Days Inventory is also known as Days Sales of Inventory (DSI). UMH Properties's Average Total Inventories for the
three
months ended in Dec. 2023 was $35.9 Mil. UMH Properties's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $25.6 Mil.
Hence, UMH Properties's Days Inventory for the
three
months ended in Dec. 2023 was 128.23.
The historical rank and industry rank for UMH Properties's Days Inventory or its related term are showing as below:
UMH'
s Days Inventory Range Over the Past 10 Years
Min: 101.69 Med: 119.37 Max: 220.75
Current: 220.75
During the past 13 years, UMH Properties's highest Days Inventory was 220.75. The lowest was 101.69. And the median was 119.37.
UMH's Days Inventory is ranked worse than 59.03% of 144
companies
in the REITs industry
Industry Median: 87.84
vs UMH: 220.75
UMH Properties's Days Inventory
declined
from Dec. 2022 (290.27) to Dec. 2023 (128.23).
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
UMH Properties's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.71.
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.
UMH Properties's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.63.
UMH Properties Days Inventory Historical Data
The historical data trend for UMH Properties'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.
Competitive Comparison of UMH Properties's Days Inventory
For the REIT - Residential subindustry, UMH Properties'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.
UMH Properties's Days Inventory Distribution in the REITs Industry
For the REITs industry and Real Estate sector, UMH Properties's Days Inventory distribution charts can be found below:
* The bar in red indicates where UMH Properties's Days Inventory falls into.
UMH Properties Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
UMH Properties's Days Inventory for the fiscal year that ended in Dec. 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.
UMH Properties (NYSE:UMH) 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.
UMH Properties's Inventory Turnover for the
three
months ended in Dec. 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.
UMH Properties's Inventory to Revenue for the
three
months ended in Dec. 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.
UMH Properties Days Inventory Related Terms
Thank you for viewing the detailed overview of UMH Properties's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
UMH Properties (UMH Properties) Business Description
UMH Properties Inc together with its subsidiaries is a real estate investment trust. It is engaged in the business of ownership and operation of manufactured home communities - leasing manufactured homesites to private manufactured home owners. It also leases homes to residents. The company also owns the land, utility connections, streets, lighting, driveways, common area amenities, and other capital improvements. It earns income from leasing, brokerage, and appreciation. It is located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan, and Maryland.
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