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

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What is Advance Residence Investment 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. Advance Residence Investment's Cost of Goods Sold for the six months ended in Jan. 2023 was 円7,007 Mil. Advance Residence Investment's Average Total Inventories for the quarter that ended in Jan. 2023 was 円0 Mil.

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 six months ended in Jan. 2023 was 0.00.

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 quarter that ended in Jan. 2023 was 0.00.

Advance Residence Investment Inventory Turnover Historical Data

The historical data trend for Advance Residence Investment'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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Advance Residence Investment Inventory Turnover Chart

Advance Residence Investment Annual Data

Trend

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Inventory Turnover

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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
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Advance Residence Investment Inventory Turnover Calculation

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

	Inventory Turnover (A: Jul. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jul. 2021 )	/ (	(Total Inventories (A: Jul. 2020 )	+	Total Inventories (A: Jul. 2021 ))	/	count )
=	13421.266	/ (	(0	+	0)	/	1 )
=	13421.266	/	0
=	N/A

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

	Inventory Turnover (Q: Jan. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2023 )	/ (	(Total Inventories (Q: Jul. 2022 )	+	Total Inventories (Q: Jan. 2023 ))	/	count )
=	7007.288	/ (	(0	+	0)	/	1 )
=	7007.288	/	0
=	N/A

Advance Residence Investment (TSE:3269) 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.

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

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

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 quarter that ended in Jan. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2023 )	/	Revenue (Q: Jan. 2023 )
	=	0	/	17868.5
	=	0.00

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.

Advance Residence Investment Inventory Turnover Related Terms

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Advance Residence Investment (TSE:3269) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Advance Residence Investment Corp (TSE:3269) » Definitions » Inventory Turnover

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Address

3-26 Kanda-Nishikicho, Chiyoda Ward, Tokyo, JPN, 101-0054

Website

http://www.adr-reit.com

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.

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