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First Capital REIT (TSX:FCR.UN) Inventory-to-Revenue : 1.11 (As of Dec. 2023)


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What is First Capital 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. First Capital REIT's Average Total Inventories for the quarter that ended in Dec. 2023 was C$189.4 Mil. First Capital REIT's Revenue for the three months ended in Dec. 2023 was C$171.2 Mil. First Capital REIT's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.11.

First Capital REIT's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (1.09) to Sep. 2023 (1.11)

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. First Capital REIT's Days Inventory for the three months ended in Dec. 2023 was 276.82.

Inventory Turnover measures how fast the company turns over its inventory within a year. First Capital REIT's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.33.


First Capital REIT Inventory-to-Revenue Historical Data

The historical data trend for First Capital 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.

* Premium members only.

First Capital REIT Inventory-to-Revenue Chart

First Capital REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.06 0.17 0.23 0.25

First Capital REIT 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 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 0.88 0.92 1.00 1.09 1.11

Competitive Comparison of First Capital REIT's Inventory-to-Revenue

For the REIT - Retail subindustry, First Capital 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.


First Capital REIT's Inventory-to-Revenue Distribution in the REITs Industry

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

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



First Capital REIT 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.

First Capital REIT'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 )
=( (157.883 + 192.125) / 2 ) / 687.981
=175.004 / 687.981
=0.25

First Capital 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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (186.645 + 192.125) / 2 ) / 171.184
=189.385 / 171.184
=1.11

* 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.


First Capital REIT  (TSX:FCR.UN) 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.

First Capital REIT'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
=189.385/62.428*365 / 4
=276.82

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

First Capital 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 )
=62.428 / 189.385
=0.33

* 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.


First Capital REIT Inventory-to-Revenue Related Terms

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First Capital REIT (TSX:FCR.UN) Business Description

Traded in Other Exchanges
Address
85 Hanna Avenue, Suite 400, King Liberty Village, Toronto, ON, CAN, M6K 3S3
First Capital REIT is a developer, owner and operator of mixed-use urban real estate in Canada's populated centres. The company's focus is on creating thriving neighbourhoods that create value for businesses, residents, communities and investors.

First Capital REIT (TSX:FCR.UN) Headlines

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