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Hankyu Hanshin REIT (TSE:8977) Total Inventories : 円1 Mil (As of May. 2023)


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What is Hankyu Hanshin REIT Total Inventories?

Hankyu Hanshin REIT's total inventories for the quarter that ended in May. 2023 was 円1 Mil. Hankyu Hanshin REIT's average total inventories from the quarter that ended in Nov. 2022 to the quarter that ended in May. 2023 was 円1 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hankyu Hanshin REIT's Net-Net Working Capital per share for the quarter that ended in May. 2023 was 円-120,079.79.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hankyu Hanshin REIT's Days Inventory for the six months ended in May. 2023 was 0.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hankyu Hanshin REIT's Inventory Turnover for the quarter that ended in May. 2023 was 2,497.13.

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. Hankyu Hanshin REIT's Inventory-to-Revenue for the quarter that ended in May. 2023 was 0.00.


Hankyu Hanshin REIT Total Inventories Historical Data

The historical data trend for Hankyu Hanshin REIT'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.

* Premium members only.

Hankyu Hanshin REIT Total Inventories Chart

Hankyu Hanshin REIT Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.20 1.95 1.91 1.84 1.14

Hankyu Hanshin REIT Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.84 1.84 1.14 1.14 1.14

Hankyu Hanshin REIT Total Inventories Calculation

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.


Hankyu Hanshin REIT  (TSE:8977) 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.

Hankyu Hanshin REIT's Net-Net Working Capital Per Share for the quarter that ended in May. 2023 is

Net-Net Working Capital Per Share (Q: May. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5237.982+0.75 * 64.204+0.5 * 1.135-88766.17
-0-0)/0.6952
=-120,079.79

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

Hankyu Hanshin REIT's Days Inventory for the six months ended in May. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: May. 2023 )/Cost of Goods Sold (Q: May. 2023 )*Days in Period
=1.135/2834.243*365 / 2
=0.07

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Hankyu Hanshin REIT's Inventory Turnover for the quarter that ended in May. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: May. 2023 ) / Average Total Inventories (Q: May. 2023 )
=2834.243 / 1.135
=2,497.13

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.

Hankyu Hanshin REIT's Inventory to Revenue for the quarter that ended in May. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: May. 2023 ) / Revenue (Q: May. 2023 )
=1.135 / 5823.337
=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.


Hankyu Hanshin REIT Total Inventories Related Terms

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Hankyu Hanshin REIT (TSE:8977) Business Description

Traded in Other Exchanges
N/A
Address
19-19, Chayamachi, Kita-ku, Osaka, JPN, 530-0013
Hankyu Hanshin REIT Inc is a real estate investment trust. The firm manages funds contributed by unitholders by investing them mainly in real estate and real estate backed securities. Its portfolio comprises retail facilities, Office use facilities and Complex facilities. The firm holds the majority of its investments in Kansai region.

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