MDV (Modiv Industrial) Days Inventory : 2,243.35 (As of Dec. 2024)

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What is Modiv Industrial Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Modiv Industrial's Average Total Inventories for the three months ended in Dec. 2024 was $22.37 Mil. Modiv Industrial's Cost of Goods Sold for the three months ended in Dec. 2024 was $0.91 Mil. Hence, Modiv Industrial's Days Inventory for the three months ended in Dec. 2024 was 2,243.35.

The historical rank and industry rank for Modiv Industrial's Days Inventory or its related term are showing as below:

MDV' s Days Inventory Range Over the Past 10 Years
Min: 598.63 Med: 1338.44 Max: 1719.08
Current: 1718.6

During the past 6 years, Modiv Industrial's highest Days Inventory was 1719.08. The lowest was 598.63. And the median was 1338.44.

MDV's Days Inventory is ranked worse than
88.24% of 153 companies
in the REITs industry
Industry Median: 121.67 vs MDV: 1718.60

Modiv Industrial's Days Inventory increased from Dec. 2023 (1,269.20) to Dec. 2024 (2,243.35). It might indicate that Modiv Industrial's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Modiv Industrial's Inventory Turnover for the three months ended in Dec. 2024 was 0.04.

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. Modiv Industrial's Inventory-to-Revenue for the three months ended in Dec. 2024 was 1.91.

Modiv Industrial Days Inventory Historical Data

The historical data trend for Modiv Industrial'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.

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Modiv Industrial Days Inventory Chart

Modiv Industrial Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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1,338.44

1,537.34

1,047.19

598.63

1,719.08

Modiv Industrial Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial														1,269.20	1,081.37	-	-	2,243.35

Competitive Comparison of Modiv Industrial's Days Inventory

For the REIT - Industrial subindustry, Modiv Industrial'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.

Modiv Industrial's Days Inventory Distribution in the REITs Industry

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

* The bar in red indicates where Modiv Industrial's Days Inventory falls into.

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Modiv Industrial Days Inventory Calculation

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

Modiv Industrial's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (11.661	+	22.372)	/	2 )	/	3.613	*	365
=	17.0165					/	3.613	*	365
=	1,719.08

Modiv Industrial's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (0	+	22.372)	/	1 )	/	0.91	*	365 / 4
=	22.372					/	0.91	*	365 / 4
=	2,243.35

Modiv Industrial (NYSE:MDV) 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.

Modiv Industrial's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.91	/	22.372
	=	0.04

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.

Modiv Industrial's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	22.372	/	11.73
	=	1.91

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.

Modiv Industrial Days Inventory Related Terms

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

Modiv Industrial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Modiv Industrial Inc (NYSE:MDV) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2195 South Downing Street, Denver, CO, USA, 80210

Website

https://www.modiv.com

Modiv Industrial Inc is a pioneer in the direct-to-consumer commercial real estate product industry. It provides individual investors access to real estate and real estate-related investments designed to provide both income and long-term growth. The Company has invested in single-tenant income-producing properties. Its current business consists of owning, managing, operating, leasing, acquiring, investing in and disposing of commercial real estate assets utilized for industrial manufacturing, as well as a few non-core assets. All of the company's consolidated revenues are derived from company's consolidated real estate properties.

Executives

Aaron Scott Halfacre	officer: CEO	2100 REXFORD ROAD, SUITE 300, CHARLOTTE NC 28211
Adam Scott Markman	director	TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Nolan Thomas H Jr	director	14631 NORTH SCOTTSDALE RD, SUITE 200, SCOTTSDALE AZ 85254
Kimberly J Smith	director	2325 E CAMELBACK RD, SUITE 1100, PHOENIX AZ 85016
Raymond J Pacini	officer: CFO	550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071
Tirondola Connie	director	14 DAYDREAM LN, ANDOVER NJ 07821
Asma Ishaq	director	120 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Curtis B Mcwilliams	director	450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
Group Of Trophy, Llc	10 percent owner	21140 S. AVALON BLVD, CARSON CA 90745
Joe F Hanauer	director	361 FOREST AVE, LAGUNA BEACH CA 92651
Sandra G Sciutto	officer: CAO	6 EXECUTIVE CIRCLE, SUITE 250, IRVINE CA 92614
David Perduk	officer: CIO	PO BOX 1705, LAGUNA BEACH CA 92652
John Harold Davis	officer: CFO	3090 BRISTOL STREET, SUITE 550, COSTA MESA CA 92626
Jeffrey Randolph	other: Trust Manager	3080 BRISTOL STREET, SUITE 550, COSTA MESA CA 92626
John C Wang	director