Rank Group (The) (Rank Group (The)) Change In Inventory : $0.3 Mil (TTM As of Jun. 2023)

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What is Rank Group (The) Change In Inventory?

Rank Group (The)'s change in inventory for the quarter that ended in Jun. 2023 was $0.6 Mil. It means Rank Group (The)'s inventory declined by $0.6 Mil from Dec. 2022 to Jun. 2023 .

Rank Group (The)'s change in inventory for the fiscal year that ended in Jun. 2023 was $0.3 Mil. It means Rank Group (The)'s inventory declined by $0.3 Mil from Jun. 2022 to Jun. 2023 .

Rank Group (The)'s Total Inventories for the quarter that ended in Jun. 2023 was $2.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rank Group (The)'s Days Inventory for the quarter that ended in Jun. 2023 was 2.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rank Group (The)'s Inventory Turnover for the quarter that ended in Jun. 2023 was 90.53.

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. Rank Group (The)'s Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.01.

Rank Group (The) Change In Inventory Historical Data

The historical data trend for Rank Group (The)'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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Rank Group (The) Change In Inventory Chart

Rank Group (The) Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Inventory

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-0.25

0.88

-0.14

-0.37

0.25

Rank Group (The) Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Change In Inventory	Get a 7-Day Free Trial															-	-0.53	0.12	-0.37	0.63

Rank Group (The) 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.3 Mil.

Rank Group (The) (OTCPK:RANKF) Change In Inventory Explanation

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

Rank Group (The)'s Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	3.0335	/	274.621	*	365 / 2
	=	2.02

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

Rank Group (The)'s Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	274.621	/	3.0335
	=	90.53

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.

Rank Group (The)'s Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.0335	/	433.081
	=	0.01

Rank Group (The) Change In Inventory Related Terms

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Rank Group (The) (Rank Group (The)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Rank Group (The) PLC (OTCPK:RANKF) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

RNKl:UK RNK:UK RNKA:Germany

Address

TOR, Saint-Cloud Way, Maidenhead, GBR, SL6 8BN

Website

https://www.rank.com

Rank Group (The) PLC is a gambling company with five primary business segments: Grosvenor Venues, Mecca Venues, Digital, Enracha Venues, and Central Costs. Its largest revenue producer is Grosvenor Casinos, a multichannel casino operator in the United Kingdom, which operates a variety of casino and slot machine games. Mecca is a multichannel bingo chain that also operates in the U.K. Enracha is the company's gaming business, which operates in the Spanish market. Rank's digital business segment offers online sports betting and online poker. The company generates most of its revenue in the United Kingdom.