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NNN REIT (NNN REIT) Total Inventories

: $0.0 Mil (As of Dec. 2023)
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NNN REIT's total inventories for the quarter that ended in Dec. 2023 was $0.0 Mil. NNN REIT's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $0.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. NNN REIT's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-24.66.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NNN REIT's Days Inventory for the three months ended in Dec. 2023 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. NNN REIT's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.


NNN REIT Total Inventories Historical Data

The historical data trend for NNN REIT'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.

NNN REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
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NNN REIT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

NNN REIT 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.


NNN REIT  (NYSE:NNN) 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.

NNN REIT's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.189+0.75 * 3.649+0.5 * 0-4504.511
-0-0)/182.475
=-24.66

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

NNN REIT's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=0/8.237*365 / 4
=0.00

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

NNN REIT's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=8.237 / 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.

NNN REIT's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0 / 216.231
=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.


NNN REIT Total Inventories Related Terms

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NNN REIT (NNN REIT) Business Description

Traded in Other Exchanges
Address
450 South Orange Avenue, Suite 900, Orlando, FL, USA, 32801
NNN REIT Inc is a real estate investment trust that invests in and develops properties throughout the United States. The company generates revenue from leasing properties to tenants, including convenience stores, automotive services, fitness centers, theatres, restaurants, and banks. Rents from convenience stores and restaurants contribute the majority proportion of total revenue, followed by automotive services, entertainment venues, and others. maximum of the company's properties are located in the South and Southeast of the United States.
Executives
Christopher Paul Tessitore officer: Executive Officer 450 SOUTH ORANGE AVENUE, SUITE 900, ORLANDO FL 32801
Jonathan Adamo officer: EVP, Portfolio Operations 450 S. ORANGE AVE., SUITE 900, ORLANDO FL 32801
Michelle Lynn Miller officer: EVP & Chief Accounting Officer 450 S ORANGE AVE, STE 900, ORLANDO FL 32801-3339
Elizabeth Gulacsy director C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819
Kevin B Habicht director, officer: EVP & CFO CNL REALTY INC, 450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
Kamau Omari Witherspoon director 450 S. ORANGE AVE., SUITE 900, ORLANDO FL 32801
Julian E Whitehurst officer: EVP & General Counsel
Horn Stephen A Jr officer: EVP & Chief Acquisitions Offic 450 S. ORANGE AVE., SUITE 900, ORLANDO FL 32801
Steven D Cosler director PRIORITY HEALTHCARE CORPORATION, 250 TECHNOLOGY PARK, LAKE MARY FL 32746-6232
David M Fick director 450 S. ORANGE AVE., SUITE 900, ORLANDO FL 32801
Paul Eugene Bayer officer: Executive Officer 450 SOUTH ORANGE AVENUE, SUITE 900, ORLANDO FL 32801
Betsy D Holden director DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Craig Macnab officer: Chief Executive Officer C/O JDN PEALTY CORP, 359 EAST PACES FERRY RD, ATLANTA GA 30305
Beall Pamela K.m. director C/O MARATHON PETROLEUM CORPORATION, 539 S. MAIN STREET, FINDLAY OH 45840
Ted B Lanier director CNL REALTY INC, 450 SOUTH ORANGE AVENUE, ORLANDO FL 32801