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Ryman Hospitality Properties (Ryman Hospitality Properties) Days Inventory : 2.91 (As of Dec. 2023)


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What is Ryman Hospitality Properties Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ryman Hospitality Properties's Average Total Inventories for the three months ended in Dec. 2023 was $14 Mil. Ryman Hospitality Properties's Cost of Goods Sold for the three months ended in Dec. 2023 was $440 Mil. Hence, Ryman Hospitality Properties's Days Inventory for the three months ended in Dec. 2023 was 2.91.

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

RHP' s Days Inventory Range Over the Past 10 Years
Min: 3.04   Med: 3.64   Max: 5.79
Current: 3.28

During the past 13 years, Ryman Hospitality Properties's highest Days Inventory was 5.79. The lowest was 3.04. And the median was 3.64.

RHP's Days Inventory is ranked better than
86.11% of 144 companies
in the REITs industry
Industry Median: 87.84 vs RHP: 3.28

Ryman Hospitality Properties's Days Inventory increased from Dec. 2022 (2.80) to Dec. 2023 (2.91). It might indicate that Ryman Hospitality Properties's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ryman Hospitality Properties's Inventory Turnover for the three months ended in Dec. 2023 was 31.38.

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. Ryman Hospitality Properties's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.02.


Ryman Hospitality Properties Days Inventory Historical Data

The historical data trend for Ryman Hospitality 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.

Ryman Hospitality Properties Days Inventory Chart

Ryman Hospitality 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 3.39 5.79 3.84 3.04 3.28

Ryman Hospitality Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.80 3.36 - - 2.91

Competitive Comparison of Ryman Hospitality Properties's Days Inventory

For the REIT - Hotel & Motel subindustry, Ryman Hospitality 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.


Ryman Hospitality Properties's Days Inventory Distribution in the REITs Industry

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

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



Ryman Hospitality Properties Days Inventory Calculation

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

Ryman Hospitality 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
=( (12.041 + 14.007) / 2 ) / 1449.128*365
=13.024 / 1449.128*365
=3.28

Ryman Hospitality Properties'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 14.007) / 1 ) / 439.575*365 / 4
=14.007 / 439.575*365 / 4
=2.91

* 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.


Ryman Hospitality Properties  (NYSE:RHP) 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.

Ryman Hospitality Properties's Inventory Turnover for the three months ended in Dec. 2023 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.

Ryman Hospitality Properties's Inventory to Revenue for the three months ended in Dec. 2023 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.


Ryman Hospitality Properties Days Inventory Related Terms

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


Ryman Hospitality Properties (Ryman Hospitality Properties) Business Description

Traded in Other Exchanges
Address
One Gaylord Drive, Nashville, TN, USA, 37214
Ryman Hospitality Properties Inc is a lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and country music entertainment experiences. Its core holdings are Gaylord Opryland Resort & Convention Center; Gaylord Palms Resort & Convention Center; Gaylord Texan Resort & Convention Center; Gaylord National Resort & Convention Center; and Gaylord Rockies Resort & Convention Center. The company has three business segments: Hospitality, which includes Gaylord Hotels properties, the Inn at Opryland, and the AC Hotel, Entertainment which includes the entertainment and media assets comprising OEG, and Corporate and Other, which includes corporate expenses. It derives the vast majority of its revenue from its hospitality segment.
Executives
Patrick S Chaffin officer: EVP & COO ONE GAYLORD DRIVE, NASHVILLE TN 37214
Reed Colin V director, officer: Exec. Chairman of the Board
Fazal F Merchant director 2230 E. IMPERIAL HIGHWAY, EL SEGUNDO CA 90245
Bowles Alvin L Jr director 62 TRENOR DRIVE, NEW ROCHELLE NY 10804
William E Haslam director 5919 MAPLE AVE, C/O HAROLDS STORES INC, DALLAS TX 75235
Rachna Bhasin director 1855 GRIFFIN ROAD, B454, DANIA BEACH FL 33004
Jennifer L Hutcheson officer: EVP & Chief Financial Officer ONE GAYLORD DRIVE, NASHVILLE TN 37214
Scott J Lynn officer: EVP, Secretary and GC ONE GAYLORD DRIVE, NASHVILLE TN 37214
Christine Pantoya director 5 OX BOW LANE, SUMMIT NJ 07901
Mark Fioravanti director, officer: President & CEO ONE GAYLORD DRIVE, NASHVILLE TN 37214
Prather Robert S Jr director
Michael Isor Roth director THE INTERPUBLIC GROUP OF COMPANIES, INC., 1114 AVENUE OF THE AMERICAS, 19TH FLOOR, NEW YORK NY 10036
Christian A. Brickman director 351 PHELPS DRIVE, IRVING TX 75038
Bennett D Westbrook officer: SVP, Investments, D&C ONE GAYLORD DRIVE, NASHVILLE TN 37214
Michael J Bender director 3980 BAUGHMAN GRANT ROAD, NEW ALBANY OH 43054

Ryman Hospitality Properties (Ryman Hospitality Properties) Headlines

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