Hornigold Reit (WAR:HRL) Inventory Turnover: 0.00 (As of Jun. 2024)

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What is Hornigold Reit Inventory Turnover?

Hornigold Reit WAR:HRL Inventory Turnover is 0.00 as of Jun. 2024.

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. Hornigold Reit's Cost of Goods Sold for the three months ended in Jun. 2024 was zł0.00 Mil. Hornigold Reit's Average Total Inventories for the quarter that ended in Jun. 2024 was zł0.89 Mil. Hornigold Reit's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.00.

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

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.

Hornigold Reit (WAR:HRL) 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.

Hornigold Reit's Days Inventory for the three 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
	=	0.89	/	0	*	365 / 4
	=

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.

Hornigold Reit'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 )
	=	0.89	/	0
	=

* 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.

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.

Hornigold Reit Inventory Turnover Related Terms

Hornigold Reit Inventory Turnover Historical Data

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The historical data trend for Hornigold Reit's Inventory Turnover can be seen below:

Hornigold Reit Inventory Turnover Chart

Hornigold Reit Annual Data

Trend

Dec11

Dec12

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Inventory Turnover

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0.00

11.94

5.31

1.16

2.18

Hornigold Reit Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Mar24	Jun24
Inventory Turnover	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

Hornigold Reit Inventory Turnover Calculation

Hornigold Reit's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Inventory Turnover (A: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2021 )	/ (	(Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )
=	1.601	/ (	(0.379	+	1.09)	/	2 )
=	1.601	/	0.7345
=	2.18

Hornigold Reit'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: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	0	/ (	(0.89	+	0.89)	/	2 )
=	0	/	0.89
=	0.00

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.00 mean?

Hornigold Reit (WAR:HRL) has a Inventory Turnover of 0.00 as of Jun. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Hornigold Reit and its competitors.

Is Hornigold Reit's Inventory Turnover too high?

Hornigold Reit's current Inventory Turnover is 0.00.

How does Hornigold Reit's Inventory Turnover compare to AVB and EQR?

Hornigold Reit's Inventory Turnover of 0.00 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Inventory Turnover for a REITs company?

A good Inventory Turnover depends on the REITs industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Hornigold Reit and its competitors. Hornigold Reit's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Hornigold Reit stock overvalued right now?

Hornigold Reit (WAR:HRL) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Hornigold Reit (WAR:HRL), the current Inventory Turnover is 0.00 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hornigold Reit Business Description

Industry Real Estate REITs

Comparable Companies OSTO:ACROUD OSTO:STIL OSTO:SOLT OSTO:PRIC B XSAT:UMIDA B OSTO:FPIP OSTO:BELE NGM:MEGR XSAT:RVN NGM:FRNT B AVB EQR INVH MAA SUI ESS UDR CPT ELS AMH

Address Ul. Moniuszki 10/1, Katowice, POL, 40-005

Website http://www.hornigoldreit.pl

Hornigold Reit SA is a Poland based company that engages in the short-term rental of apartments. It provides apartments for rent located in renovated tenement houses in the city centers. The company has various apartments located in Grodowa, Slowackiego, Szopienice, Szopienicka, and Kopernika.