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Nippon Accommodations Fund (Nippon Accommodations Fund) Days Inventory : 0.00 (As of Aug. 2023)


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What is Nippon Accommodations Fund Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nippon Accommodations Fund's Average Total Inventories for the six months ended in Aug. 2023 was $0.0 Mil. Nippon Accommodations Fund's Cost of Goods Sold for the six months ended in Aug. 2023 was $36.8 Mil. Hence, Nippon Accommodations Fund's Days Inventory for the six months ended in Aug. 2023 was 0.00.

The historical rank and industry rank for Nippon Accommodations Fund's Days Inventory or its related term are showing as below:

NIPPF's Days Inventory is not ranked *
in the REITs industry.
Industry Median: 109.01
* Ranked among companies with meaningful Days Inventory only.

Nippon Accommodations Fund's Days Inventory stayed the same from Aug. 2022 (0.00) to Aug. 2023 (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. Nippon Accommodations Fund's Inventory-to-Revenue for the six months ended in Aug. 2023 was 0.00.


Nippon Accommodations Fund Days Inventory Historical Data

The historical data trend for Nippon Accommodations Fund'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.

* Premium members only.

Nippon Accommodations Fund Days Inventory Chart

Nippon Accommodations Fund Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Inventory
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Nippon Accommodations Fund Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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Competitive Comparison of Nippon Accommodations Fund's Days Inventory

For the REIT - Diversified subindustry, Nippon Accommodations Fund'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.


Nippon Accommodations Fund's Days Inventory Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Nippon Accommodations Fund's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nippon Accommodations Fund's Days Inventory falls into.



Nippon Accommodations Fund Days Inventory Calculation

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

Nippon Accommodations Fund's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

Days Inventory (A: Aug. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 72.21*365
=0 / 72.21*365
=0.00

Nippon Accommodations Fund's Days Inventory for the quarter that ended in Aug. 2023 is calculated as:

Days Inventory (Q: Aug. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Feb. 2023 ) + Total Inventories (Q: Aug. 2023 )) / count ) / Cost of Goods Sold (Q: Aug. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 36.812*365 / 2
=0 / 36.812*365 / 2
=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.


Nippon Accommodations Fund  (OTCPK:NIPPF) 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.

Nippon Accommodations Fund's Inventory Turnover for the six months ended in Aug. 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.

Nippon Accommodations Fund's Inventory to Revenue for the six months ended in Aug. 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.


Nippon Accommodations Fund Days Inventory Related Terms

Thank you for viewing the detailed overview of Nippon Accommodations Fund's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Nippon Accommodations Fund (Nippon Accommodations Fund) Business Description

Traded in Other Exchanges
Address
2-1-1 Nihonbashimuromachi, Chuo-ku, Tokyo, JPN, 103-0022
Nippon Accommodations Fund Inc is a Japan-based real estate investment trust (REIT) company. It invests in accommodation properties mainly located in Metropolitan areas, as well as government-decreed regional hub cities. The company's investment property portfolio includes Okawabata Apartment Communities, Park Axis Toyosu, Shibaura Island Air Tower, Park Cube Meguro Tower, Park Cube Atagoyama Tower, Park Cube Higashi Shinagawa, amongst many others.

Nippon Accommodations Fund (Nippon Accommodations Fund) Headlines

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