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Spirit Realty Capital (Spirit Realty Capital) Total Inventories : $0.0 Mil (As of Sep. 2023)


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What is Spirit Realty Capital Total Inventories?

Spirit Realty Capital's total inventories for the quarter that ended in Sep. 2023 was $0.0 Mil. Spirit Realty Capital's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 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. Spirit Realty Capital's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-29.64.

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


Spirit Realty Capital Total Inventories Historical Data

The historical data trend for Spirit Realty Capital'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.

Spirit Realty Capital Total Inventories Chart

Spirit Realty Capital Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Inventories
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Spirit Realty Capital Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Spirit Realty Capital 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.


Spirit Realty Capital  (NYSE:SRC) 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.

Spirit Realty Capital's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(134.166+0.75 * 0+0.5 * 0-4157.415
-166.177-0)/141.331
=-29.64

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

Spirit Realty Capital's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=0/8.382*365 / 4
=0.00

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

Spirit Realty Capital's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=8.382 / 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.

Spirit Realty Capital's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=0 / 189.842
=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.


Spirit Realty Capital Total Inventories Related Terms

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Spirit Realty Capital (Spirit Realty Capital) Business Description

Traded in Other Exchanges
Address
2727 North Harwood Street, Suite 300, Spirit Realty Capital, Dallas, TX, USA, 75201
Spirit Realty Capital Inc is a real estate investment trust primarily involved in leasing properties throughout the U.S. Spirit Realty's core business is acquiring real estate through sale-leaseback transactions in which a tenant will sell their property to Spirit and then lease that same property back from Spirit through a prearranged, long-term agreement. Spirit generates nearly all of its revenue in the form of rental income derived from leasing assets in its real estate portfolio. The vast majority of this portfolio is composed of retail properties. General merchandise companies, casual dining chains, and quick service restaurant chains represent significant amounts of Spirit's rental income. The company's real estate assets are fairly evenly distributed throughout the U.S.
Executives
Michelle M Frymire director C/O SPIRIT REALTY CAPITAL, INC., 2727 N. HARWOOD STREET, SUITE 300, DALLAS TX 75201
Richard I Gilchrist director 5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Rochelle Thomas officer: EVP, General Counsel C/O SPIRIT REALTY CAPITAL, INC., 2727 N HARWOOD STREET, SUITE 300, DALLAS TX 75201
Jay Young officer: EVP, General Counsel 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240
Thomas J Sullivan director C/O SPIRIT REALTY CAPITAL INC., 2727 N. HARWOOD STREET, SUITE 300, DALLAS TX 75201
Kristian M Gathright director 10 S THIRD ST, RICHMOND VA 23219
Diana Laing director THE MACERICH COMPANY, 401 WILSHIRE BVLD., STE. 700, SANTA MONICA CA 90401
Elizabeth F Frank director ONE AMC WAY, 11500 ASH STREET, LEAWOOD KS 66211
Kenneth Heimlich officer: EVP, Asset Management 2727 N. HARWOOD ST., STE. 300, DALLAS TX 75201
Jackson Hsieh director, officer: CEO and President 2727 N HARWOOD STREET, SUITE 300, DALLAS TX 75201
Michael C. Hughes officer: EVP, CFO 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Prakash J Parag officer: SVP, Chief Accounting Officer 2727 N HARWOOD STREET, SUITE 300, DALLAS X1 75201
Thomas D Senkbeil director
Sheli Z Rosenberg director C/O EQUITY GROUP INVESTMENTS, L.L.C., TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Todd A Dunn director 14631 NORTH SCOTTSDALE RD., SUITE 200, SCOTTSDALE AZ 85254