Reece (ASX:REH) Change In Inventory : A$0 Mil (TTM As of Dec. 2023)

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What is Reece Change In Inventory?

Reece's change in inventory for the quarter that ended in Dec. 2023 was A$0 Mil. It means Reece's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Reece's change in inventory for the fiscal year that ended in Jun. 2023 was A$0 Mil. It means Reece's inventory stayed the same from Jun. 2022 to Jun. 2023 .

Reece's Total Inventories for the quarter that ended in Dec. 2023 was A$1,441 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Reece's Days Inventory for the quarter that ended in Dec. 2023 was 83.28.

Inventory Turnover measures how fast the company turns over its inventory within a year. Reece's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.19.

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. Reece's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.32.

Reece Change In Inventory Historical Data

The historical data trend for Reece'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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Reece Change In Inventory Chart

Reece Annual Data

Trend

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Change In Inventory

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Reece Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Reece 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 A$0 Mil.

Reece (ASX:REH) Change In Inventory Explanation

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

Reece's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1473.1195	/	3228.275	*	365 / 2
	=	83.28

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3228.275	/	1473.1195
	=	2.19

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1473.1195	/	4537.273
	=	0.32

Reece Change In Inventory Related Terms

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Reece (ASX:REH) Business Description

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Address

Private Bag 109, Burwood, Sydney, VIC, AUS, 3125

Website

https://www.reecegroup.com.au

Reece is an Australian distributor of plumbing supplies and bathroom products, with businesses in Australia, New Zealand, and the United States. Reece Australia holds Australia's largest range of individual plumbing stock-keeping units, supporting plumbing needs for general plumbing, bathrooms, kitchens, heating and air conditioning, irrigation, pools, commercial and government projects, and fire services.In the Australia and New Zealand markets, Reece's professional, or trade, customers are mostly small to medium plumbing businesses working in the areas of residential repairs, renovations, or new home builds.The U.S. business principally serves plumbers working on commercial and residential construction projects and has a network of almost 250 stores in the southern Sun Belt states.

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