Plaza Retail REIT (Plaza Retail REIT) Days Inventory

: 7.40 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Plaza Retail REIT's Average Total Inventories for the three months ended in Dec. 2023 was $0.70 Mil. Plaza Retail REIT's Cost of Goods Sold for the three months ended in Dec. 2023 was $8.59 Mil. Hence, Plaza Retail REIT's Days Inventory for the three months ended in Dec. 2023 was 7.40.

The historical rank and industry rank for Plaza Retail REIT's Days Inventory or its related term are showing as below:

PAZRF' s Days Inventory Range Over the Past 10 Years
Min: 0.87 Med: 12.2 Max: 172.88
Current: 48.75

During the past 13 years, Plaza Retail REIT's highest Days Inventory was 172.88. The lowest was 0.87. And the median was 12.20.

PAZRF's Days Inventory is ranked better than
56.64% of 143 companies
in the REITs industry
Industry Median: 84.95 vs PAZRF: 48.75

Plaza Retail REIT's Days Inventory declined from Dec. 2022 (169.17) to Dec. 2023 (7.40).

Inventory Turnover measures how fast the company turns over its inventory within a year. Plaza Retail REIT's Inventory Turnover for the three months ended in Dec. 2023 was 12.33.

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. Plaza Retail REIT's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.03.

Plaza Retail REIT Days Inventory Historical Data

The historical data trend for Plaza Retail REIT'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 5.59 [6] => 17.80 [7] => 29.36 [8] => 172.87 [9] => 84.17 )

Plaza Retail REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

5.59

17.80

29.36

172.87

84.17

Plaza Retail REIT Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory																169.17	104.12	33.10	8.80	7.40

Competitive Comparison

For the REIT - Retail subindustry, Plaza Retail REIT'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.

Plaza Retail REIT Days Inventory Distribution

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

* The bar in red indicates where Plaza Retail REIT's Days Inventory falls into.

Plaza Retail REIT Days Inventory Calculation

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

Plaza Retail REIT'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
=	( (14.177	+	0.85)	/	2 )	/	32.581	*	365
=	7.5135					/	32.581	*	365
=	84.17

Plaza Retail REIT'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
=	( (0.544	+	0.85)	/	2 )	/	8.592	*	365 / 4
=	0.697					/	8.592	*	365 / 4
=	7.40

Plaza Retail REIT (OTCPK:PAZRF) 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.

Plaza Retail REIT's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8.592	/	0.697
	=	12.33

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.

Plaza Retail REIT's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.697	/	21.588
	=	0.03

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.

Plaza Retail REIT Days Inventory Related Terms

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

Plaza Retail REIT (Plaza Retail REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Plaza Retail REIT (OTCPK:PAZRF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

PLZ.UN:Canada

Address

98 Main Street, Fredericton, NB, CAN, E3A 9N6

Website

https://www.plaza.ca

Plaza Retail REIT is an open-ended real estate investment trust and is a retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio includes interests in approximately 268 properties totaling approximately 8.6 million square feet across Canada and additional lands held for development. Its portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants.