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. CareTrust REIT's Average Total Inventories for the quarter that ended in Sep. 2024 was $0.0 Mil. CareTrust REIT's Revenue for the
three
months ended in Sep. 2024 was $57.2 Mil.
CareTrust REIT's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.00.
CareTrust REIT's Inventory-to-Revenue for the quarter that ended in Sep. 2024
stayed the same
from Jun. 2024 (0.00) to Jun. 2024 (0.00)
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
CareTrust REIT's Days Inventory for the
three
months ended in Sep. 2024 was 0.00.
Inventory Turnover measures how fast the company turns over its inventory within a year.
CareTrust REIT Inventory-to-Revenue Historical Data
The historical data trend for CareTrust REIT's Inventory-to-Revenue 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.
Competitive Comparison of CareTrust REIT's Inventory-to-Revenue
For the REIT - Healthcare Facilities subindustry, CareTrust REIT's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.
CareTrust REIT's Inventory-to-Revenue Distribution in the REITs Industry
For the REITs industry and Real Estate sector, CareTrust REIT's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where CareTrust REIT's Inventory-to-Revenue falls into.
CareTrust REIT Inventory-to-Revenue Calculation
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.
CareTrust REIT's Inventory-to-Revenue for the fiscal year that 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.
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
CareTrust REIT's Days Inventory for the
three
months ended in Sep. 2024 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.
CareTrust REIT Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of CareTrust REIT's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
CareTrust REIT Inc is a self-administered, publicly-traded REIT engaged in the ownership, acquisition, financing, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. The Company has one reportable segment consisting of investments in healthcare-related real estate assets. It generates revenues by leasing healthcare-related properties to healthcare operators in triple-net lease arrangements. The Company generate revenues by leasing healthcare-related properties to healthcare operators in triple-net lease arrangements, under which the tenant is solely responsible for the costs related to the property (including property taxes, insurance, maintenance and repair costs and capital expenditures).
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