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Tier REIT (Tier REIT) Total Inventories : $0.0 Mil (As of Mar. 2019)


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What is Tier REIT Total Inventories?

Tier REIT's total inventories for the quarter that ended in Mar. 2019 was $0.0 Mil. Tier REIT's average total inventories from the quarter that ended in Dec. 2018 to the quarter that ended in Mar. 2019 was $0.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Tier REIT's Net-Net Working Capital per share for the quarter that ended in Mar. 2019 was $-12.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tier REIT's Days Inventory for the three months ended in Mar. 2019 was 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. Tier REIT's Inventory-to-Revenue for the quarter that ended in Mar. 2019 was 0.00.


Tier REIT Total Inventories Historical Data

The historical data trend for Tier REIT'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.

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Tier REIT Total Inventories Chart

Tier REIT Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Total Inventories
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Tier REIT Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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Tier REIT 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.


Tier REIT  (NYSE:TIER) 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.

Tier REIT's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2019 is

Net-Net Working Capital Per Share (Q: Mar. 2019 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(9.805+0.75 * 55.034+0.5 * 0-761.86
-0-3.606)/55.5205
=-12.87

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

Tier REIT's Days Inventory for the three months ended in Mar. 2019 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2019 )/Cost of Goods Sold (Q: Mar. 2019 )*Days in Period
=0/11.113*365 / 4
=0.00

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

Tier REIT's Inventory Turnover for the quarter that ended in Mar. 2019 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2019 ) / Average Total Inventories (Q: Mar. 2019 )
=11.113 / 0
=N/A

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.

Tier REIT's Inventory to Revenue for the quarter that ended in Mar. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2019 ) / Revenue (Q: Mar. 2019 )
=0 / 50.092
=0.00

* 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

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.


Tier REIT Total Inventories Related Terms

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Tier REIT (Tier REIT) Business Description

Traded in Other Exchanges
N/A
Address
5950 Sherry Lane, Suite 700, Dallas, TX, USA, 75225
Tier REIT Inc is a Dallas-based real estate investment trust. Its current business consists of owning, acquiring, developing, operating, investing in, and disposing of real estate assets. The company owns interests in nearly 29 operating office properties, one non-operating property, and one development property located in thirteen markets throughout the United States. Its property portfolio comprises 500 East Pratt, 5950 Sherry Lane, Bank of America Plaza, Centreport Office Center, Eldridge Place, among others.
Executives
Scott W Fordham director, officer: Chief Executive Officer 5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Christie B. Kelly director 600 E. 96TH ST., #100, INDIANAPOLIS IN 46240
Griffin R Kent Jr director 5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Richard I Gilchrist director 5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Thomas M Herzog director 1920 MAIN STREET, SUITE 1200, IRVINE CA 92614
M Jason Mattox director 1323 NORTH STEMMONS FREEWAY SUITE 200, DALLAS TX 75207
Thomas P Simon officer: Senior Vice President/Finance 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Michael A Ernst officer: Chief Financial Officer 5914 NORWAY RD, DALLAS TX 75230
Thomas F August officer: Chief Operating Officer 6214 PARK LANE, DALLAS TX 75225
Reihsen Gerald J Iii officer: Executive VP - Corporate, other: Develop. & Legal and Secretary 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254

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