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Sotherly Hotels (Sotherly Hotels) Inventory-to-Revenue : 0.19 (As of Dec. 2023)


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What is Sotherly Hotels Inventory-to-Revenue?

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. Sotherly Hotels's Average Total Inventories for the quarter that ended in Dec. 2023 was $7.9 Mil. Sotherly Hotels's Revenue for the three months ended in Dec. 2023 was $42.1 Mil. Sotherly Hotels's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.19.

Sotherly Hotels's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.26) to Sep. 2023 (0.19)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sotherly Hotels's Days Inventory for the three months ended in Dec. 2023 was 22.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sotherly Hotels's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.01.


Sotherly Hotels Inventory-to-Revenue Historical Data

The historical data trend for Sotherly Hotels's Inventory-to-Revenue 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.

Sotherly Hotels Inventory-to-Revenue Chart

Sotherly Hotels Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.05 0.04

Sotherly Hotels Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 0.19 0.19 0.26 0.19

Competitive Comparison of Sotherly Hotels's Inventory-to-Revenue

For the REIT - Hotel & Motel subindustry, Sotherly Hotels's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


Sotherly Hotels's Inventory-to-Revenue Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Sotherly Hotels's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Sotherly Hotels's Inventory-to-Revenue falls into.



Sotherly Hotels Inventory-to-Revenue Calculation

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.

Sotherly Hotels's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (8.312 + 6.342) / 2 ) / 173.838
=7.327 / 173.838
=0.04

Sotherly Hotels's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (9.554 + 6.342) / 2 ) / 42.148
=7.948 / 42.148
=0.19

* 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.


Sotherly Hotels  (NAS:SOHO) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Sotherly Hotels'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
=7.948/31.848*365 / 4
=22.77

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

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

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=31.848 / 7.948
=4.01

* 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.


Sotherly Hotels Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Sotherly Hotels's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Sotherly Hotels (Sotherly Hotels) Business Description

Address
306 South Henry Street, Suite 100, Williamsburg, VA, USA, 23185
Sotherly Hotels Inc is engaged in Hotel operations. The company is a self-managed and self-administered lodging real estate investment trust that was formed to own, acquire, renovate, and reposition full-service, upscale, and upper-upscale hotel properties located in primary markets in the mid-Atlantic and southern United States. It generates revenue through the rooms, food, beverage, and other services. Geographically, the group has its presence in the regions of Florida, Georgia, Indiana, Maryland, North Carolina, Pennsylvania, Texas, and Virginia.
Executives
Andrew Sims director, officer: Chief Executive Officer 410 W. FRANCIS STREET, WILLIAMSBURG VA 23185
Scott M Kucinski officer: EVP & Chief Operating Officer 306 S. HENRY STREET, SUITE 100, WILLIAMSBURG VA 23185
David R Folsom officer: Chief Operating Officer 410 W. FRANCIS STREET, WILLIAMSBURG VA 23185
Maria L Caldwell director 410 W FRANCIS ST, WILLIAMSBURG VA 23185
Gibson George S Iv director 410 W FRANCIS ST, WILLIAMSBURG VA 23185
Anthony E Domalski officer: Chief Accounting Officer 6411 IVY LANE, SUITE 510, GREENBELT MD 20770
Herschel J Walker director 410 W FRANCIS ST, WILLIAMSBURG VA 23185
Kim Sims director 6411 IVY LANE, SUITE 510, GREENBELT MD 20770
Richmond Hill Investment Co., Lp other: Member of Group Owning 10% 381 PARK AVENUE SOUTH, SUITE 1101, NEW YORK NY 10016
Richmond Hill Advisors, Llc other: Member of Group Owning 10% 375 HUDSON STREET, 12TH FLOOR, NEW YORK NY 10014
Essex Illiquid, Llc 10 percent owner, other: Member of Group Owning 10% 375 HUDSON STREET, NEW YORK NY 10014
Richmond Hill Capital Partners, Lp other: Member of Group Owning 10% 375 HUDSON STREET, 12TH FLOOR, NEW YORK NY 10014
Basil Maher 10 percent owner, other: Member of Group Owning 10% C/O ESSEX EQUITY CAPITAL MANAGEMENT, LLC, 70 S. ORANGE AVENUE, SUITE 105, LIVINGSTON NJ 07039
M. Brian Maher 10 percent owner, other: Member of Group Owning 10% C/O ESSEX EQUITY CAPITAL MANAGEMENT, LLC, 70 S. ORANGE AVENUE, SUITE 105, LIVINGSTON NJ 07039
Richmond Hill Investments, Llc 10 percent owner, other: Member of Group Owning 10% 381 PARK AVENUE SOUTH, SUITE 1101, NEW YORK NY 10016