FREVS (First Real Estate Investment Trust of New Jersey) Inventory Turnover : 0.00 (As of Oct. 2024)

View and export this data going back to . Start your Free Trial

What is First Real Estate Investment Trust of New Jersey 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. First Real Estate Investment Trust of New Jersey's Cost of Goods Sold for the three months ended in Oct. 2024 was $0.48 Mil. First Real Estate Investment Trust of New Jersey's Average Total Inventories for the quarter that ended in Oct. 2024 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. First Real Estate Investment Trust of New Jersey's Days Inventory for the three months ended in Oct. 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. First Real Estate Investment Trust of New Jersey's Inventory-to-Revenue for the quarter that ended in Oct. 2024 was 0.00.

First Real Estate Investment Trust of New Jersey Inventory Turnover Historical Data

The historical data trend for First Real Estate Investment Trust of New Jersey'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.

* Premium members only.

First Real Estate Investment Trust of New Jersey Inventory Turnover Chart

First Real Estate Investment Trust of New Jersey Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Inventory Turnover

Get a 7-Day Free Trial

First Real Estate Investment Trust of New Jersey Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

First Real Estate Investment Trust of New Jersey Inventory Turnover Calculation

First Real Estate Investment Trust of New Jersey's Inventory Turnover for the fiscal year that ended in Oct. 2024 is calculated as

	Inventory Turnover (A: Oct. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Oct. 2024 )	/ (	(Total Inventories (A: Oct. 2023 )	+	Total Inventories (A: Oct. 2024 ))	/	count )
=	5.992	/ (	(0	+	0)	/	1 )
=	5.992	/	0
=	N/A

First Real Estate Investment Trust of New Jersey's Inventory Turnover for the quarter that ended in Oct. 2024 is calculated as

	Inventory Turnover (Q: Oct. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Oct. 2024 )	/ (	(Total Inventories (Q: Jul. 2024 )	+	Total Inventories (Q: Oct. 2024 ))	/	count )
=	0.48	/ (	(0	+	0)	/	1 )
=	0.48	/	0
=	N/A

First Real Estate Investment Trust of New Jersey (OTCPK:FREVS) 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.

First Real Estate Investment Trust of New Jersey's Days Inventory for the three months ended in Oct. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Oct. 2024 )	/	Cost of Goods Sold (Q: Oct. 2024 )	*	Days in Period
	=	0	/	0.48	*	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.

First Real Estate Investment Trust of New Jersey's Inventory to Revenue for the quarter that ended in Oct. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Oct. 2024 )	/	Revenue (Q: Oct. 2024 )
	=	0	/	7.257
	=	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.

First Real Estate Investment Trust of New Jersey Inventory Turnover Related Terms

Thank you for viewing the detailed overview of First Real Estate Investment Trust of New Jersey's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

First Real Estate Investment Trust of New Jersey Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » First Real Estate Investment Trust of New Jersey Inc (OTCPK:FREVS) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

505 Main Street, Suite 400, Hackensack, NJ, USA, 07601

Website

https://www.freitnj.com

First Real Estate Investment Trust of New Jersey Inc operates in the real estate sector of the United States. It implies the investment in real estate properties and passing on a regular income and benefit of capital appreciation to its shareholders. The company operates in two reportable segments; commercial properties and residential properties. Its revenues consist of fixed rental income from its residential and commercial properties and additional rent in the form of expense reimbursements acquired from its income-producing commercial properties. The majority of revenue is derived from the Residential properties segment.

Executives

Richard Aslanian	director	4 WEST RED OAK LANE, SUITE 303, WHITE PLAINS NY 10604
Justin Meng	director	10 ROCK HILL LANE, SCARSDALE NY 10583
Ronald J Artinian	other: Trustee	FIVE BRISTOL DRIVE, MANHASSET NY 10030
Allan Tubin	officer: CFO and Treasurer	505 MAIN STREET, HACKENSACK NJ 07601
David Hekemian	other: Trustee	505 MAIN STREET, SUITE 400, HACKENSACK NJ 07601
Donald W Barney	officer: Trustee & President
Herbert C Klein	other: Trustee	155 POLIFLY RD, HACKENSCK NJ 07601
John A Aiello	officer: Trustee & Executive Secretary	GIORDANO HALLERAN & CLESIA, PC 125 HALF MILE RD PO BOX 190, MIDDLETOWN NJ 07748
David F Mcbride	director	C/O KEYSTONE PROPERTY TRUST, 200 FOUR FALLS CORPORATE CENTER, WEST CONSHOHOCKEN PA 19428
Hekemian Robert S Jr	director	370 PASCACK ROAD, TOWNSHIP OF WASHINGTON NJ 07676
Alan L Aufzien	other: Trustee
Robert S Hekemian	officer: CEO	505 MAIN ST, SUITE 400, HACKENSACK NJ 07601