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APPTF (Automotive Properties Real Estate Investment Trust) Days Inventory : 0.00 (As of Sep. 2024)


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What is Automotive Properties Real Estate Investment Trust Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Automotive Properties Real Estate Investment Trust's Average Total Inventories for the three months ended in Sep. 2024 was $0.00 Mil. Automotive Properties Real Estate Investment Trust's Cost of Goods Sold for the three months ended in Sep. 2024 was $2.69 Mil. Hence, Automotive Properties Real Estate Investment Trust's Days Inventory for the three months ended in Sep. 2024 was 0.00.

The historical rank and industry rank for Automotive Properties Real Estate Investment Trust's Days Inventory or its related term are showing as below:

APPTF's Days Inventory is not ranked *
in the REITs industry.
Industry Median: 117.165
* Ranked among companies with meaningful Days Inventory only.

Automotive Properties Real Estate Investment Trust's Days Inventory stayed the same from Sep. 2023 (0.00) to Sep. 2024 (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. Automotive Properties Real Estate Investment Trust's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.00.


Automotive Properties Real Estate Investment Trust Days Inventory Historical Data

The historical data trend for Automotive Properties Real Estate Investment Trust's Days Inventory 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.

Automotive Properties Real Estate Investment Trust Days Inventory Chart

Automotive Properties Real Estate Investment Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Automotive Properties Real Estate Investment Trust Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Automotive Properties Real Estate Investment Trust's Days Inventory

For the REIT - Specialty subindustry, Automotive Properties Real Estate Investment Trust's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Automotive Properties Real Estate Investment Trust's Days Inventory Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Automotive Properties Real Estate Investment Trust's Days Inventory distribution charts can be found below:

* The bar in red indicates where Automotive Properties Real Estate Investment Trust's Days Inventory falls into.



Automotive Properties Real Estate Investment Trust Days Inventory Calculation

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

Automotive Properties Real Estate Investment Trust's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 10.489*365
=0 / 10.489*365
=0.00

Automotive Properties Real Estate Investment Trust's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 2.685*365 / 4
=0 / 2.685*365 / 4
=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.


Automotive Properties Real Estate Investment Trust  (OTCPK:APPTF) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Automotive Properties Real Estate Investment Trust's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

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.

Automotive Properties Real Estate Investment Trust's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Automotive Properties Real Estate Investment Trust Days Inventory Related Terms

Thank you for viewing the detailed overview of Automotive Properties Real Estate Investment Trust's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Automotive Properties Real Estate Investment Trust Business Description

Traded in Other Exchanges
Address
133 King Street East, Suite 300, Toronto, ON, CAN, M5C 1G6
Automotive Properties Real Estate Investment Trust is an unincorporated open-ended real estate investment trust focused on investing in high-quality Canadian automotive properties tenanted by automotive dealership groups and automotive brands ranging from mass-market to ultra-luxury. The company holds a portfolio of best-in-class properties located in strategic Canadian urban markets across Ontario, British Columbia, Alberta, Saskatchewan, Manitoba, and Quebec. The primary objectives of the REIT are to provide Unitholders with stable, sustainable and growing cash distributions, and to enhance and expand the REIT's asset portfolio in order to maximize Unitholder value.