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Resource Development Group (ASX:RDG) Days Inventory : 101.52 (As of Dec. 2024)


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What is Resource Development Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Resource Development Group's Average Total Inventories for the six months ended in Dec. 2024 was A$10.6 Mil. Resource Development Group's Cost of Goods Sold for the six months ended in Dec. 2024 was A$19.0 Mil. Hence, Resource Development Group's Days Inventory for the six months ended in Dec. 2024 was 101.52.

The historical rank and industry rank for Resource Development Group's Days Inventory or its related term are showing as below:

ASX:RDG' s Days Inventory Range Over the Past 10 Years
Min: 4.33   Med: 27.27   Max: 104.55
Current: 67.14

During the past 13 years, Resource Development Group's highest Days Inventory was 104.55. The lowest was 4.33. And the median was 27.27.

ASX:RDG's Days Inventory is ranked worse than
57.52% of 1457 companies
in the Construction industry
Industry Median: 48.98 vs ASX:RDG: 67.14

Resource Development Group's Days Inventory increased from Dec. 2023 (78.59) to Dec. 2024 (101.52). It might indicate that Resource Development Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Resource Development Group's Inventory Turnover for the six months ended in Dec. 2024 was 1.80.

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. Resource Development Group's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.19.


Resource Development Group Days Inventory Historical Data

The historical data trend for Resource Development Group's Days 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.

* Premium members only.

Resource Development Group Days Inventory Chart

Resource Development Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.28 4.33 12.54 104.55 58.89

Resource Development Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 62.34 122.85 78.59 47.25 101.52

Competitive Comparison of Resource Development Group's Days Inventory

For the Engineering & Construction subindustry, Resource Development Group's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Resource Development Group's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Resource Development Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Resource Development Group's Days Inventory falls into.


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Resource Development Group Days Inventory Calculation

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

Resource Development Group's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

Days Inventory (A: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (7.845 + 9.464) / 2 ) / 53.644*365
=8.6545 / 53.644*365
=58.89

Resource Development Group's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (9.464 + 11.651) / 2 ) / 18.979*365 / 2
=10.5575 / 18.979*365 / 2
=101.52

* 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.


Resource Development Group  (ASX:RDG) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Resource Development Group's Inventory Turnover for the six months ended in Dec. 2024 is calculated as

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.

Resource Development Group's Inventory to Revenue for the six months ended in Dec. 2024 is calculated as

* 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Resource Development Group Days Inventory Related Terms

Thank you for viewing the detailed overview of Resource Development Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Resource Development Group Business Description

Traded in Other Exchanges
N/A
Address
Level 3, 14 Walters Drive, Osborne Park, Perth, WA, AUS, 6017
Resource Development Group Ltd provides contracting, remedial and construction services to the mining and oil and gas sectors within Australia as well as residential building and development. Its business division includes the Construction segment generating, a majority of the firm's revenue, Mining Segment and Others The company provides multi-disciplinary construction services; ancillary, remedial, and protective maintenance services; EPCM, PMC, or integrated team project delivery solutions; EPC project delivery solutions; design and construct package delivery solutions, and optimizing services. It also provides services to the resource, infrastructure, energy, government, utilities and defence sectors within Australia.

Resource Development Group Headlines

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