:2989) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Tokaido REIT Inc (TSE:2989) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-14-3 Nagatacho, Chiyoda-ku, Tokyo, JPN, 100-0014

Website

Tokaido REIT Inc is a real estate investment trust that focuses on the Tokaido area, mainly Shizuoka, Aichi, and Mie prefectures. Its Investment targets are divided into two types including "Industrial infrastructure assets" targeting logistics facilities and office buildings, and "Living infrastructure assets" for residential and commercial facilities.

Tokaido REIT (TSE:2989) Headlines

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