Hospitality Property Fund (JSE:TSP) Days Inventory: 3.01 (As of Sep. 2020)

What is Hospitality Property Fund Days Inventory?

Hospitality Property Fund JSE:TSP 11 Days Inventory is 3.01 as of Sep. 2020. GuruFocus rates JSE:TSP with a GF Score™ of 11/100. The stock has 8 warning signs investors should review.

Days Inventory is also known as Days Sales of Inventory (DSI). Hospitality Property Fund's Average Total Inventories for the six months ended in Sep. 2020 was R0.93 Mil. Hospitality Property Fund's Cost of Goods Sold for the six months ended in Sep. 2020 was R56.55 Mil. Hence, Hospitality Property Fund's Days Inventory for the six months ended in Sep. 2020 was 3.01.

The historical rank and industry rank for Hospitality Property Fund's Days Inventory or its related term are showing as below:

JSE:TSP' s Days Inventory Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0
Current: 6.02

JSE:TSP's Days Inventory is not ranked
in the REITs industry.
Industry Median: 165.54 vs JSE:TSP: 6.02

Hospitality Property Fund's Days Inventory increased from Sep. 2019 (0.00) to Sep. 2020 (3.01). It might indicate that Hospitality Property Fund's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hospitality Property Fund's Inventory Turnover for the six months ended in Sep. 2020 was 60.68.

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. Hospitality Property Fund's Inventory-to-Revenue for the six months ended in Sep. 2020 was 0.01.

Hospitality Property Fund (JSE:TSP) 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.

Hospitality Property Fund's Inventory Turnover for the six months ended in Sep. 2020 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	56.553	/	0.932
	=	60.68

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.

Hospitality Property Fund's Inventory to Revenue for the six months ended in Sep. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.932	/	85.538
	=	0.01

* 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.

Hospitality Property Fund Days Inventory Related Terms

Hospitality Property Fund Days Inventory Historical Data

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The historical data trend for Hospitality Property Fund's Days Inventory can be seen below:

Hospitality Property Fund Days Inventory Chart

Hospitality Property Fund Annual Data

Trend

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Days Inventory

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Hospitality Property Fund Semi-Annual Data
	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20
Days Inventory	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	3.01

JSE:TSP vs HST, PK, APLE: Days Inventory Comparison

For the REIT - Hotel & Motel subindustry, Hospitality Property Fund'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.

Hospitality Property Fund Days Inventory vs REITs Industry

For the REITs industry and Real Estate sector, Hospitality Property Fund's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hospitality Property Fund's Days Inventory falls into.

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Hospitality Property Fund Days Inventory Calculation

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

Hospitality Property Fund's Days Inventory for the fiscal year that ended in Mar. 2020 is calculated as

	Days Inventory (A: Mar. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2019 )	+	Total Inventories (A: Mar. 2020 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2020 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Hospitality Property Fund's Days Inventory for the quarter that ended in Sep. 2020 is calculated as:

	Days Inventory (Q: Sep. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2020 )	+	Total Inventories (Q: Sep. 2020 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2020 )	*	Days in Period
=	( (0	+	0.932)	/	1 )	/	56.553	*	365 / 2
=	0.932					/	56.553	*	365 / 2
=	3.01

Frequently Asked Questions Learn more about Days Inventory →

What does a Days Inventory of 3.01 mean?

Hospitality Property Fund (JSE:TSP) has a Days Inventory of 3.01 as of Sep. 2020. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Hospitality Property Fund and its competitors.

Is Hospitality Property Fund's Days Inventory too high?

Hospitality Property Fund's current Days Inventory is 3.01. The REITs industry median Days Inventory is 165.54. Hospitality Property Fund's value of 3.01 is 98.2% below this industry median. Overall, Hospitality Property Fund has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.

How does Hospitality Property Fund's Days Inventory compare to HST and PK?

Hospitality Property Fund's Days Inventory of 3.01 can be compared against companies in the REITs industry. The industry median Days Inventory is 165.54. Hospitality Property Fund's value of 3.01 is 98.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Days Inventory for a REITs company?

The median Days Inventory among REITs companies is 165.54, based on 166 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hospitality Property Fund's current Days Inventory of 3.01 is 98.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Days Inventory mean?

A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Hospitality Property Fund and its competitors. For the REITs industry, the median Days Inventory is 165.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hospitality Property Fund's current Days Inventory is 3.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Hospitality Property Fund stock overvalued right now?

Hospitality Property Fund (JSE:TSP) has a current Days Inventory of 3.01. The current Days Inventory is 3.01 and 98.2% below the REITs industry median of 165.54. Hospitality Property Fund's overall GF Score™ is 11/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Days Inventory calculated?

Days Inventory is calculated from a company's financial statements. For Hospitality Property Fund (JSE:TSP), the current Days Inventory is 3.01 as of Sep. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hospitality Property Fund Business Description

Industry Real Estate REITs

Comparable Companies HST PK APLE XPAR:COVH SHO RHP PEB RLJ TSE:8985 FCPT DRH SVC XHR TSE:3287 INN ASX:LEP HKSE:01881 TSE:3478 XKLS:5109 CLDT

Address Montecasino Boulevard, Palazzo Towers West, Fourways, Johannesburg, ZAF, 2055

Website http://www.hpf.co.za

Hospitality Property Fund Ltd is a specialised real estate investment trust investing in the hotel and leisure sector, providing investors with exposure to both the property and hospitality industries. The company's portfolio caters to a wide-ranging domestic and international market and accommodates various segments including corporate, government, leisure, group conferencing and event business. The properties are well diversified in terms of geographic location and class of hotel, thus mitigating the inherent risks associated within the cyclical nature of the hospitality industry.