PREUF (Prosperity Real Estate Investment Trust) Inventory Turnover : 0.00 (As of Jun. 2024)

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What is Prosperity Real Estate Investment Trust 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. Prosperity Real Estate Investment Trust's Cost of Goods Sold for the six months ended in Jun. 2024 was $6.41 Mil. Prosperity Real Estate Investment Trust's Average Total Inventories for the quarter that ended in Jun. 2024 was $0.00 Mil.

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

Prosperity Real Estate Investment Trust Inventory Turnover Historical Data

The historical data trend for Prosperity Real Estate Investment Trust'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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Prosperity Real Estate Investment Trust Inventory Turnover Chart

Prosperity Real Estate Investment Trust Annual Data

Trend

Dec14

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Dec20

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Dec22

Dec23

Inventory Turnover

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Prosperity Real Estate Investment Trust Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Prosperity Real Estate Investment Trust Inventory Turnover Calculation

Prosperity Real Estate Investment Trust'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 )
=	19.634	/ (	(0	+	0)	/	1 )
=	19.634	/	0
=	N/A

Prosperity Real Estate Investment Trust's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	6.409	/ (	(0	+	0)	/	1 )
=	6.409	/	0
=	N/A

Prosperity Real Estate Investment Trust (OTCPK:PREUF) 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.

Prosperity Real Estate Investment Trust's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	0	/	6.409	*	365 / 2
	=	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.

Prosperity Real Estate Investment Trust's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	0	/	27.523
	=	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.

Prosperity Real Estate Investment Trust Inventory Turnover Related Terms

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Prosperity Real Estate Investment Trust Business Description

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00808:Hong Kong

Address

6 The Metropolis Drive, Unit 901, Level 9, Fortune Metropolis, Hunghom, Kowloon, Hong Kong, HKG

Website

https://www.prosperityreit.com

Prosperity Real Estate Investment Trust, or Prosperity REIT, owns a property portfolio in the decentralized business districts of Hong Kong. The company's segment based on geographical includes The Metropolis Tower, Prosperity Millennia Plaza, 9 Chong Yip Street, Prosperity Place, Trendy Centre, Prosperity Center, and New Treasure Centre. It derives the maximum rental income from the Metropolis Tower.