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Millenium Hospitality Real Estate Socimi (XMAD:YMHRE) Days Inventory : 185.54 (As of Dec. 2023)


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What is Millenium Hospitality Real Estate Socimi Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Millenium Hospitality Real Estate Socimi's Average Total Inventories for the six months ended in Dec. 2023 was €0.12 Mil. Millenium Hospitality Real Estate Socimi's Cost of Goods Sold for the six months ended in Dec. 2023 was €0.12 Mil. Hence, Millenium Hospitality Real Estate Socimi's Days Inventory for the six months ended in Dec. 2023 was 185.54.

The historical rank and industry rank for Millenium Hospitality Real Estate Socimi's Days Inventory or its related term are showing as below:

XMAD:YMHRE' s Days Inventory Range Over the Past 10 Years
Min: 35.83   Med: 179.99   Max: 417.14
Current: 186.14

During the past 7 years, Millenium Hospitality Real Estate Socimi's highest Days Inventory was 417.14. The lowest was 35.83. And the median was 179.99.

XMAD:YMHRE's Days Inventory is not ranked
in the REITs industry.
Industry Median: 129.07 vs XMAD:YMHRE: 186.14

Millenium Hospitality Real Estate Socimi's Days Inventory increased from Dec. 2022 (136.07) to Dec. 2023 (185.54). It might indicate that Millenium Hospitality Real Estate Socimi's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Millenium Hospitality Real Estate Socimi's Inventory Turnover for the six months ended in Dec. 2023 was 0.98.

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. Millenium Hospitality Real Estate Socimi's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.01.


Millenium Hospitality Real Estate Socimi Days Inventory Historical Data

The historical data trend for Millenium Hospitality Real Estate Socimi'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.

Millenium Hospitality Real Estate Socimi Days Inventory Chart

Millenium Hospitality Real Estate Socimi Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 83.79 169.91 280.77 189.34 179.99

Millenium Hospitality Real Estate Socimi Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 309.46 317.39 136.07 192.85 185.54

Competitive Comparison of Millenium Hospitality Real Estate Socimi's Days Inventory

For the REIT - Hotel & Motel subindustry, Millenium Hospitality Real Estate Socimi'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.


Millenium Hospitality Real Estate Socimi's Days Inventory Distribution in the REITs Industry

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

* The bar in red indicates where Millenium Hospitality Real Estate Socimi's Days Inventory falls into.



Millenium Hospitality Real Estate Socimi Days Inventory Calculation

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

Millenium Hospitality Real Estate Socimi'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
=( (0.088 + 0.127) / 2 ) / 0.218*365
=0.1075 / 0.218*365
=179.99

Millenium Hospitality Real Estate Socimi'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.117 + 0.127) / 2 ) / 0.12*365 / 2
=0.122 / 0.12*365 / 2
=185.54

* 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.


Millenium Hospitality Real Estate Socimi  (XMAD:YMHRE) 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.

Millenium Hospitality Real Estate Socimi's Inventory Turnover for the six 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.

Millenium Hospitality Real Estate Socimi's Inventory to Revenue for the six 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.


Millenium Hospitality Real Estate Socimi Days Inventory Related Terms

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


Millenium Hospitality Real Estate Socimi Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Paseo de la Castellana 102, Madrid, ESP, 28046
Millenium Hospitality Real Estate Socimi SA is a real estate vehicle that specializes in developing and investing in hotels in excellent locations.

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