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Nippon Prologis REIT (TSE:3283) Inventory Turnover : 0.00 (As of Nov. 2023)


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What is Nippon Prologis REIT Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Nippon Prologis REIT's Cost of Goods Sold for the six months ended in Nov. 2023 was 円14,351 Mil. Nippon Prologis REIT's Average Total Inventories for the quarter that ended in Nov. 2023 was 円0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nippon Prologis REIT's Days Inventory for the six months ended in Nov. 2023 was 0.00.

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. Nippon Prologis REIT's Inventory-to-Revenue for the quarter that ended in Nov. 2023 was 0.00.


Nippon Prologis REIT Inventory Turnover Historical Data

The historical data trend for Nippon Prologis REIT's Inventory Turnover 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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Nippon Prologis REIT Inventory Turnover Chart

Nippon Prologis REIT Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov23
Inventory Turnover
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Nippon Prologis REIT Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 May23 Nov23
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Nippon Prologis REIT Inventory Turnover Calculation

Nippon Prologis REIT's Inventory Turnover for the fiscal year that ended in Nov. 2023 is calculated as

Inventory Turnover (A: Nov. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Nov. 2023 ) / ((Total Inventories (A: Nov. 2021 ) + Total Inventories (A: Nov. 2023 )) / count )
=28268.885 / ((0 + 0) / 1 )
=28268.885 / 0
=N/A

Nippon Prologis REIT's Inventory Turnover for the quarter that ended in Nov. 2023 is calculated as

Inventory Turnover (Q: Nov. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Nov. 2023 ) / ((Total Inventories (Q: May. 2023 ) + Total Inventories (Q: Nov. 2023 )) / count )
=14350.74 / ((0 + 0) / 1 )
=14350.74 / 0
=N/A

* 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.


Nippon Prologis REIT  (TSE:3283) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Nippon Prologis REIT's Days Inventory for the six months ended in Nov. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Nov. 2023 )/Cost of Goods Sold (Q: Nov. 2023 )*Days in Period
=0/14350.74*365 / 2
=0.00

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.

Nippon Prologis REIT's Inventory to Revenue for the quarter that ended in Nov. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Nov. 2023 ) / Revenue (Q: Nov. 2023 )
=0 / 30598.652
=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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Nippon Prologis REIT Inventory Turnover Related Terms

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Nippon Prologis REIT (TSE:3283) Business Description

Traded in Other Exchanges
N/A
Address
Tokyo Building 21F, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6421
Nippon Prologis REIT Inc is a Japanese real estate investment trust primarily involved in owning, operating, and developing logistics facilities in Japan's major urban markets. The company's real estate portfolio is comprised mainly of large, multitenant warehouse facilities located near transportation hubs and population clusters. Nippon Prologis also operates a sizable number of build-to-suit facilities with similar physical specifications to its other buildings. The majority of the company's properties are located in the Greater Tokyo area, while a significant percentage are located in the Greater Osaka area as well. Nippon Prologis derives nearly all of its income from rental revenue. Its customers include a variety of logistics, distribution, transportation, and industrial companies.

Nippon Prologis REIT (TSE:3283) Headlines

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