Rision (ASX:RNL) Days Inventory: 0.00 (As of Dec. 2019)


What is Rision Days Inventory?

Rision ASX:RNL Days Inventory is 0.00 as of Dec. 2019. The stock has 4 warning signs investors should review.

Days Inventory is also known as Days Sales of Inventory (DSI). Rision's Average Total Inventories for the six months ended in Dec. 2019 was A$0.00 Mil. Rision's Cost of Goods Sold for the six months ended in Dec. 2019 was A$0.00 Mil.

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

During the past 13 years, Rision's highest Days Inventory was 31.01. The lowest was 0.00. And the median was 25.56.

ASX:RNL's Days Inventory is not ranked *
in the Software industry.
Industry Median: 20.09
* Ranked among companies with meaningful Days Inventory only.

Rision's Days Inventory stayed the same from Dec. 2018 (0.00) to Dec. 2019 (0.00).

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

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.

Rision  (ASX:RNL) 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.

Rision's Inventory Turnover for the six months ended in Dec. 2019 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0 / 0
=

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.

Rision's Inventory to Revenue for the six months ended in Dec. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 / 0
=

* 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.

Rision Days Inventory Related Terms

Rision Days Inventory Historical Data

* Premium members only.

The historical data trend for Rision'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.

Rision Days Inventory Chart

Rision Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Rision Semi-Annual Data
Dec09 Jun10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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 0.00 0.00 0.00 0.00 0.00

ASX:RNL vs IGEN, IGMB, MCCX: Days Inventory Comparison

For the Software - Application subindustry, Rision'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.

Rision Days Inventory vs Software Industry

For the Software industry and Technology sector, Rision's Days Inventory distribution charts can be found below:

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


Rision Days Inventory Calculation

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

Rision's Days Inventory for the fiscal year that ended in Jun. 2019 is calculated as

Days Inventory (A: Jun. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2018 ) + Total Inventories (A: Jun. 2019 )) / count ) / Cost of Goods Sold (A: Jun. 2019 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Rision's Days Inventory for the quarter that ended in Dec. 2019 is calculated as:

Days Inventory (Q: Dec. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2019 ) + Total Inventories (Q: Dec. 2019 )) / count ) / Cost of Goods Sold (Q: Dec. 2019 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 2
=0 / 0*365 / 2
=N/A

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 0.00 mean?
Rision (ASX:RNL) has a Days Inventory of 0.00 as of Dec. 2019. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Rision and its competitors.
Is Rision's Days Inventory too high?
Rision's current Days Inventory is 0.00.
How does Rision's Days Inventory compare to IGEN and IGMB?
Rision's Days Inventory of 0.00 can be compared against companies in the Software industry. The industry median Days Inventory is 20.09. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Software company?
The median Days Inventory among Software companies is 20.09, based on 1,648 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Rision and its competitors. For the Software industry, the median Days Inventory is 20.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rision's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rision stock overvalued right now?
Rision (ASX:RNL) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Rision (ASX:RNL), the current Days Inventory is 0.00 as of Dec. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Rision Business Description

Address 44 St Georges Terrace, Level 24, Balwyn, Perth, WA, AUS, 6000
Rision Ltd is an Australia-based cloud-based software as a service (SaaS) provider. It has developed a platform that enables candidates to find and manage their work, and businesses to identify, employ and roster staff, and manage timesheets. It is focused on providing cloud-based human resourcing solutions for organizations that manage contingent workers and their employees. The company's platform is designed for use by job seekers, businesses and their employees, and human resources professionals.