Elite UK REIT (SGX:MXNU) Days Inventory : 0.00 (As of Dec. 2023)

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What is Elite UK REIT Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Elite UK REIT's Average Total Inventories for the six months ended in Dec. 2023 was £0.00 Mil. Elite UK REIT's Cost of Goods Sold for the six months ended in Dec. 2023 was £2.50 Mil. Hence, Elite UK REIT's Days Inventory for the six months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Elite UK REIT's Days Inventory or its related term are showing as below:

SGX:MXNU's Days Inventory is not ranked ^*
in the REITs industry.
Industry Median: 89.35
* Ranked among companies with meaningful Days Inventory only.

Elite UK REIT's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 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. Elite UK REIT's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

Elite UK REIT Days Inventory Historical Data

The historical data trend for Elite UK REIT'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.

Elite UK REIT Days Inventory Chart

Elite UK REIT Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Elite UK REIT Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial				-	-	-	-	-

Competitive Comparison of Elite UK REIT's Days Inventory

For the REIT - Office subindustry, Elite UK REIT'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.

Elite UK REIT's Days Inventory Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Elite UK REIT's Days Inventory distribution charts can be found below:

* The bar in red indicates where Elite UK REIT's Days Inventory falls into.

Elite UK REIT Days Inventory Calculation

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

Elite UK REIT's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	3.842	*	365
=	0					/	3.842	*	365
=	0.00

Elite UK REIT's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	2.499	*	365 / 2
=	0					/	2.499	*	365 / 2
=	0.00

Elite UK REIT (SGX:MXNU) 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.

Elite UK REIT's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.499	/	0
	=

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.

Elite UK REIT's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	23.866
	=	0.00

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.

Elite UK REIT Days Inventory Related Terms

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

Elite UK REIT (SGX:MXNU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Elite UK REIT (SGX:MXNU) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Temasek Boulevard, 37-02, Suntec Tower Three, Singapore, SGP, 038988

Website

https://www.elitecreit.com

Elite Commercial REIT invests in commercial assets and real estate-related assets in the UK. It has commercial buildings located across the UK.

Elite UK REIT (SGX:MXNU) Headlines

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