Hudson Pacific Properties (Hudson Pacific Properties) Inventory Turnover : 19.41 (As of Dec. 2023)

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What is Hudson Pacific Properties Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Hudson Pacific Properties's Cost of Goods Sold for the three months ended in Dec. 2023 was $115.55 Mil. Hudson Pacific Properties's Average Total Inventories for the quarter that ended in Dec. 2023 was $5.95 Mil. Hudson Pacific Properties's Inventory Turnover for the quarter that ended in Dec. 2023 was 19.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hudson Pacific Properties's Days Inventory for the three months ended in Dec. 2023 was 4.70.

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. Hudson Pacific Properties's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.

Hudson Pacific Properties Inventory Turnover Historical Data

The historical data trend for Hudson Pacific Properties's Inventory Turnover 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.

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Hudson Pacific Properties Inventory Turnover Chart

Hudson Pacific Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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212.83

127.49

91.67

Hudson Pacific Properties Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															24.09	22.15	20.59	19.27	19.41

Hudson Pacific Properties Inventory Turnover Calculation

Hudson Pacific Properties's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	450.465	/ (	(4.914	+	0)	/	1 )
=	450.465	/	4.914
=	91.67

Hudson Pacific Properties's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	115.545	/ (	(5.954	+	0)	/	1 )
=	115.545	/	5.954
=	19.41

Hudson Pacific Properties (NYSE:HPPpBCL.PFD) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Hudson Pacific Properties'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
	=	5.954	/	115.545	*	365 / 4
	=	4.70

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.

Hudson Pacific Properties'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 )
	=	5.954	/	223.423
	=	0.03

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Hudson Pacific Properties Inventory Turnover Related Terms

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Hudson Pacific Properties (Hudson Pacific Properties) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Hudson Pacific Properties Inc (NYSE:HPPpBCL.PFD) » Definitions » Inventory Turnover

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Traded in Other Exchanges

HPPpC.PFD:USA HPP:USA HP9:Germany

Address

11601 Wilshire Boulevard, Ninth Floor, Los Angeles, CA, USA, 90025

Website

https://www.hudsonpacificproperties.com

Hudson Pacific Properties Inc is a real estate investment trust that acquires, operates, and owns office buildings and media and entertainment properties, such as sound stages, on America's West Coast. The company focuses on developed, urban markets in Northern California, Southern California, and the Pacific Northwest. In terms of total square footage, the vast majority of Hudson Pacific's real estate portfolio is composed of office properties located in the Greater Seattle, San Francisco, and Los Angeles areas. The company operates in two reportable segments; office properties & related operations; and studio properties & related operations. The majority of revenue is derived from the office properties & related operations segment.