RAS Technology Holdings (ASX:RTH) Days Inventory : 0.00 (As of Dec. 2024)

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What is RAS Technology Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). RAS Technology Holdings's Average Total Inventories for the six months ended in Dec. 2024 was A$0.00 Mil. RAS Technology Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was A$1.05 Mil. Hence, RAS Technology Holdings's Days Inventory for the six months ended in Dec. 2024 was 0.00.

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

ASX:RTH's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 20.425
* Ranked among companies with meaningful Days Inventory only.

RAS Technology Holdings's Days Inventory stayed the same from Dec. 2023 (0.00) to Dec. 2024 (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. RAS Technology Holdings's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.00.

RAS Technology Holdings Days Inventory Historical Data

The historical data trend for RAS Technology 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.

RAS Technology Holdings Days Inventory Chart

RAS Technology Holdings Annual Data

Trend

Jun22

Jun23

Jun24

Days Inventory

RAS Technology Holdings Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Inventory	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of RAS Technology Holdings's Days Inventory

For the Software - Infrastructure subindustry, RAS Technology 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.

RAS Technology Holdings's Days Inventory Distribution in the Software Industry

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

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

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RAS Technology Holdings Days Inventory Calculation

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

RAS Technology Holdings's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

	Days Inventory (A: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

RAS Technology Holdings's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1.048	*	365 / 2
=	0					/	1.048	*	365 / 2
=	0.00

RAS Technology Holdings (ASX:RTH) 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.

RAS Technology Holdings's Inventory Turnover for the six months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.048	/	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.

RAS Technology Holdings's Inventory to Revenue for the six months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	10.072
	=	0.00

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.

RAS Technology Holdings Days Inventory Related Terms

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

RAS Technology Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » RAS Technology Holdings Ltd (ASX:RTH) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Wentworth Avenue, Unit 4, Mezzanine Level, Kingston, ACT, AUS, 2604

Website

https://racingandsports.company

RAS Technology Holdings Ltd is a provider of fully integrated premium data, enhanced content, SaaS solutions, and digital and media services to the global racing and wagering industries. Geographically the company operates in Australia, the United Kingdom, the United States, and the Rest of the World. The company generates the majority of its revenue from Australia.