Reitmans (Canada) (Reitmans (Canada)) Change In Inventory : $15.0 Mil (TTM As of Jan. 2024)

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What is Reitmans (Canada) Change In Inventory?

Reitmans (Canada)'s change in inventory for the quarter that ended in Jan. 2024 was $19.3 Mil. It means Reitmans (Canada)'s inventory declined by $19.3 Mil from Oct. 2023 to Jan. 2024 .

Reitmans (Canada)'s change in inventory for the fiscal year that ended in Jan. 2024 was $15.1 Mil. It means Reitmans (Canada)'s inventory declined by $15.1 Mil from Jan. 2023 to Jan. 2024 .

Reitmans (Canada)'s Total Inventories for the quarter that ended in Jan. 2024 was $90.9 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Reitmans (Canada)'s Days Inventory for the quarter that ended in Jan. 2024 was 114.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. Reitmans (Canada)'s Inventory Turnover for the quarter that ended in Jan. 2024 was 0.80.

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. Reitmans (Canada)'s Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.60.

Reitmans (Canada) Change In Inventory Historical Data

The historical data trend for Reitmans (Canada)'s Change In 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.

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Reitmans (Canada) Change In Inventory Chart

Reitmans (Canada) Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Change In Inventory

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-0.47

40.32

-18.10

-17.38

15.11

Reitmans (Canada) Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Inventory	Get a 7-Day Free Trial															12.99	2.41	-7.39	0.66	19.28

Reitmans (Canada) Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $15.0 Mil.

Reitmans (Canada) (OTCPK:RTMAF) Change In Inventory Explanation

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

Reitmans (Canada)'s Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	99.386	/	79.023	*	365 / 4
	=	114.76

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Reitmans (Canada)'s Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	79.023	/	99.386
	=	0.80

3. 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.

Reitmans (Canada)'s Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	99.386	/	164.631
	=	0.60

Reitmans (Canada) Change In Inventory Related Terms

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Reitmans (Canada) (Reitmans (Canada)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Reitmans (Canada) Ltd (OTCPK:RTMAF) » Definitions » Change In Inventory

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Traded in Other Exchanges

RTMNF:USA CX40:Germany RET.A:Canada RET:Canada

Address

155 Wellington Street West, 40th Floor, Toronto, ON, CAN, M5V 3J7

Website

https://www.reitmans.com

Reitmans (Canada) Ltd is an apparel retailer based in Canada. Its main business is the sale of ladies' specialty apparel to consumers. The product offering comprises Tops, Bottoms, Dresses, Coats and Jackets, Blazers, Lingerie and Sleepwear, among others. It also sells accessories such as Scarves, Bags, Belts, Sunglasses and others. The company operates an e-commerce website shopping for all its banners. Some of its revenue sources are from the sale of merchandise, customer loyalty award programs and sale of gift cards. The group offers its products through the retail banners of Reitmans, Penningtons and RW & CO. The Company's operating segments, operate in the women apparel business, in Canada.

Reitmans (Canada) (Reitmans (Canada)) Headlines

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