Sonida Senior Living (FRA:13C0) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Sonida Senior Living Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Sonida Senior Living's Cost of Goods Sold for the three months ended in Mar. 2024 was €5.6 Mil. Sonida Senior Living's Average Total Inventories for the quarter that ended in Mar. 2024 was €0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sonida Senior Living's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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. Sonida Senior Living's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Sonida Senior Living Inventory Turnover Historical Data

The historical data trend for Sonida Senior Living's Inventory Turnover 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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Sonida Senior Living Inventory Turnover Chart

Sonida Senior Living Annual Data

Trend

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Dec23

Inventory Turnover

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Sonida Senior Living Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Sonida Senior Living Inventory Turnover Calculation

Sonida Senior Living's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	19.348	/ (	(0	+	0)	/	1 )
=	19.348	/	0
=	N/A

Sonida Senior Living's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	5.618	/ (	(0	+	0)	/	1 )
=	5.618	/	0
=	N/A

Sonida Senior Living (FRA:13C0) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Sonida Senior Living's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0	/	5.618	*	365 / 4
	=	0.00

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.

Sonida Senior Living's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0	/	62.043
	=	0.00

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Sonida Senior Living Inventory Turnover Related Terms

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Sonida Senior Living (FRA:13C0) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Sonida Senior Living Inc (FRA:13C0) » Definitions » Inventory Turnover

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SNDA:USA

Address

16301 Quorum Drive, Suite 160A, Addison, TX, USA, 75001

Website

https://www.sonidaseniorliving.com

Sonida Senior Living Inc is an owner-operator of senior housing communities in the United States in terms of resident capacity. The company provides senior living services to the elderly, including independent living, assisted living, Respite Care and Temporary Care Programs, Home Care Services, and memory care services. Its objective is to provide value to residents by providing quality senior housing services at reasonable prices. The basic service of the company is comprised of meals, housekeeping, laundry, 24-hour staffing, transportation, social and recreational activities, and healthcare monitoring.

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