Northview Residential REIT (TSX:NRR.UN) Days Inventory : 0.00 (As of Mar. 2024)

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What is Northview Residential REIT Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Northview Residential REIT's Average Total Inventories for the three months ended in Mar. 2024 was C$0.0 Mil. Northview Residential REIT's Cost of Goods Sold for the three months ended in Mar. 2024 was C$0.0 Mil.

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

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

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

Northview Residential REIT Days Inventory Historical Data

The historical data trend for Northview Residential 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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Northview Residential REIT Days Inventory Chart

Northview Residential REIT Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec21

Dec22

Dec23

Days Inventory

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Northview Residential REIT Quarterly Data
	Dec17	Dec18	Mar19	Jun19	Dec19	Mar20	Jun20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Northview Residential REIT's Days Inventory

For the REIT - Residential subindustry, Northview Residential 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.

Northview Residential REIT's Days Inventory Distribution in the REITs Industry

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

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

Northview Residential REIT Days Inventory Calculation

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

Northview Residential 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 )	/	4.211	*	365
=	0					/	4.211	*	365
=	0.00

Northview Residential 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 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Northview Residential REIT (TSX:NRR.UN) 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.

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

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

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	68.845
	=	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.

Northview Residential REIT Days Inventory Related Terms

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

Northview Residential REIT (TSX:NRR.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Northview Residential REIT (TSX:NRR.UN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

6131 - 6th Street SE, Suite 200, Calgary, AB, CAN, T2H 1L9

Website

https://www.rentnorthview.com

Northview Residential REIT is a internally managed, traditional open-ended real estate investment trust. It acquires, owns, and operate, indirectly, a geographically diversified portfolio comprised of income producing multi-residential suites, commercial real estate, located predominantly in secondary markets in British Columbia, Alberta, Saskatchewan, Quebec, New Brunswick, Newfoundland and Labrador, the Northwest Territories, and Nunavut.

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