Stratus Properties (Stratus Properties) Inventory Turnover

: 0.82 (As of Dec. 2023)

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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. Stratus Properties's Cost of Goods Sold for the three months ended in Dec. 2023 was $3.75 Mil. Stratus Properties's Average Total Inventories for the quarter that ended in Dec. 2023 was $4.58 Mil. Stratus Properties's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Stratus Properties's Days Inventory for the three months ended in Dec. 2023 was 111.48.

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. Stratus Properties's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.07.

Stratus Properties Inventory Turnover Historical Data

The historical data trend for Stratus Properties'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.

* Premium members only.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 4.82 [6] => 3.92 [7] => 8.10 [8] => 17.93 [9] => 4.16 )

Stratus Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

4.82

3.92

8.10

17.93

4.16

Stratus Properties Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover																7.27	3.77	2.71	2.15	0.82

Stratus Properties Inventory Turnover Calculation

Stratus Properties'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 )
=	19.049	/ (	(1.773	+	7.382)	/	2 )
=	19.049	/	4.5775
=	4.16

Stratus Properties's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	3.747	/ (	(1.773	+	7.382)	/	2 )
=	3.747	/	4.5775
=	0.82

Stratus Properties (NAS:STRS) 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.

Stratus Properties's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	4.5775	/	3.747	*	365 / 4
	=	111.48

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.

Stratus Properties's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	4.5775	/	4.269
	=	1.07

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.

Stratus Properties Inventory Turnover Related Terms

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Stratus Properties (Stratus Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Stratus Properties Inc (NAS:STRS) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

SR5:Germany

Address

212 Lavaca Street, Suite 300, Austin, TX, USA, 78701

Website

https://www.stratusproperties.com

Stratus Properties Inc is a diversified real estate company operating in the United States. It is engaged in the acquisition, entitlement, development, management, operation and sale of commercial, multi- and single-family residential real estate properties, located in the Austin Texas area and other select markets in Texas. It operates its business through two segments namely, Real Estate Operations and Leasing Operations.

Executives

Rhone Neville L. Jr.	director	212 LAVACA STREET, SUITE 300, AUSTIN TX 78701
Kate Henriksen	director	212 LAVACA STREET, SUITE 300, AUSTIN TX 78701
Laurie L. Dotter	director	3615 WEST LAWTHER DRIVE, DALLAS TX 75214
Michael D Madden	director	98 SAN JACINTO BLVD, STE 220, AUSTIN TX 78701
James Joseph	director
Charles W. Porter	director	212 LAVACA STREET, SUITE 300, AUSTIN TX 78701
James Leslie	director	5924 ROYAL LANE, SUITE 250, DALLAS TX 75230
Erin D Pickens	officer: Senior VP & CFO	1775 BROADWAY 23RD FLR, NEW YORK NY 10019
Armstrong William H Iii	director, officer: Chair of Board, President, CEO	98 SAN JACINTO BLVD, STE 220, AUSTIN TX 78701
Oasis Investments Ii Master Fund Ltd.	10 percent owner	UGLAND HOUSE PO BOX 309, GRAND CAYMAN E9 KY1-1104
Ella Gendel	director	300 WEST 6TH STREET, SUITE 1550, AUSTIN TX 78701
Carl E Berg	10 percent owner, other: See Remarks	C/O BERG & BERG DEVELOPERS, 10050 BANDLEY DR, CUPERTINO CA 95014
Seth Fischer	10 percent owner	C/O OASIS MANAGEMENT (HONG KONG) LLC, 21/F MAN YEE BUILDING, 68 DES VOEUX ROAD, CENTRAL K3
Oasis Management Co Ltd.	10 percent owner	4TH FLOOR ANDERSON SQUARE,, 64 SHEDDEN ROAD, P.O. BOX 10324, GRAND CAYMAN E9 KY-1103
David M Dean	other: See Remarks	16200 ADDISON ROAD, SUITE 220, ADDISON TX 75001