Rectifier Technologies (ASX:RFT) Days Inventory : 1,262.77 (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Rectifier Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rectifier Technologies's Average Total Inventories for the six months ended in Dec. 2023 was A$18.90 Mil. Rectifier Technologies's Cost of Goods Sold for the six months ended in Dec. 2023 was A$2.73 Mil. Hence, Rectifier Technologies's Days Inventory for the six months ended in Dec. 2023 was 1,262.77.

The historical rank and industry rank for Rectifier Technologies's Days Inventory or its related term are showing as below:

ASX:RFT' s Days Inventory Range Over the Past 10 Years
Min: 86.67 Med: 272.82 Max: 581.25
Current: 581.25

During the past 13 years, Rectifier Technologies's highest Days Inventory was 581.25. The lowest was 86.67. And the median was 272.82.

ASX:RFT's Days Inventory is ranked worse than
97.97% of 2907 companies
in the Industrial Products industry
Industry Median: 119.85 vs ASX:RFT: 581.25

Rectifier Technologies's Days Inventory increased from Dec. 2022 (108.89) to Dec. 2023 (1,262.77). It might indicate that Rectifier Technologies's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rectifier Technologies's Inventory Turnover for the six months ended in Dec. 2023 was 0.14.

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. Rectifier Technologies's Inventory-to-Revenue for the six months ended in Dec. 2023 was 2.61.

Rectifier Technologies Days Inventory Historical Data

The historical data trend for Rectifier Technologies'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.

Rectifier Technologies Days Inventory Chart

Rectifier Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

Get a 7-Day Free Trial

192.30

255.73

183.07

86.67

224.09

Rectifier Technologies Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															162.76	94.61	108.89	355.41	1,262.77

Competitive Comparison of Rectifier Technologies's Days Inventory

For the Electrical Equipment & Parts subindustry, Rectifier Technologies'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.

Rectifier Technologies's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rectifier Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Rectifier Technologies's Days Inventory falls into.

Rectifier Technologies Days Inventory Calculation

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

Rectifier Technologies's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0.734	+	18.449)	/	2 )	/	15.623	*	365
=	9.5915					/	15.623	*	365
=	224.09

Rectifier Technologies's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (18.449	+	19.358)	/	2 )	/	2.732	*	365 / 2
=	18.9035					/	2.732	*	365 / 2
=	1,262.77

Rectifier Technologies (ASX:RFT) 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.

Rectifier Technologies's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.732	/	18.9035
	=	0.14

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.

Rectifier Technologies's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	18.9035	/	7.235
	=	2.61

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.

Rectifier Technologies Days Inventory Related Terms

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

Rectifier Technologies (ASX:RFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rectifier Technologies Ltd (ASX:RFT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

97 Highbury Road, Burwood, Melbourne, VIC, AUS, 3125

Website

https://www.rectifiertechnologies.com

Rectifier Technologies Ltd is engaged in designing and manufacturing of power rectifiers and the production of electronic and specialized magnetic components. The company reportable segments are Electronic Components, Industrial Power Supplies (Electricity generation/distribution and Defence), Industrial Power Supplies (Transport and Telecommunication), and Industrial Power Supplies (Electric vehicles). It generates maximum revenue from the Industrial Power Supplies (Electric vehicles) segment. Geographically, it derives a majority of revenue from Australia and also has a presence in Europe; Asia; North America; South America; and Oceania. Its product includes modules; power shelves and chargers and systems.

Rectifier Technologies (ASX:RFT) Headlines

No Headlines