National Storage REIT (ASX:NSR) Inventory-to-Revenue : 0.01 (As of Dec. 2023)

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What is National Storage REIT Inventory-to-Revenue?

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. National Storage REIT's Average Total Inventories for the quarter that ended in Dec. 2023 was A$2.0 Mil. National Storage REIT's Revenue for the six months ended in Dec. 2023 was A$164.0 Mil. National Storage REIT's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

National Storage REIT's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.01) to Jun. 2023 (0.01)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. National Storage REIT's Days Inventory for the six months ended in Dec. 2023 was 16.83.

Inventory Turnover measures how fast the company turns over its inventory within a year. National Storage REIT's Inventory Turnover for the quarter that ended in Dec. 2023 was 10.84.

National Storage REIT Inventory-to-Revenue Historical Data

The historical data trend for National Storage REIT's Inventory-to-Revenue 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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National Storage REIT Inventory-to-Revenue Chart

National Storage REIT Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory-to-Revenue

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0.01

National Storage REIT Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory-to-Revenue	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.01

Competitive Comparison of National Storage REIT's Inventory-to-Revenue

For the REIT - Industrial subindustry, National Storage REIT's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

National Storage REIT's Inventory-to-Revenue Distribution in the REITs Industry

For the REITs industry and Real Estate sector, National Storage REIT's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where National Storage REIT's Inventory-to-Revenue falls into.

National Storage REIT Inventory-to-Revenue Calculation

National Storage REIT's Inventory-to-Revenue for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory-to-Revenue (A: Jun. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )
=	( (1.849	+	2.107)	/	2 )	/	320.131
=	1.978					/	320.131
=	0.01

National Storage REIT's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (Q: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (2.107	+	1.794)	/	2 )	/	164.029
=	1.9505					/	164.029
=	0.01

National Storage REIT (ASX:NSR) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

More Related Terms:

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

National Storage REIT's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	1.9505	/	21.15	*	365 / 2
	=	16.83

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

National Storage REIT's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	21.15	/	1.9505
	=	10.84

National Storage REIT Inventory-to-Revenue Related Terms

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National Storage REIT (ASX:NSR) Business Description

Industry

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NTSGF:USA

Address

1 Eagle Street, Level 16, Brisbane, QLD, AUS, 4000

Website

https://www.nationalstorageinvest.com.au

National Storage REIT is the largest self-storage provider in Australia and New Zealand. Most of its properties are owned and operated, but it also has long-term leaseholds. Most NSR centres are in city fringe, suburban and regional areas. The industry is fragmented, mostly comprising single site owners, while the largest three players, NSR, privately owned Kennards, and the listed Abacus Storage King operate over a third of the market. NSR plans to continue acquiring and developing self-storage centres, consolidating the fragmented industry, as well generating organic growth via dynamic pricing and occupancy management. However, its large rivals are competing via similar strategies.