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Advance Residence Investment (TSE:3269) Days Inventory : 0.00 (As of Jan. 2023)


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What is Advance Residence Investment Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Advance Residence Investment's Average Total Inventories for the six months ended in Jan. 2023 was 円0 Mil. Advance Residence Investment's Cost of Goods Sold for the six months ended in Jan. 2023 was 円7,007 Mil. Hence, Advance Residence Investment's Days Inventory for the six months ended in Jan. 2023 was 0.00.

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

TSE:3269's Days Inventory is not ranked *
in the REITs industry.
Industry Median: 89.35
* Ranked among companies with meaningful Days Inventory only.

Advance Residence Investment's Days Inventory stayed the same from Jan. 2022 (0.00) to Jan. 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. Advance Residence Investment's Inventory-to-Revenue for the six months ended in Jan. 2023 was 0.00.


Advance Residence Investment Days Inventory Historical Data

The historical data trend for Advance Residence Investment'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.

Advance Residence Investment Days Inventory Chart

Advance Residence Investment Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21
Days Inventory
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Advance Residence Investment Semi-Annual Data
Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jan24
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Competitive Comparison of Advance Residence Investment's Days Inventory

For the REIT - Residential subindustry, Advance Residence Investment'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.


Advance Residence Investment's Days Inventory Distribution in the REITs Industry

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

* The bar in red indicates where Advance Residence Investment's Days Inventory falls into.



Advance Residence Investment Days Inventory Calculation

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

Advance Residence Investment's Days Inventory for the fiscal year that ended in Jul. 2021 is calculated as

Days Inventory (A: Jul. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jul. 2020 ) + Total Inventories (A: Jul. 2021 )) / count ) / Cost of Goods Sold (A: Jul. 2021 )*Days in Period
=( (0 + 0) / 1 ) / 13421.266*365
=0 / 13421.266*365
=0.00

Advance Residence Investment's Days Inventory for the quarter that ended in Jan. 2023 is calculated as:

Days Inventory (Q: Jan. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jul. 2022 ) + Total Inventories (Q: Jan. 2023 )) / count ) / Cost of Goods Sold (Q: Jan. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 7007.288*365 / 2
=0 / 7007.288*365 / 2
=0.00

* 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.


Advance Residence Investment  (TSE:3269) 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.

Advance Residence Investment's Inventory Turnover for the six months ended in Jan. 2023 is calculated as

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.

Advance Residence Investment's Inventory to Revenue for the six months ended in Jan. 2023 is calculated as

* 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.


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.


Advance Residence Investment Days Inventory Related Terms

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


Advance Residence Investment (TSE:3269) Business Description

Traded in Other Exchanges
N/A
Address
3-26 Kanda-Nishikicho, Chiyoda Ward, Tokyo, JPN, 101-0054
Advance Residence Investment Corp is a real estate investment trust that engaged in the property leasing business. It was created through consolidation type merger between the former Advance Residence Investment Corporation and Nippon Residential Investment Corporation. In order to secure stable earnings and steady growth in assets under management, the company procures funds through loans, issuance of investment corporation bonds, issuance of units, and other means of financing for purchasing real estate properties and repaying its debts. The company primarily invests in residential real estate properties located in central Tokyo, and the Tokyo metropolitan area.

Advance Residence Investment (TSE:3269) Headlines

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