Response Plus Holding (ADX:RPM) Change In Inventory : د.إ-3.1 Mil (TTM As of Dec. 2023)

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What is Response Plus Holding Change In Inventory?

Response Plus Holding's change in inventory for the quarter that ended in Dec. 2023 was د.إ-2.5 Mil. It means Response Plus Holding's inventory increased by د.إ2.5 Mil from Jun. 2023 to Dec. 2023 .

Response Plus Holding's change in inventory for the fiscal year that ended in Dec. 2023 was د.إ-3.1 Mil. It means Response Plus Holding's inventory increased by د.إ3.1 Mil from Dec. 2022 to Dec. 2023 .

Response Plus Holding's Total Inventories for the quarter that ended in Dec. 2023 was د.إ9.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Response Plus Holding's Days Inventory for the quarter that ended in Dec. 2023 was 51.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. Response Plus Holding's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.51.

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. Response Plus Holding's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.

Response Plus Holding Change In Inventory Historical Data

The historical data trend for Response Plus Holding'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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Response Plus Holding Change In Inventory Chart

Response Plus Holding Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Inventory

0.16

-0.94

-1.69

-3.08

Response Plus Holding Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial			0.53	0.76	-2.44	-0.59	-2.50

Response Plus Holding 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was د.إ-3.1 Mil.

Response Plus Holding (ADX:RPM) Change In Inventory Explanation

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

Response Plus Holding's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	8.59	/	30.187	*	365 / 2
	=	51.93

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

Response Plus Holding's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	30.187	/	8.59
	=	3.51

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.

Response Plus Holding's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	8.59	/	176.827
	=	0.05

Response Plus Holding Change In Inventory Related Terms

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Response Plus Holding (ADX:RPM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Response Plus Holding (ADX:RPM) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Burjeel Medical City, MBZ City, P.O. Box 130336, Zone D, 3rd Floor, Abu Dhabi, ARE

Website

https://rpm.ae

Response Plus Holding is engaged in the supply of manpower and medical equipment and the management of hospitals, clinics, and medical centers. The company's business activities are; healthcare services, investment in the healthcare-related business, investing in real estate and movables necessary for carrying out its activities, and management of affiliated companies. Geographically, it operates in the following markets; United Arab Emirates, Kingdom of Saudi Arabia, and Sultanate of Oman. Out of which a majority of its revenue comes from the United Arab Emirates market.