Sotherly Hotels (Sotherly Hotels) Change In Inventory : $0.0 Mil (TTM As of Dec. 2023)

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What is Sotherly Hotels Change In Inventory?

Sotherly Hotels's change in inventory for the quarter that ended in Dec. 2023 was $0.0 Mil. It means Sotherly Hotels's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Sotherly Hotels's change in inventory for the fiscal year that ended in Dec. 2023 was $0.0 Mil. It means Sotherly Hotels's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Sotherly Hotels's Total Inventories for the quarter that ended in Dec. 2023 was $6.3 Mil.

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 quarter that 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.

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 quarter that ended in Dec. 2023 was 0.19.

Sotherly Hotels Change In Inventory Historical Data

The historical data trend for Sotherly Hotels's Change In 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.

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Sotherly Hotels Change In Inventory Chart

Sotherly Hotels Annual Data

Trend

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Dec23

Change In Inventory

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-0.16

Sotherly Hotels Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Sotherly Hotels Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 Mil.

Sotherly Hotels (NAS:SOHO) Change In Inventory Explanation

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 quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	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	/	Average Total Inventories
	=	31.848	/	7.948
	=	4.01

3. 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 quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7.948	/	42.148
	=	0.19

Sotherly Hotels Change In Inventory Related Terms

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Sotherly Hotels (Sotherly Hotels) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sotherly Hotels Inc (NAS:SOHO) » Definitions » Change In Inventory

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SOHON.PFD:USA SOHOO.PFD:USA SOHOB.PFD:USA MCL:Germany

Address

306 South Henry Street, Suite 100, Williamsburg, VA, USA, 23185

Website

https://www.sotherlyhotels.com

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