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Hankyu Hanshin REIT (TSE:8977) Days Inventory : 0.07 (As of May. 2023)


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What is Hankyu Hanshin REIT Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hankyu Hanshin REIT's Average Total Inventories for the six months ended in May. 2023 was 円1 Mil. Hankyu Hanshin REIT's Cost of Goods Sold for the six months ended in May. 2023 was 円2,834 Mil. Hence, Hankyu Hanshin REIT's Days Inventory for the six months ended in May. 2023 was 0.07.

The historical rank and industry rank for Hankyu Hanshin REIT's Days Inventory or its related term are showing as below:

TSE:8977' s Days Inventory Range Over the Past 10 Years
Min: 0.01   Med: 0.12   Max: 0.22
Current: 0.07

During the past 13 years, Hankyu Hanshin REIT's highest Days Inventory was 0.22. The lowest was 0.01. And the median was 0.12.

TSE:8977's Days Inventory is ranked better than
98.61% of 144 companies
in the REITs industry
Industry Median: 87.84 vs TSE:8977: 0.07

Hankyu Hanshin REIT's Days Inventory declined from May. 2022 (0.10) to May. 2023 (0.07).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hankyu Hanshin REIT's Inventory Turnover for the six months ended in May. 2023 was 2,497.13.

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. Hankyu Hanshin REIT's Inventory-to-Revenue for the six months ended in May. 2023 was 0.00.


Hankyu Hanshin REIT Days Inventory Historical Data

The historical data trend for Hankyu Hanshin REIT'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.

Hankyu Hanshin REIT Days Inventory Chart

Hankyu Hanshin REIT Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.13 0.12 0.12 0.10

Hankyu Hanshin REIT Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23
Days Inventory Get a 7-Day Free Trial 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 0.13 0.12 0.10 0.08 0.07

Competitive Comparison of Hankyu Hanshin REIT's Days Inventory

For the REIT - Diversified subindustry, Hankyu Hanshin REIT'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.


Hankyu Hanshin REIT's Days Inventory Distribution in the REITs Industry

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

* The bar in red indicates where Hankyu Hanshin REIT's Days Inventory falls into.



Hankyu Hanshin REIT Days Inventory Calculation

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

Hankyu Hanshin REIT's Days Inventory for the fiscal year that ended in Nov. 2022 is calculated as

Days Inventory (A: Nov. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Nov. 2021 ) + Total Inventories (A: Nov. 2022 )) / count ) / Cost of Goods Sold (A: Nov. 2022 )*Days in Period
=( (1.841 + 1.135) / 2 ) / 5416.172*365
=1.488 / 5416.172*365
=0.10

Hankyu Hanshin REIT's Days Inventory for the quarter that ended in May. 2023 is calculated as:

Days Inventory (Q: May. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2022 ) + Total Inventories (Q: May. 2023 )) / count ) / Cost of Goods Sold (Q: May. 2023 )*Days in Period
=( (1.135 + 1.135) / 2 ) / 2834.243*365 / 2
=1.135 / 2834.243*365 / 2
=0.07

* 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.


Hankyu Hanshin REIT  (TSE:8977) 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.

Hankyu Hanshin REIT's Inventory Turnover for the six months ended in May. 2023 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.

Hankyu Hanshin REIT's Inventory to Revenue for the six months ended in May. 2023 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.


Hankyu Hanshin REIT Days Inventory Related Terms

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


Hankyu Hanshin REIT (TSE:8977) Business Description

Traded in Other Exchanges
N/A
Address
19-19, Chayamachi, Kita-ku, Osaka, JPN, 530-0013
Hankyu Hanshin REIT Inc is a real estate investment trust. The firm manages funds contributed by unitholders by investing them mainly in real estate and real estate backed securities. Its portfolio comprises retail facilities, Office use facilities and Complex facilities. The firm holds the majority of its investments in Kansai region.

Hankyu Hanshin REIT (TSE:8977) Headlines

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