PRO Real Estate Investment Trust (TSX:PRV.UN) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is PRO Real Estate Investment Trust 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. PRO Real Estate Investment Trust's Cost of Goods Sold for the three months ended in Mar. 2024 was C$10.9 Mil. PRO Real Estate Investment Trust's Average Total Inventories for the quarter that ended in Mar. 2024 was C$0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PRO Real Estate Investment Trust's Days Inventory for the three months ended in Mar. 2024 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. PRO Real Estate Investment Trust's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

PRO Real Estate Investment Trust Inventory Turnover Historical Data

The historical data trend for PRO Real Estate Investment Trust'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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PRO Real Estate Investment Trust Inventory Turnover Chart

PRO Real Estate Investment Trust Annual Data

Trend

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Dec23

Inventory Turnover

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PRO Real Estate Investment Trust Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

PRO Real Estate Investment Trust Inventory Turnover Calculation

PRO Real Estate Investment Trust's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	41.952	/ (	(0	+	0)	/	1 )
=	41.952	/	0
=	N/A

PRO Real Estate Investment Trust's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	10.88	/ (	(0	+	0)	/	1 )
=	10.88	/	0
=	N/A

PRO Real Estate Investment Trust (TSX:PRV.UN) 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.

PRO Real Estate Investment Trust's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0	/	10.88	*	365 / 4
	=	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.

PRO Real Estate Investment Trust's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0	/	25.702
	=	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.

PRO Real Estate Investment Trust Inventory Turnover Related Terms

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PRO Real Estate Investment Trust (TSX:PRV.UN) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » PRO Real Estate Investment Trust (TSX:PRV.UN) » Definitions » Inventory Turnover

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PRVFF:USA

Address

2000 Mansfield Street, Suite 1000, Montreal, QC, CAN, H3A 2Z7

Website

https://www.proreit.com

PRO Real Estate Investment Trust is an open-ended real estate investment trust. The REIT's segments include three classifications of investment properties - Retail, Office, and Industrial. All of the REIT's activities are located in one geographical segment, which is Canada. Its objective is to maintain a combination of short, medium, and long-term debt maturities that are appropriate for the overall debt level of its portfolio, considering the availability of financing and market conditions, and the financial characteristics of each property. It derives key revenue from the Industrial segment.

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