Days Inventory is also known as Days Sales of Inventory (DSI). Heriot REIT's Average Total Inventories for the
six
months ended in Dec. 2023 was R22.7 Mil. Heriot REIT's Cost of Goods Sold for the
six
months ended in Dec. 2023 was R204.9 Mil.
Hence, Heriot REIT's Days Inventory for the
six
months ended in Dec. 2023 was 20.19.
The historical rank and industry rank for Heriot REIT's Days Inventory or its related term are showing as below:
JSE:HET'
s Days Inventory Range Over the Past 10 Years
Min: 27.39 Med: 53.96 Max: 53.96
Current: 27.39
During the past 6 years, Heriot REIT's highest Days Inventory was 53.96. The lowest was 27.39. And the median was 53.96.
JSE:HET's Days Inventory is not ranked
in the REITs industry.
Industry Median: 89.35
vs JSE:HET: 27.39
Heriot REIT's Days Inventory
increased
from Dec. 2022 (0.00) to Dec. 2023 (20.19).
It might indicate that Heriot REIT's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Heriot REIT's Inventory Turnover for the
six
months ended in Dec. 2023 was 9.04.
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.
Heriot REIT's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.04.
Heriot REIT Days Inventory Historical Data
The historical data trend for Heriot 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.
Competitive Comparison of Heriot REIT's Days Inventory
For the REIT - Diversified subindustry, Heriot 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.
Heriot REIT's Days Inventory Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Heriot REIT's Days Inventory distribution charts can be found below:
* The bar in red indicates where Heriot REIT's Days Inventory falls into.
Heriot REIT Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Heriot REIT's Days Inventory for the fiscal year that ended in Jun. 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.
Heriot REIT (JSE:HET) 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.
Heriot REIT's Inventory Turnover for the
six
months ended in Dec. 2023 is calculated as
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.
Heriot REIT's Inventory to Revenue for the
six
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.
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.
Heriot REIT Days Inventory Related Terms
Thank you for viewing the detailed overview of Heriot REIT's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Heriot REIT Ltd is a South African real estate investment trust. The company owns a portfolio of retail, industrial, office, specialized, residential properties, and others. While the majority of the revenue is earned from Industrial properties. The primary objective of the company is to develop or acquire yield-enhancing assets within Southern Africa to create a stable and diverse portfolio for the purposes of generating capital growth and securing escalating net rental income streams.
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