Empire State Realty Trust (Empire State Realty Trust) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Empire State Realty 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. Empire State Realty Trust's Cost of Goods Sold for the three months ended in Mar. 2024 was $88.1 Mil. Empire State Realty Trust's Average Total Inventories for the quarter that ended in Mar. 2024 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Empire State Realty 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. Empire State Realty Trust's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Empire State Realty Trust Inventory Turnover Historical Data

The historical data trend for Empire State Realty 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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Empire State Realty Trust Inventory Turnover Chart

Empire State Realty Trust Annual Data

Trend

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Dec23

Inventory Turnover

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Empire State Realty 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															-	-	-	-	-

Empire State Realty Trust Inventory Turnover Calculation

Empire State Realty 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 )
=	339.016	/ (	(0	+	0)	/	1 )
=	339.016	/	0
=	N/A

Empire State Realty 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 )
=	88.063	/ (	(0	+	0)	/	1 )
=	88.063	/	0
=	N/A

Empire State Realty Trust (NYSE:ESRT) 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.

Empire State Realty 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	/	88.063	*	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.

Empire State Realty 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	/	181.179
	=	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.

Empire State Realty Trust Inventory Turnover Related Terms

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Empire State Realty Trust (Empire State Realty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Empire State Realty Trust Inc (NYSE:ESRT) » Definitions » Inventory Turnover

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Traded in Other Exchanges

ES9:Germany

Address

111 West 33rd Street, 12th Floor, New York, NY, USA, 10120

Website

https://www.empirestaterealtytrust.com

Empire State Realty Trust operates as a pure-play greater New York and Manhattan-focused REIT, featuring its landmark Empire State Building office and observation deck. The company owns and operates around 9.4 million square feet of office space, about 80% of which is located in Manhattan.

Executives

Hannah Y Yang	director	C/O EMPIRE STATE REALTY TRUST, INC., 111 WEST 33RD STREET, 12TH FLOOR, NEW YORK NY 10120
Tassell Christina Van	director	C/O 111 RIVER STREET, HOBOKEN NJ 07030
Stephen Horn	officer: Chief Accounting Officer	255 WEST 94TH STREET, NEW YORK NY 10025
Grant Hill	director	121 ORANGE AVE, SUITE 1500, ORLANDO FL 32801
Robert Paige Hood	director	C/O EMPIRE STATE REALTY TRUST, INC., 111 WEST 33RD STREET, 12TH FLOOR, NEW YORK NY 10120
Christina Chiu	officer: EVP and CFO	C/O EMPIRE STATE REALTY TRUST, INC., 111 WEST 33RD STREET, 12TH FLOOR, NEW YORK NY 10120
Patricia Han	director	600 OFFICE CENTER DRIVE, FORT WASHINGTON PA 19034
David A Karp	director, officer: EVP and CFO	C/O EMPIRE STATE REALTY TRUST, INC., 111 WEST 33RD STREET, NEW YORK NY 10120
Quark Holding Llc	10 percent owner	P.O. BOX 23224 OOREDOO TOWER, DIPLOMATIC AREA STREET, WEST BAY, DOHA S3 S3
Thomas J Derosa	director	C/O WELLTOWER INC., 4500 DORR STREET, TOLEDO OH 43615
Salvatore Michael Giliberto	director	C/O EMPIRE STATE REALTY TRUST, INC., 111 WEST 33RD STREET, 12TH FLOOR, NEW YORK NY 10120
Steven J Gilbert	director	540 MADISON AVE, 40TH FL, NEW YORK NY 10022
Robinson James D Iv	director	130 EAST 59TH STREET, NEW YORK NY 10022
William H Berkman	director	650 MADISON AVE, 25TH FL, NEW YORK NY 10022
Leslie D. Biddle	director	111 WEST 33RD STREET 12TH FLOOR, NEW YORK NY 10120