>
Switch to:

UDR Inventory Turnover

: 0.38 (As of Jun. 2021)
View and export this data going back to 1990. Start your Free Trial

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. UDR's Cost of Goods Sold for the three months ended in Jun. 2021 was $100 Mil. UDR's Total Inventories for the quarter that ended in Jun. 2021 was $265 Mil. UDR's Inventory Turnover for the quarter that ended in Jun. 2021 was 0.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. UDR's Days Inventory for the three months ended in Jun. 2021 was 240.40.

Total Inventories can be measured by Days Sales of Inventory (DSI). UDR's days sales of inventory (DSI) for the three months ended in Jun. 2021 was 77.58.

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. UDR's Inventory-to-Revenue for the quarter that ended in Jun. 2021 was 0.85.


UDR Inventory Turnover Historical Data

The historical data trend for UDR'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.

* Premium members only.

UDR Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Inventory Turnover
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.18 0.61 0.51 - 1.55

UDR Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Inventory Turnover 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 0.83 0.59 0.43 0.40 0.38

UDR Inventory Turnover Calculation

UDR's Inventory Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Inventory Turnover (A: Dec. 2020 )
=Cost of Goods Sold / Total Inventories
=Cost of Goods Sold (A: Dec. 2020 ) / ((Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count )
=382.394 / ((0 + 246.867) / 1 )
=382.394 / 246.867
=1.55

UDR's Inventory Turnover for the quarter that ended in Jun. 2021 is calculated as

Inventory Turnover (Q: Jun. 2021 )
=Cost of Goods Sold / Total Inventories
=Cost of Goods Sold (Q: Jun. 2021 ) / ((Total Inventories (Q: Mar. 2021 ) + Total Inventories (Q: Jun. 2021 )) / count )
=100.48 / ((242.881 + 286.543) / 2 )
=100.48 / 264.712
=0.38

* 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.


UDR  (NYSE:UDR) 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.

UDR's Days Inventory for the three months ended in Jun. 2021 is calculated as:

Days Inventory =Total Inventories (Q: Jun. 2021 )/Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=264.712/100.48*365 / 4
=240.40

2. Total Inventories can be measured by Days Sales of Inventory (DSI).

UDR's Days Sales of Inventory for the three months ended in Jun. 2021 is calculated as:

Days Sales of Inventory (DSI)=Total Inventories (Q: Jun. 2021 )/Revenue (Q: Jun. 2021 )*Days in Period
=264.712/311.348*365 / 4
=77.58

3. 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.

UDR's Inventory to Revenue for the quarter that ended in Jun. 2021 is calculated as

Inventory-to-Revenue=Total Inventories (Q: Jun. 2021 ) / Revenue (Q: Jun. 2021 )
=264.712 / 311.348
=0.85

* 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

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.


UDR Inventory Turnover Related Terms

Thank you for viewing the detailed overview of UDR's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


UDR Business Description

UDR logo
Industry
Real Estate » REITs NAICS : 531110 SIC : 6798
Traded in Other Exchanges
Address
1745 Shea Center Drive, Suite 200, Highlands Ranch, CO, USA, 80129
UDR is a real estate investment trust primarily engaged in the acquisition, management, and development of multifamily apartment communities in urban submarkets throughout the United States. UDR divides its real estate portfolio into West, Mid-Atlantic, Southeast, Northeast, and Southwest geographic segments. Cumulatively, the vast majority of the company's real estate assets are located in the western, mid-Atlantic, and northeastern areas of the U. .in terms of total value. The urban markets of metropolitan Washington D.C.; New York City; Orange County, California; and San Francisco, specifically, account for the majority of the value of UDR's real estate property portfolio. The company derives nearly all of its revenue in the form of rental income from leases.
Executives
Morefield Diane M director 200 W. MADISON STREET SUITE 1700 CHICAGO IL 60606
Hofmeister Tracy L officer: VP - Chief Accounting Officer 1745 SHEA CENTER DRIVE SUITE 200 HIGHLANDS RANCH CO 80129
Alcock Harry G officer: SVP-Chief Investment Officer 4582 SOUTH ULSTER STREET PARKWAY SUITE 1100 DENVER CO 80237
Toomey Thomas W director, officer: Chairman and CEO PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: TOOMEY THOMAS W a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Davis Jerry A officer: President-COO 1745 SHEA CENTER DRIVE SUITE 200 HIGHLANDS RANCH CO 80129
Troupe Warren L officer: Senior Exec VP 1745 SHEA CENTER DRIVE SUITE 200 HIGHLANDS RANCH CO 80129
Fisher Joseph D officer: SVP-Chief Financial Officer 1745 SHEA CENTER DRIVE SUITE 200 HIGHLANDS RANCH CO 80129
Mcdonnough Clinton D director 1745 SHEA CENTER DRIVE SUITE 200 HIGHLANDS RANCH CO 80129
Patterson Mark R director 40 MINNISINK ROAD SHORT HILLS NJ 07078
King Mary Ann director 1745 SHEA CENTER DRIVE SUITE 200 HIGHLANDS RANCH CO 80129
Mcnamara Robert A director C/O FLUOR CORP ONE ENTERPRISE DR ALISO VIEJO CA 92656
Grove Jon A director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: GROVE JON A a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Klingbeil James D director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: KLINGBEIL JAMES D a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Cattanach Katherine A director 672 S. GAYLORD STREET DENVER CO 80209
Sagalyn Lynne B director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: SAGALYN LYNNE B a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}

UDR Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)