GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Apartment Investment & Management Co (NYSE:AIV) » Definitions » Total Inventories

Apartment Investment & Management Co (Apartment Investment & Management Co) Total Inventories : $0.0 Mil (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Apartment Investment & Management Co Total Inventories?

Apartment Investment & Management Co's total inventories for the quarter that ended in Dec. 2023 was $0.0 Mil. Apartment Investment & Management Co's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $0.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Apartment Investment & Management Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-11.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Apartment Investment & Management Co's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

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. Apartment Investment & Management Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.


Apartment Investment & Management Co Total Inventories Historical Data

The historical data trend for Apartment Investment & Management Co'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.

Apartment Investment & Management Co Total Inventories Chart

Apartment Investment & Management Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial - - - - -

Apartment Investment & Management Co Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Apartment Investment & Management Co 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.


Apartment Investment & Management Co  (NYSE:AIV) 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.

Apartment Investment & Management Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(122.601+0.75 * 4.804+0.5 * 0-1497.865
-0-241.958)/140.576
=-11.48

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

Apartment Investment & Management Co'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
=0/19.064*365 / 4
=0.00

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

Apartment Investment & Management Co'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 )
=19.064 / 0
=N/A

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.

Apartment Investment & Management Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0 / 49.352
=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.


Apartment Investment & Management Co Total Inventories Related Terms

Thank you for viewing the detailed overview of Apartment Investment & Management Co's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Apartment Investment & Management Co (Apartment Investment & Management Co) Business Description

Traded in Other Exchanges
N/A
Address
4582 South Ulster Street, Suite 1450, Denver, CO, USA, 80237
Apartment Investment & Management Co is a self-managed real estate investment trust. It is focused on property development, redevelopment and various other value-creating investment strategies, targeting the U.S multifamily market. Its operating segments are Development and Redevelopment; Operating, and Other. The company generates majority of revenue from operating segment.
Executives
Sherry L Rexroad director 2 BAYBERRY CIRCLE, AMBLER PA 19002
Kellie Dreyer officer: Senior Vice President and CAO 4582 S. ULSTER ST. SUITE 1450, DENVER CO 80237
James Patrick Sullivan director 34 SOUTH PEAK, LAGUNA NIGUEL CA 92677
Jay P Leupp director 16435 N. SCOTTSDALE ROAD, SUITE 320, SCOTTSDALE AZ 85254
Michael A Stein director 4582 S. ULSTER STREET, SUITE 1100, DENVER CO 80237
Kirk Sykes director C/O ARES COMMERCIAL REAL ESTATE CORP., 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Robert A. Miller director 6649 WESTWOOD BLVD, SUITE 500, ORLANDO FL 32821
R Dary Stone director 3344 PEACHTREE ROAD, SUITE 1800, ATLANTA GA 30326
Patricia L Gibson director 545 E JOHN CARPENTER FREEWAY, SUITE 1300, IRVING TX 75062
Quincy Allen director 4582 S. ULSTER STREET, SUITE 1700, DENVER CO 80237
Deborah Smith director 4582 S. ULSTER STREET, SUITE 1450, DENVER CO 80237
Terry Considine director 4582 SOUTH ULSTER STREET PARKWAY, SUITE 1100, DENVER CO 80237
Jennifer Johnson officer: EVP CAO and General Counsel 4582 S. ULSTER STREET, STE 1400, DENVER CO 80237
Wesley William Powell director, officer: President and CEO 4582 S. ULSTER STREET, SUITE 1100, DENVER CO 80237
Lynn Stanfield officer: EVP and CFO 4582 S. ULSTER STREET, SUITE 1100, DENVER CO 80237