Boardwalk Real Estate Investment Trust (TSX:BEI.UN) Days Inventory : 11.52 (As of Dec. 2023)

View and export this data going back to 1995. Start your Free Trial

What is Boardwalk Real Estate Investment Trust Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Boardwalk Real Estate Investment Trust's Average Total Inventories for the three months ended in Dec. 2023 was C$7.0 Mil. Boardwalk Real Estate Investment Trust's Cost of Goods Sold for the three months ended in Dec. 2023 was C$55.2 Mil. Hence, Boardwalk Real Estate Investment Trust's Days Inventory for the three months ended in Dec. 2023 was 11.52.

The historical rank and industry rank for Boardwalk Real Estate Investment Trust's Days Inventory or its related term are showing as below:

TSX:BEI.UN' s Days Inventory Range Over the Past 10 Years
Min: 7.21 Med: 13.56 Max: 21.9
Current: 12.57

During the past 13 years, Boardwalk Real Estate Investment Trust's highest Days Inventory was 21.90. The lowest was 7.21. And the median was 13.56.

TSX:BEI.UN's Days Inventory is ranked better than
75% of 144 companies
in the REITs industry
Industry Median: 87.15 vs TSX:BEI.UN: 12.57

Boardwalk Real Estate Investment Trust's Days Inventory declined from Dec. 2022 (12.52) to Dec. 2023 (11.52).

Inventory Turnover measures how fast the company turns over its inventory within a year. Boardwalk Real Estate Investment Trust's Inventory Turnover for the three months ended in Dec. 2023 was 7.92.

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. Boardwalk Real Estate Investment Trust's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.05.

Boardwalk Real Estate Investment Trust Days Inventory Historical Data

The historical data trend for Boardwalk Real Estate Investment Trust'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.

Boardwalk Real Estate Investment Trust Days Inventory Chart

Boardwalk Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

16.95

13.66

13.45

13.87

12.56

Boardwalk Real Estate Investment Trust 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															12.52	12.58	13.21	13.06	11.52

Competitive Comparison of Boardwalk Real Estate Investment Trust's Days Inventory

For the REIT - Residential subindustry, Boardwalk Real Estate Investment Trust'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.

Boardwalk Real Estate Investment Trust's Days Inventory Distribution in the REITs Industry

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

* The bar in red indicates where Boardwalk Real Estate Investment Trust's Days Inventory falls into.

Boardwalk Real Estate Investment Trust Days Inventory Calculation

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

Boardwalk Real Estate Investment Trust'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
=	( (7.765	+	6.875)	/	2 )	/	212.669	*	365
=	7.32					/	212.669	*	365
=	12.56

Boardwalk Real Estate Investment Trust'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
=	( (7.058	+	6.875)	/	2 )	/	55.18	*	365 / 4
=	6.9665					/	55.18	*	365 / 4
=	11.52

Boardwalk Real Estate Investment Trust (TSX:BEI.UN) 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.

Boardwalk Real Estate Investment Trust's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	55.18	/	6.9665
	=	7.92

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.

Boardwalk Real Estate Investment Trust's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.9665	/	143.128
	=	0.05

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.

Boardwalk Real Estate Investment Trust Days Inventory Related Terms

Thank you for viewing the detailed overview of Boardwalk Real Estate Investment Trust's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Boardwalk Real Estate Investment Trust (TSX:BEI.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Boardwalk Real Estate Investment Trust (TSX:BEI.UN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

BOWFF:USA

Address

1501 - 1st Street S.W., Suite 200, First West Place, Calgary, AB, CAN, T2R 0W1

Website

https://www.bwalk.com

Boardwalk Real Estate Investment Trust, or Boardwalk REIT, is a real estate investment trust engaged in the acquisition, development, and management of residential multifamily communities throughout Canada. Although the company's cumulative residential property portfolio includes holdings in the provinces of Alberta, Saskatchewan, Ontario, and Quebec, the majority of its total units are located in Alberta. The submarkets around the cities of Calgary and Edmonton, specifically, account for the majority of Boardwalk REIT's total residential suites. The company derives substantially all of its income in the form of rental revenue from leasing its properties to tenants under short-term agreements. Boardwalk REIT's assets in Alberta contribute the majority of this revenue.

Boardwalk Real Estate Investment Trust (TSX:BEI.UN) Headlines

No Headlines