RE/MAX Holdings (RE/MAX Holdings) Inventory Turnover : 0.00 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is RE/MAX Holdings 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. RE/MAX Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $20.6 Mil. RE/MAX Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. RE/MAX Holdings's Days Inventory for the three months ended in Dec. 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. RE/MAX Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

RE/MAX Holdings Inventory Turnover Historical Data

The historical data trend for RE/MAX Holdings'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.

* Premium members only.

RE/MAX Holdings Inventory Turnover Chart

RE/MAX Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

RE/MAX Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

RE/MAX Holdings Inventory Turnover Calculation

RE/MAX Holdings'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 )
=	83.861	/ (	(0	+	0)	/	1 )
=	83.861	/	0
=	N/A

RE/MAX Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	20.589	/ (	(0	+	0)	/	1 )
=	20.589	/	0
=	N/A

RE/MAX Holdings (NYSE:RMAX) 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.

RE/MAX Holdings's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0	/	20.589	*	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.

RE/MAX Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0	/	76.6
	=	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.

RE/MAX Holdings Inventory Turnover Related Terms

Thank you for viewing the detailed overview of RE/MAX Holdings's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

RE/MAX Holdings (RE/MAX Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » RE/MAX Holdings Inc (NYSE:RMAX) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

2RM:Germany

Address

5075 South Syracuse Street, Denver, CO, USA, 80237

Website

https://www.remax.com

RE/MAX Holdings Inc operates as a franchisor of real estate brokerage services. It recruits and retains agents and sells franchises. The company's operating segments include Real Estate, Mortgage, Marketing Funds, and Other. It generates maximum revenue from the Real Estate segment.

Executives

Magnolia Capital Fund, Lp	10 percent owner	1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Leah R Jenkins	officer: VP, Chief Accounting Officer	5075 S. SYRACUSE ST., DENVER CO 80237
Kathleen J Cunningham	director	5075 S. SYRACUSE ST., DENVER CO 80237
Norman K. Jenkins	director	9211 GLADYS FARM WAY, GAITHERSBURG MD 20882
Adam W Grosshans	officer: VP, Chief Accounting Officer	5075 S SYRACUSE ST, DENVER CO 80218
Katherine Lee Scherping	director	6312 SOUTH FIDDLERS GREEN CIRCLE, SUITE 200 NORTH, GREENWOOD VILLAGE CO 80111
Ronald E. Harrison	director	5075 S. SYRACUSE ST., DENVER CO 80237
William Grady Ligon	officer: Chief Information Officer	5075 S. SYRACUSE ST., DENVER CO 80237
Susan L Winders	officer: Vice President General Counsel	5075 S. SYRACUSE ST., DENVER CO 80237
Adam K Peterson	10 percent owner	1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Magnolia Group, Llc	10 percent owner	1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Annita M Menogan	director	5075 S. SYRACUSE ST., DENVER CO 80237
Brett A Ritchie	officer: VP, Chief Accounting Officer	5075 S. SYRACUSE ST., DENVER CO 80237
Daniel J. Predovich	director	5075 S. SYRACUSE ST., DENVER CO 80237
Laura G. Kelly	director	PO BOX 807, 663 HIGHWAY 60, MONETT MO 65708