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. Sun Communities's Average Total Inventories for the quarter that ended in Dec. 2023 was $213 Mil. Sun Communities's Revenue for the
three
months ended in Dec. 2023 was $722 Mil.
Sun Communities's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.30.
Sun Communities's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Sep. 2023 (0.24) to Sep. 2023 (0.30)
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.
Sun Communities's Days Inventory for the
three
months ended in Dec. 2023 was 49.40.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Sun Communities's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.85.
Sun Communities Inventory-to-Revenue Historical Data
The historical data trend for Sun Communities'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.
Competitive Comparison of Sun Communities's Inventory-to-Revenue
For the REIT - Residential subindustry, Sun Communities'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.
Sun Communities's Inventory-to-Revenue Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Sun Communities's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Sun Communities's Inventory-to-Revenue falls into.
Sun Communities Inventory-to-Revenue Calculation
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.
Sun Communities's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Sun Communities (NYSE:SUI) 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:
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.
Sun Communities's Days Inventory for the
three
months ended in Dec. 2023 is calculated as:
* 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.
Sun Communities Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Sun Communities's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Sun Communities (Sun Communities) Business Description
Sun Communities is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently owns a portfolio of 670 properties, which includes 353 manufactured housing communities, 182 residential vehicle communities, and 135 marina properties. Sun targets owning properties that are desirable as second homes or vacation properties with nearly 50% of the portfolio located in either Florida or Michigan near major bodies of water.
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