Hersha Hospitality Trust (Hersha Hospitality Trust) Inventory Turnover : 0.00 (As of Sep. 2023)

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What is Hersha Hospitality Trust Inventory Turnover?

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. Hersha Hospitality Trust's Cost of Goods Sold for the three months ended in Sep. 2023 was $63.78 Mil. Hersha Hospitality Trust's Average Total Inventories for the quarter that ended in Sep. 2023 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hersha Hospitality Trust's Days Inventory for the three months ended in Sep. 2023 was 0.00.

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. Hersha Hospitality Trust's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.

Hersha Hospitality Trust Inventory Turnover Historical Data

The historical data trend for Hersha Hospitality Trust'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.

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Hersha Hospitality Trust Inventory Turnover Chart

Hersha Hospitality Trust Annual Data

Trend

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Dec22

Inventory Turnover

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Hersha Hospitality Trust Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Hersha Hospitality Trust Inventory Turnover Calculation

Hersha Hospitality Trust's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	272.206	/ (	(0	+	0)	/	1 )
=	272.206	/	0
=	N/A

Hersha Hospitality Trust's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	63.775	/ (	(0	+	0)	/	1 )
=	63.775	/	0
=	N/A

Hersha Hospitality Trust (NYSE:HTpC.PFD) 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.

Hersha Hospitality Trust's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	0	/	63.775	*	365 / 4
	=	0.00

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.

Hersha Hospitality Trust's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	0	/	91.984
	=	0.00

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.

Hersha Hospitality Trust Inventory Turnover Related Terms

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Hersha Hospitality Trust (Hersha Hospitality Trust) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Hersha Hospitality Trust (NYSE:HTpC.PFD) » Definitions » Inventory Turnover

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Address

44 Hersha Drive, Harrisburg, PA, USA, 17102

Website

https://www.hersha.com

Hersha Hospitality Trust is a self-advised real estate investment trust in the hospitality sector, which owns and operates high-quality upscale hotels in urban gateway markets. Its hotels are located in the central business districts and dense metropolitan centers of New York City, Boston, Washington, DC, Philadelphia, Miami, Los Angeles, and San Diego. The company's revenue streams include Hotel revenue and Other revenue.