Tier REIT (Tier REIT) Inventory Turnover : 0.00 (As of Mar. 2019)

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What is Tier REIT 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. Tier REIT's Cost of Goods Sold for the three months ended in Mar. 2019 was $11.1 Mil. Tier REIT's Average Total Inventories for the quarter that ended in Mar. 2019 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tier REIT's Days Inventory for the three months ended in Mar. 2019 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. Tier REIT's Inventory-to-Revenue for the quarter that ended in Mar. 2019 was 0.00.

Tier REIT Inventory Turnover Historical Data

The historical data trend for Tier REIT'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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Tier REIT Inventory Turnover Chart

Tier REIT Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Inventory Turnover

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Tier REIT Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Tier REIT Inventory Turnover Calculation

Tier REIT's Inventory Turnover for the fiscal year that ended in Dec. 2018 is calculated as

	Inventory Turnover (A: Dec. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2018 )	/ (	(Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )
=	52.012	/ (	(0	+	0)	/	1 )
=	52.012	/	0
=	N/A

Tier REIT's Inventory Turnover for the quarter that ended in Mar. 2019 is calculated as

	Inventory Turnover (Q: Mar. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2019 )	/ (	(Total Inventories (Q: Dec. 2018 )	+	Total Inventories (Q: Mar. 2019 ))	/	count )
=	11.113	/ (	(0	+	0)	/	1 )
=	11.113	/	0
=	N/A

Tier REIT (NYSE:TIER) 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.

Tier REIT's Days Inventory for the three months ended in Mar. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2019 )	/	Cost of Goods Sold (Q: Mar. 2019 )	*	Days in Period
	=	0	/	11.113	*	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.

Tier REIT's Inventory to Revenue for the quarter that ended in Mar. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2019 )	/	Revenue (Q: Mar. 2019 )
	=	0	/	50.092
	=	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.

Tier REIT Inventory Turnover Related Terms

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Tier REIT (Tier REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Tier REIT Inc (NYSE:TIER) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

5950 Sherry Lane, Suite 700, Dallas, TX, USA, 75225

Website

http://www.tierreit.com

Tier REIT Inc is a Dallas-based real estate investment trust. Its current business consists of owning, acquiring, developing, operating, investing in, and disposing of real estate assets. The company owns interests in nearly 29 operating office properties, one non-operating property, and one development property located in thirteen markets throughout the United States. Its property portfolio comprises 500 East Pratt, 5950 Sherry Lane, Bank of America Plaza, Centreport Office Center, Eldridge Place, among others.

Executives

Scott W Fordham	director, officer: Chief Executive Officer	5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Christie B. Kelly	director	600 E. 96TH ST., #100, INDIANAPOLIS IN 46240
Griffin R Kent Jr	director	5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Richard I Gilchrist	director	5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Thomas M Herzog	director	1920 MAIN STREET, SUITE 1200, IRVINE CA 92614
M Jason Mattox	director	1323 NORTH STEMMONS FREEWAY SUITE 200, DALLAS TX 75207
Thomas P Simon	officer: Senior Vice President/Finance	1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Michael A Ernst	officer: Chief Financial Officer	5914 NORWAY RD, DALLAS TX 75230
Thomas F August	officer: Chief Operating Officer	6214 PARK LANE, DALLAS TX 75225
Reihsen Gerald J Iii	officer: Executive VP - Corporate, other: Develop. & Legal and Secretary	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254