Dream Residential REIT (Dream Residential REIT) Days Inventory : 0.00 (As of Mar. 2024)

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What is Dream Residential REIT Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dream Residential REIT's Average Total Inventories for the three months ended in Mar. 2024 was $0.00 Mil. Dream Residential REIT's Cost of Goods Sold for the three months ended in Mar. 2024 was $5.38 Mil. Hence, Dream Residential REIT's Days Inventory for the three months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Dream Residential REIT's Days Inventory or its related term are showing as below:

DRREF's Days Inventory is not ranked ^*
in the REITs industry.
Industry Median: 89.35
* Ranked among companies with meaningful Days Inventory only.

Dream Residential REIT's Days Inventory stayed the same from Dec. 2022 (0.00) to Mar. 2024 (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. Dream Residential REIT's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.

Dream Residential REIT Days Inventory Historical Data

The historical data trend for Dream Residential REIT's Days Inventory 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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Dream Residential REIT Days Inventory Chart

Dream Residential REIT Annual Data

Trend

Dec22

Dec23

Days Inventory

Dream Residential REIT Quarterly Data
	Feb22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Dream Residential REIT's Days Inventory

For the REIT - Residential subindustry, Dream Residential REIT's Days Inventory, along with its competitors' market caps and Days Inventory 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.

Dream Residential REIT's Days Inventory Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Dream Residential REIT's Days Inventory distribution charts can be found below:

* The bar in red indicates where Dream Residential REIT's Days Inventory falls into.

Dream Residential REIT Days Inventory Calculation

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

Dream Residential REIT's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	22.711	*	365
=	0					/	22.711	*	365
=	0.00

Dream Residential REIT's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	5.381	*	365 / 4
=	0					/	5.381	*	365 / 4
=	0.00

Dream Residential REIT (OTCPK:DRREF) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Dream Residential REIT's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5.381	/	0
	=

2. 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.

Dream Residential REIT's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	12.014
	=	0.00

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Dream Residential REIT Days Inventory Related Terms

Thank you for viewing the detailed overview of Dream Residential REIT's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Dream Residential REIT (Dream Residential REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dream Residential REIT (OTCPK:DRREF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

DRR.U:Canada

Address

30 Adelaide Street East, Suite 301, Toronto, ON, CAN, M5C 3H1

Website

https://www.dream.ca

Dream Residential REIT is a Canada-based open-ended, real estate investment trust. It plans to acquire all of the issued and outstanding equity interests in special purpose entities, which collectively own more than 15 multi-residential rental properties. All of its properties are located in the United States.