Mitsubishi Estate Logistics REIT Investment (TSE:3481) Inventory Turnover : 0.00 (As of Aug. 2023)

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What is Mitsubishi Estate Logistics REIT Investment 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. Mitsubishi Estate Logistics REIT Investment's Cost of Goods Sold for the six months ended in Aug. 2023 was 円2,783 Mil. Mitsubishi Estate Logistics REIT Investment's Average Total Inventories for the quarter that ended in Aug. 2023 was 円0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mitsubishi Estate Logistics REIT Investment's Days Inventory for the six months ended in Aug. 2023 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. Mitsubishi Estate Logistics REIT Investment's Inventory-to-Revenue for the quarter that ended in Aug. 2023 was 0.00.

Mitsubishi Estate Logistics REIT Investment Inventory Turnover Historical Data

The historical data trend for Mitsubishi Estate Logistics REIT Investment'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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Mitsubishi Estate Logistics REIT Investment Inventory Turnover Chart

Mitsubishi Estate Logistics REIT Investment Annual Data

Trend

Aug17

Aug18

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Aug21

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Aug23

Inventory Turnover

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Mitsubishi Estate Logistics REIT Investment Semi-Annual Data
	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
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Mitsubishi Estate Logistics REIT Investment Inventory Turnover Calculation

Mitsubishi Estate Logistics REIT Investment's Inventory Turnover for the fiscal year that ended in Aug. 2023 is calculated as

	Inventory Turnover (A: Aug. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Aug. 2023 )	/ (	(Total Inventories (A: Aug. 2022 )	+	Total Inventories (A: Aug. 2023 ))	/	count )
=	5233.527	/ (	(0	+	0)	/	1 )
=	5233.527	/	0
=	N/A

Mitsubishi Estate Logistics REIT Investment's Inventory Turnover for the quarter that ended in Aug. 2023 is calculated as

	Inventory Turnover (Q: Aug. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Aug. 2023 )	/ (	(Total Inventories (Q: Feb. 2023 )	+	Total Inventories (Q: Aug. 2023 ))	/	count )
=	2782.852	/ (	(0	+	0)	/	1 )
=	2782.852	/	0
=	N/A

Mitsubishi Estate Logistics REIT Investment (TSE:3481) 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.

Mitsubishi Estate Logistics REIT Investment's Days Inventory for the six months ended in Aug. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Aug. 2023 )	/	Cost of Goods Sold (Q: Aug. 2023 )	*	Days in Period
	=	0	/	2782.852	*	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.

Mitsubishi Estate Logistics REIT Investment's Inventory to Revenue for the quarter that ended in Aug. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Aug. 2023 )	/	Revenue (Q: Aug. 2023 )
	=	0	/	7510.976
	=	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.

Mitsubishi Estate Logistics REIT Investment Inventory Turnover Related Terms

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Mitsubishi Estate Logistics REIT Investment (TSE:3481) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mitsubishi Estate Logistics REIT Investment Corp (TSE:3481) » Definitions » Inventory Turnover

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Address

2-5-1 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-0005

Website

https://mel-reit.co.jp

Mitsubishi Estate Logistics REIT Investment Corp operates as a real estate investment trust with logistics facilities as its main investment target. Its portfolio consists of eight properties mainly located in Tokyo metropolitan area.

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