Essential Properties Realty Trust (STU:2OU) Inventory Turnover : 0.23 (As of Mar. 2024)

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What is Essential Properties Realty Trust Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Essential Properties Realty Trust's Cost of Goods Sold for the three months ended in Mar. 2024 was €0.9 Mil. Essential Properties Realty Trust's Average Total Inventories for the quarter that ended in Mar. 2024 was €4.0 Mil. Essential Properties Realty Trust's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Essential Properties Realty Trust's Days Inventory for the three months ended in Mar. 2024 was 397.95.

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. Essential Properties Realty Trust's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.04.

Essential Properties Realty Trust Inventory Turnover Historical Data

The historical data trend for Essential Properties Realty Trust's Inventory Turnover 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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Essential Properties Realty Trust Inventory Turnover Chart

Essential Properties Realty Trust Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.53

0.42

0.37

0.36

0.75

Essential Properties Realty Trust Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.16	0.23	0.34	0.24	0.23

Essential Properties Realty Trust Inventory Turnover Calculation

Essential Properties Realty Trust's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	4.276	/ (	(4.512	+	6.836)	/	2 )
=	4.276	/	5.674
=	0.75

Essential Properties Realty Trust's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	0.914	/ (	(6.836	+	1.136)	/	2 )
=	0.914	/	3.986
=	0.23

Essential Properties Realty Trust (STU:2OU) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Essential Properties Realty Trust's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	3.986	/	0.914	*	365 / 4
	=	397.95

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.

Essential Properties Realty Trust's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	3.986	/	95.221
	=	0.04

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Essential Properties Realty Trust Inventory Turnover Related Terms

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Essential Properties Realty Trust (STU:2OU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Essential Properties Realty Trust Inc (STU:2OU) » Definitions » Inventory Turnover

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Traded in Other Exchanges

EPRT:USA 2OU:Germany

Address

902 Carnegie Center Boulevard, Suite 520, Princeton, NJ, USA, 08540

Website

https://essentialproperties.com

Essential Properties Realty Trust Inc is a real estate investment trust. It acquires, owns and manages single-tenant properties that are net leased on a long-term basis to middle-market companies operating service-oriented or experience-based businesses.

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