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VEREIT's total inventories for the quarter that ended in Sep. 2021 was $0 Mil. VEREIT's average total inventories from the quarter that ended in Jun. 2021 to the quarter that ended in Sep. 2021 was $0 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. VEREIT's Net-Net Working Capital per share for the quarter that ended in Sep. 2021 was $-26.29.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. VEREIT's Days Inventory for the three months ended in Sep. 2021 was 0.00.
Inventory Turnover measures how fast the company turns over its inventory within a year.
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. VEREIT's Inventory-to-Revenue for the quarter that ended in Sep. 2021 was 0.00.
The historical data trend for VEREIT's Total Inventories 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.
VEREIT Annual Data | |||||||||||||||||||||
Trend | Dec11 | Dec12 | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | |||||||||||
Total Inventories | Get a 7-Day Free Trial | - | - | - | - | - |
VEREIT Quarterly Data | ||||||||||||||||||||
Dec16 | Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | |
Total Inventories | Get a 7-Day Free Trial | - | - | - | - | - |
Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.
VEREIT (NYSE:VER) Total Inventories Explanation
Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.
1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.
VEREIT's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2021 is
Net-Net Working Capital Per Share (Q: Sep. 2021 ) | |||||||
= | (Cash And Cash Equivalents | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (5.874 | + | 0.75 * 338.64 | + | 0.5 * 0 | - | 6276.154 |
- | 0 | - | 7.04) | / | 229.152 | ||
= | -26.29 |
2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
VEREIT's Days Inventory for the three months ended in Sep. 2021 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Sep. 2021 ) | / | Cost of Goods Sold (Q: Sep. 2021 ) | * | Days in Period |
= | 0 | / | 28.854 | * | 365 / 4 | |
= | 0.00 |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
VEREIT's Inventory Turnover for the quarter that ended in Sep. 2021 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Sep. 2021 ) | / | Average Total Inventories (Q: Sep. 2021 ) |
= | 28.854 | / | 0 | |
= | N/A |
4. 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.
VEREIT's Inventory to Revenue for the quarter that ended in Sep. 2021 is calculated as
Inventory-to-Revenue | = | Average Total Inventories (Q: Sep. 2021 ) | / | Revenue (Q: Sep. 2021 ) |
= | 0 | / | 290.192 | |
= | 0.00 |
* 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
Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.
When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.
Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.
Thank you for viewing the detailed overview of VEREIT's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
Mary Hogan Preusse | director | C/O KIMCO REALTY CORP., 3333 NEW HYDE PARK ROAD, NEW HYDE PARK NY 11042 |
Julie Richardson | director | YEXT, INC., 1 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10010 |
Eugene A Pinover | director | 333 CENTRAL PARK WEST, APT 66 NEW YORK NY 10025 |
Hugh R Frater | director, other: Non-Executive Chairman | C/O FANNIE MAE, 1100 15TH STREET NW, WASHINGTON DC 20005 |
Glenn J Rufrano | director, officer: Chief Executive Officer | C/O NEW PLAN EXCEL REALTY TRUST, INC., 1120 AVENUE OF THE AMERICAS, SUITE 1200, NEW YORK NY 10036 |
Gavin Brandon | officer: SVP & Chief Accounting Officer | 2325 E CAMELBACK RD, 9TH FLOOR, PHOENIX AZ 85016 |
Mark S Ordan | director | 7315 WISCONSIN AVENUE, SUITE #250 WEST, BETHESDA MD 20814 |
David Henry | director | 3333 NEW HYDE PARK ROAD, NEW HYDE PARK NY 11042 |
Richard J Lieb | director | C/O GREENHILL & CO., INC.,, 300 PARK AVENUE, NEW YORK NY 10022 |
Paul H Mcdowell | officer: See Remarks | 110 MAIDEN LANE, NEW YORK NY 10005 |
Michael J. Bartolotta | officer: See Remarks | 7 VIK DRIVE, WARWICK NY 10990 |
Lauren Goldberg | officer: See Remarks | 23 W. 73RD. ST. #508 NEW YORK NY 10023 |
Thomas W Roberts | officer: See Remarks | 2325 E. CAMELBACK ROAD, SUITE 1100, PHOENIX NY 85016 |
Miller William Craig Jr. | officer: See Remarks | 315 PONDFIELD ROAD BRONXVILLE NY 10708 |
Bruce D Frank | director | 405 PARK AVENUE, NEW YORK NY 10022 |
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