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NexPoint Hospitality Trust (TSXV:NHT.U) Days Inventory : 0.00 (As of Dec. 2023)


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What is NexPoint Hospitality Trust Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NexPoint Hospitality Trust's Average Total Inventories for the three months ended in Dec. 2023 was $0.00 Mil. NexPoint Hospitality Trust's Cost of Goods Sold for the three months ended in Dec. 2023 was $7.26 Mil. Hence, NexPoint Hospitality Trust's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

TSXV:NHT.U's Days Inventory is not ranked *
in the REITs industry.
Industry Median: 84.855
* Ranked among companies with meaningful Days Inventory only.

NexPoint Hospitality Trust's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (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. NexPoint Hospitality Trust's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


NexPoint Hospitality Trust Days Inventory Historical Data

The historical data trend for NexPoint Hospitality 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.

NexPoint Hospitality Trust Days Inventory Chart

NexPoint Hospitality Trust Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
- - - - -

NexPoint Hospitality Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of NexPoint Hospitality Trust's Days Inventory

For the REIT - Hotel & Motel subindustry, NexPoint Hospitality 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.


NexPoint Hospitality Trust's Days Inventory Distribution in the REITs Industry

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

* The bar in red indicates where NexPoint Hospitality Trust's Days Inventory falls into.



NexPoint Hospitality Trust Days Inventory Calculation

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

NexPoint Hospitality 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 ) / 25.845*365
=0 / 25.845*365
=0.00

NexPoint Hospitality Trust's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 7.261*365 / 4
=0 / 7.261*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.


NexPoint Hospitality Trust  (TSXV:NHT.U) 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.

NexPoint Hospitality Trust's Inventory Turnover for the three months ended in Dec. 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.

NexPoint Hospitality Trust's Inventory to Revenue for the three months ended in Dec. 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.


NexPoint Hospitality Trust Days Inventory Related Terms

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


NexPoint Hospitality Trust (TSXV:NHT.U) Business Description

Traded in Other Exchanges
N/A
Address
333 Bay Street, Suite 3400, Toronto, ON, CAN, M5H 2S7
NexPoint Hospitality Trust is an open-ended real estate investment trust. The REIT has been created for the purpose of acquiring a portfolio of hospitality assets located in the United States and raising capital to acquire additional U.S.-located hospitality assets that meet its investment objectives. The objectives of NHT are to provide unitholders with an opportunity to invest in an initial portfolio of extended-stay, select-service, and efficient full-service hotels. It has one segment owning and operating hotel properties in the U.S.

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