Gladstone Land (Gladstone Land) Inventory-to-Revenue : 2.19 (As of Dec. 2023)

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What is Gladstone Land 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. Gladstone Land's Average Total Inventories for the quarter that ended in Dec. 2023 was $53.63 Mil. Gladstone Land's Revenue for the three months ended in Dec. 2023 was $24.45 Mil. Gladstone Land's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.19.

Gladstone Land's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.00) to Sep. 2023 (2.19)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gladstone Land's Days Inventory for the three months ended in Dec. 2023 was 3,358.53.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gladstone Land's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.03.

Gladstone Land Inventory-to-Revenue Historical Data

The historical data trend for Gladstone Land'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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Gladstone Land Inventory-to-Revenue Chart

Gladstone Land Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.59

Gladstone Land Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory-to-Revenue	Get a 7-Day Free Trial															-	-	-	-	2.19

Competitive Comparison of Gladstone Land's Inventory-to-Revenue

For the REIT - Specialty subindustry, Gladstone Land'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.

Gladstone Land's Inventory-to-Revenue Distribution in the REITs Industry

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

* The bar in red indicates where Gladstone Land's Inventory-to-Revenue falls into.

Gladstone Land Inventory-to-Revenue Calculation

Gladstone Land's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (A: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )
=	( (0	+	53.626)	/	1 )	/	90.398
=	53.626					/	90.398
=	0.59

Gladstone Land'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (0	+	53.626)	/	1 )	/	24.452
=	53.626					/	24.452
=	2.19

Gladstone Land (NAS:LANDP.PFD) Inventory-to-Revenue Explanation

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

Likewise, 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.

More Related Terms:

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

Gladstone Land's Days Inventory for the three 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
	=	53.626	/	1.457	*	365 / 4
	=	3,358.53

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

Gladstone Land'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 )
	=	1.457	/	53.626
	=	0.03

Gladstone Land Inventory-to-Revenue Related Terms

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Gladstone Land (Gladstone Land) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Gladstone Land Corp (NAS:LANDP.PFD) » Definitions » Inventory-to-Revenue

Comparable Companies

FPI NLCP AFCG CORR PW UNIT OUT HASI AMT EQIX CCI DLR SBAC WY IRM GLPI LAMR RYN PCH EPR

Traded in Other Exchanges

LANDM.PFD:USA LANDO.PFD:USA LAND:USA 3L4:Germany

Address

1521 Westbranch Drive, Suite 100, McLean, VA, USA, 22102

Website

https://www.gladstonefarms.com

Gladstone Land Corp is an externally-managed, agricultural REIT. It is mainly in the business of owning and leasing farmland. It manages operations in one reporting segment. It is focused on the ownership of high-quality farms and farm-related properties that are leased on a triple-net basis to tenants with a strong operating history and deep farming resources. The farmland is predominantly concentrated in locations where farmers are able to grow either fresh produce annual row crops (e.g., certain berries and vegetables), which are typically planted and harvested annually, or certain permanent crops (e.g., almonds, blueberries, pistachios, and wine grapes). To a much lesser extent, it also own farms that grow certain commodity crops (e.g., corn and beans).