Hoshino Resorts REIT (TSE:3287) Inventory Turnover : 0.00 (As of Apr. 2023)

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What is Hoshino Resorts 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. Hoshino Resorts REIT's Cost of Goods Sold for the six months ended in Apr. 2023 was 円2,959 Mil. Hoshino Resorts REIT's Average Total Inventories for the quarter that ended in Apr. 2023 was 円0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hoshino Resorts REIT's Days Inventory for the six months ended in Apr. 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. Hoshino Resorts REIT's Inventory-to-Revenue for the quarter that ended in Apr. 2023 was 0.00.

Hoshino Resorts REIT Inventory Turnover Historical Data

The historical data trend for Hoshino Resorts 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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Hoshino Resorts REIT Inventory Turnover Chart

Hoshino Resorts REIT Annual Data

Trend

Oct13

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Oct22

Inventory Turnover

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Hoshino Resorts REIT Semi-Annual Data
	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Hoshino Resorts REIT Inventory Turnover Calculation

Hoshino Resorts REIT's Inventory Turnover for the fiscal year that ended in Oct. 2022 is calculated as

	Inventory Turnover (A: Oct. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Oct. 2022 )	/ (	(Total Inventories (A: Oct. 2021 )	+	Total Inventories (A: Oct. 2022 ))	/	count )
=	5396.53	/ (	(0	+	0)	/	1 )
=	5396.53	/	0
=	N/A

Hoshino Resorts REIT's Inventory Turnover for the quarter that ended in Apr. 2023 is calculated as

	Inventory Turnover (Q: Apr. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Apr. 2023 )	/ (	(Total Inventories (Q: Oct. 2022 )	+	Total Inventories (Q: Apr. 2023 ))	/	count )
=	2958.606	/ (	(0	+	0)	/	1 )
=	2958.606	/	0
=	N/A

Hoshino Resorts REIT (TSE:3287) 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.

Hoshino Resorts REIT's Days Inventory for the six months ended in Apr. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Apr. 2023 )	/	Cost of Goods Sold (Q: Apr. 2023 )	*	Days in Period
	=	0	/	2958.606	*	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.

Hoshino Resorts REIT's Inventory to Revenue for the quarter that ended in Apr. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Apr. 2023 )	/	Revenue (Q: Apr. 2023 )
	=	0	/	6266.299
	=	0.00

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.

Hoshino Resorts REIT Inventory Turnover Related Terms

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Hoshino Resorts REIT (TSE:3287) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Hoshino Resorts REIT Inc (TSE:3287) » Definitions » Inventory Turnover

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Address

2-14-4 Hattsuchoubori, Chuo-Ku, Tokyo, JPN, 104-0032

Website

http://www.hoshinoresort.com

Hoshino Resorts REIT Inc is a closed-end real estate investment trust company. It aims to achieve stable earnings and sustainable growth of its investment assets, by investing in hotels, Japanese-Style Inns, and related facilities.

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