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EastGroup Properties (EastGroup Properties) Days Inventory : 0.00 (As of Mar. 2024)


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What is EastGroup Properties Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). EastGroup Properties's Average Total Inventories for the three months ended in Mar. 2024 was $0.0 Mil. EastGroup Properties's Cost of Goods Sold for the three months ended in Mar. 2024 was $43.0 Mil. Hence, EastGroup Properties's Days Inventory for the three months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for EastGroup Properties's Days Inventory or its related term are showing as below:

During the past 13 years, EastGroup Properties's highest Days Inventory was 18.06. The lowest was 15.52. And the median was 16.79.

EGP's Days Inventory is not ranked *
in the REITs industry.
Industry Median: 87.84
* Ranked among companies with meaningful Days Inventory only.

EastGroup Properties's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (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. EastGroup Properties's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


EastGroup Properties Days Inventory Historical Data

The historical data trend for EastGroup Properties'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.

EastGroup Properties Days Inventory Chart

EastGroup Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 18.06 15.52 -

EastGroup Properties Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory 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 - - - - -

Competitive Comparison of EastGroup Properties's Days Inventory

For the REIT - Industrial subindustry, EastGroup Properties'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.


EastGroup Properties's Days Inventory Distribution in the REITs Industry

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

* The bar in red indicates where EastGroup Properties's Days Inventory falls into.



EastGroup Properties Days Inventory Calculation

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

EastGroup Properties'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 ) / 154.03*365
=0 / 154.03*365
=0.00

EastGroup Properties's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 43.003*365 / 4
=0 / 43.003*365 / 4
=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.


EastGroup Properties  (NYSE:EGP) 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.

EastGroup Properties's Inventory Turnover for the three months ended in Mar. 2024 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.

EastGroup Properties's Inventory to Revenue for the three months ended in Mar. 2024 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.


EastGroup Properties Days Inventory Related Terms

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


EastGroup Properties (EastGroup Properties) Business Description

Traded in Other Exchanges
Address
400 West Parkway Place, Suite 100, Ridgeland, MS, USA, 39157
EastGroup Properties Inc is an equity real estate investment trust. It is engaged in the development, acquisition, and operation of industrial properties in major Sunbelt markets throughout the United States, primarily in the states of Florida, Texas, Arizona, California, and North Carolina. The company manages a portfolio of industrial properties. The vast majority of these properties are multi-tenant business distribution buildings that provide large warehousing and office space for customers. Properties located in Texas and Florida account for most of EastGroup's total real estate portfolio. The company derives its revenue in the form of rental income.
Executives
John F Coleman officer: Executive Vice President 7003 PRESIDENTS DRIVE, STE 800, ORLANDO FL 32701
Richard Reid Dunbar officer: Senior Vice President 190 EAST CAPITOL STREET, SUITE 400, JACKSON MS 39201
Eaves Hayden C Iii director 201 S LAKE AVE, STE 501, PASADENA CA 91101
David Michael Fields director 34 OAK TRAIL COURT, ALAMO CA 94507
Staci H. Tyler officer: Senior VP, CAO and Secretary EASTGROUP PROPERTIES, INC., 400 W. PARKWAY PLACE, SUITE 100, RIDGELAND MS 39157
Leland R Speed director
Hoster David H Ii director 188 EAST CAPITAL STREET, 300MONE JACKSON PLACE, JACKSON MS 39201
Katherine M Sandstrom director 4600 SOUTH SYRACUSE STREET, SUITE 500, DENVER CO 80237
Bailey H C Jr director 1052 HIGHLAND COLONY PARKWAY, STE 202, RIDGELAND MS 39157
Brent Wood officer: Executive Vice President & CFO 188 E CAPITOL ST, 300 ONE JACKSON PL, JACKSON MS 39201
Donald F Colleran director 942 SOUTH SHADY GROVE ROAD, MEMPHIS TN 38117
D Pike Aloian director C/O ROTHSCHILD REALTY INC, 1251 AVENUEOF THE AMERICAS, NEW YORK NY 10020
Mary E Mccormick director 188 E. CAPITOL STREET, 300 ONE JACKSON PLACE, JACKSON MS 39201
Bolton H Eric Jr director
Marshall A Loeb director, officer: President and CEO C/O EASTGROUP PROPERTIES, INC., 190 EAST CAPITOL STREET, JACKSON MS 39201