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Redflex Holdings (Redflex Holdings) Days Inventory : 36.05 (As of Dec. 2020)


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What is Redflex Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Redflex Holdings's Average Total Inventories for the six months ended in Dec. 2020 was $4.70 Mil. Redflex Holdings's Cost of Goods Sold for the six months ended in Dec. 2020 was $23.80 Mil. Hence, Redflex Holdings's Days Inventory for the six months ended in Dec. 2020 was 36.05.

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

RFLXY' s Days Inventory Range Over the Past 10 Years
Min: 34.16   Med: 108.47   Max: 153.23
Current: 107.3

During the past 13 years, Redflex Holdings's highest Days Inventory was 153.23. The lowest was 34.16. And the median was 108.47.

RFLXY's Days Inventory is not ranked
in the Business Services industry.
Industry Median: 29.11 vs RFLXY: 107.30

Redflex Holdings's Days Inventory declined from Dec. 2019 (39.97) to Dec. 2020 (36.05).

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. Redflex Holdings's Inventory Turnover for the six months ended in Dec. 2020 was 5.06.

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. Redflex Holdings's Inventory-to-Revenue for the six months ended in Dec. 2020 was 0.12.


Redflex Holdings Days Inventory Historical Data

The historical data trend for Redflex Holdings'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.

Redflex Holdings Days Inventory Chart

Redflex Holdings Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.66 50.03 42.63 35.45 119.53

Redflex Holdings Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20
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 34.64 32.73 39.97 - 36.05

Competitive Comparison of Redflex Holdings's Days Inventory

For the Security & Protection Services subindustry, Redflex Holdings'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.


Redflex Holdings's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Redflex Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Redflex Holdings's Days Inventory falls into.



Redflex Holdings Days Inventory Calculation

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

Redflex Holdings's Days Inventory for the fiscal year that ended in Jun. 2020 is calculated as

Days Inventory (A: Jun. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2019 ) + Total Inventories (A: Jun. 2020 )) / count ) / Cost of Goods Sold (A: Jun. 2020 )*Days in Period
=( (4.448 + 3.885) / 2 ) / 12.723*365
=4.1665 / 12.723*365
=119.53

Redflex Holdings's Days Inventory for the quarter that ended in Dec. 2020 is calculated as:

Days Inventory (Q: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2020 ) + Total Inventories (Q: Dec. 2020 )) / count ) / Cost of Goods Sold (Q: Dec. 2020 )*Days in Period
=( (3.885 + 5.517) / 2 ) / 23.801*365 / 2
=4.701 / 23.801*365 / 2
=36.05

* 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.


Redflex Holdings  (OTCPK:RFLXY) 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.

Redflex Holdings's Inventory Turnover for the six months ended in Dec. 2020 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.

Redflex Holdings's Inventory to Revenue for the six months ended in Dec. 2020 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.


Redflex Holdings Days Inventory Related Terms

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


Redflex Holdings (Redflex Holdings) Business Description

Traded in Other Exchanges
N/A
Address
31 Market Street, South Melbourne, Melbourne, VIC, AUS, 3205
Redflex Holdings Ltd designs and manufactures solutions for road congestion and safety, effective flow of traffic, ticketless parking systems, video surveillance, and back-office solutions. The company's geographical segments include the Americas and Australia/International. It generates maximum revenue from the Americas segment. The America's traffic business is predominantly a Build Own Operate and Maintain (BOOM) business providing fully outsourced traffic enforcement programs. Its Australia/International traffic business involves the sale of traffic enforcement products.

Redflex Holdings (Redflex Holdings) Headlines

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