Modiv Industrial (Modiv Industrial) Total Inventories : $0.00 Mil (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Modiv Industrial Total Inventories?

Modiv Industrial's total inventories for the quarter that ended in Mar. 2024 was $0.00 Mil. Modiv Industrial's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $5.83 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Modiv Industrial's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-32.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Modiv Industrial's Days Inventory for the three months ended in Mar. 2024 was 540.68.

Inventory Turnover measures how fast the company turns over its inventory within a year. Modiv Industrial's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.17.

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. Modiv Industrial's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.49.

Modiv Industrial Total Inventories Historical Data

The historical data trend for Modiv Industrial's Total Inventories 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.

Modiv Industrial Total Inventories Chart

Modiv Industrial Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

25.67

32.30

5.27

11.66

Modiv Industrial Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial											5.27	49.51	8.67	11.66	-

Modiv Industrial Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Modiv Industrial (NYSE:MDV) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Modiv Industrial's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(18.405	+	0.75 * 14.558	+	0.5 * 0	-	294.127
-	0.002	-	40.338)	/	9.3893
=	-32.50

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

Modiv Industrial'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
	=	5.8305	/	0.984	*	365 / 4
	=	540.68

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Modiv Industrial's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	0.984	/	5.8305
	=	0.17

4. 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.

Modiv Industrial'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 )
	=	5.8305	/	11.901
	=	0.49

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Modiv Industrial Total Inventories Related Terms

Thank you for viewing the detailed overview of Modiv Industrial's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Modiv Industrial (Modiv Industrial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Modiv Industrial Inc (NYSE:MDV) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 S. Virginia Street, Suite 800, Reno, NV, USA, 89501

Website

https://www.modiv.com

Modiv Industrial Inc Formerly Modiv Inc is a pioneer in the direct-to-consumer commercial real estate product industry. It provides individual investors access to real estate and real estate-related investments designed to provide both income and long-term growth. The Company has invested in single-tenant income-producing properties. All of the company's consolidated revenues are derived from company's consolidated real estate properties.

Executives

Aaron Scott Halfacre	officer: CEO	2100 REXFORD ROAD, SUITE 300, CHARLOTTE NC 28211
Nolan Thomas H Jr	director	14631 NORTH SCOTTSDALE RD, SUITE 200, SCOTTSDALE AZ 85254
Kimberly J Smith	director	2325 E CAMELBACK RD, SUITE 1100, PHOENIX AZ 85016
Raymond J Pacini	officer: CFO	550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071
Adam Scott Markman	director	TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Tirondola Connie	director	14 DAYDREAM LN, ANDOVER NJ 07821
Asma Ishaq	director	120 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Curtis B Mcwilliams	director	450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
Group Of Trophy, Llc	10 percent owner	21140 S. AVALON BLVD, CARSON CA 90745
Joe F Hanauer	director	361 FOREST AVE, LAGUNA BEACH CA 92651
Sandra G Sciutto	officer: CAO	6 EXECUTIVE CIRCLE, SUITE 250, IRVINE CA 92614
David Perduk	officer: CIO	PO BOX 1705, LAGUNA BEACH CA 92652
John Harold Davis	officer: CFO	3090 BRISTOL STREET, SUITE 550, COSTA MESA CA 92626
Jeffrey Randolph	other: Trust Manager	3080 BRISTOL STREET, SUITE 550, COSTA MESA CA 92626
John C Wang	director