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Preferred Apartment Communities (Preferred Apartment Communities) Total Inventories : $0.0 Mil (As of Mar. 2022)


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What is Preferred Apartment Communities Total Inventories?

Preferred Apartment Communities's total inventories for the quarter that ended in Mar. 2022 was $0.0 Mil. Preferred Apartment Communities's average total inventories from the quarter that ended in Dec. 2021 to the quarter that ended in Mar. 2022 was $0.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Preferred Apartment Communities's Net-Net Working Capital per share for the quarter that ended in Mar. 2022 was $-38.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Preferred Apartment Communities's Days Inventory for the three months ended in Mar. 2022 was 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. Preferred Apartment Communities's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 0.00.


Preferred Apartment Communities Total Inventories Historical Data

The historical data trend for Preferred Apartment Communities's Total Inventories 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.

Preferred Apartment Communities Total Inventories Chart

Preferred Apartment Communities Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Inventories
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Preferred Apartment Communities Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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Preferred Apartment Communities Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Preferred Apartment Communities  (NYSE:APTS) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Preferred Apartment Communities's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2022 is

Net-Net Working Capital Per Share (Q: Mar. 2022 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(117.221+0.75 * 82.023+0.5 * 0-2585.652
-0.016-0.505)/62.929
=-38.26

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

Preferred Apartment Communities's Days Inventory for the three months ended in Mar. 2022 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2022 )/Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=0/36.116*365 / 4
=0.00

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Preferred Apartment Communities's Inventory Turnover for the quarter that ended in Mar. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2022 ) / Average Total Inventories (Q: Mar. 2022 )
=36.116 / 0
=N/A

4. 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.

Preferred Apartment Communities's Inventory to Revenue for the quarter that ended in Mar. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2022 ) / Revenue (Q: Mar. 2022 )
=0 / 104.88
=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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Preferred Apartment Communities Total Inventories Related Terms

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Preferred Apartment Communities (Preferred Apartment Communities) Business Description

Traded in Other Exchanges
N/A
Address
3284 Northside Parkway NW, Suite 150, Atlanta, GA, USA, 30327
Preferred Apartment Communities Inc is a real estate investment trust that acquires and operates multifamily properties in select targeted markets throughout the United States. It operates through the following segments: The Multifamily Communities segment being the highest revenue generating segment; Financing segment refers to the portfolio of real estate loans, bridge loans, other instruments, and other real estate related assets; New Market Properties segment covers a portfolio of grocery-anchored shopping centers, as well as the financial results from the retail real estate loans; and Preferred Office properties segment relates to the office buildings.
Executives
Sara Finley director ONE CVS DRIVE, WOONSOCKET RI 02895
Jeffrey David Sherman officer: PRESIDENT - MULTIFAMILY 3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327
Michael Aide officer: PRESIDENT - RETAIL 3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327
John A Isakson officer: CHIEF FINANCIAL OFFICER 3284 NORTHSIDE PARKWAY, NW, SUITE 150, ATLANTA GA 30327
Jeffrey R Sprain officer: EVP, GENERAL COUNSEL AND SEC. 3284 NORTHSIDE PARKWAY, NW, SUITE 150 ATLANTA GA 30327
Daphne Bryson Jackson director 3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327
John M Cannon director 3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327
Daniel M Dupree director 2500 WINDY RIDGE PARKWAY SUITE 1600, ATLANTA GA 30339
Parker Boone Dupree officer: President - Office 3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327
Joel T Murphy director, officer: See Remarks 2500 WINDY RIDGE PARKWAY, SUITE 1600, ATLANTA GA 30339
Michael Joseph Cronin officer: See Remarks 3625 CUMBERLAND BOULDEVARD SUITE 400 ATLANTA GA 30339
Steve Bartkowski director 3625 CUMBERLAND BOULDEVARD SUITE 400 ATLANTA GA 30339
Gary B Coursey director
Gresham William J Jr director 1010 RICHMOND HILL DRIVE MARIETTA GA 30068
Timothy Alan Peterson director 3625 CUMBERLAND BOULDEVARD SUITE 400 ATLANTA GA 30339

Preferred Apartment Communities (Preferred Apartment Communities) Headlines

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