RedFlow (FRA:2RF) Days Inventory: 77.53 (As of Dec. 2023)


FRA:2RF RedFlow Ltd FRA:2RF
29 GF Score
Price €0.05
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What is RedFlow Days Inventory?

RedFlow FRA:2RF 29 Days Inventory is 77.53 as of Dec. 2023. GuruFocus rates FRA:2RF with a GF Score™ of 29/100.

Days Inventory is also known as Days Sales of Inventory (DSI). RedFlow's Average Total Inventories for the six months ended in Dec. 2023 was €1.86 Mil. RedFlow's Cost of Goods Sold for the six months ended in Dec. 2023 was €4.38 Mil. Hence, RedFlow's Days Inventory for the six months ended in Dec. 2023 was 77.53.

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

FRA:2RF's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 119.47
* Ranked among companies with meaningful Days Inventory only.

RedFlow's Days Inventory declined from Dec. 2022 (259.85) to Dec. 2023 (77.53).

Inventory Turnover measures how fast the company turns over its inventory within a year. RedFlow's Inventory Turnover for the six months ended in Dec. 2023 was 2.35.

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. RedFlow's Inventory-to-Revenue for the six months ended in Dec. 2023 was 47.65.


RedFlow  (FRA:2RF) 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.

RedFlow's Inventory Turnover for the six months ended in Dec. 2023 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.

RedFlow's Inventory to Revenue for the six months ended in Dec. 2023 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.


RedFlow Days Inventory Related Terms


RedFlow Days Inventory Historical Data

* Premium members only.

The historical data trend for RedFlow'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.

RedFlow Days Inventory Chart

RedFlow Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 647.54 444.90 311.72 271.83 188.00

RedFlow Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 270.25 260.32 259.85 148.96 77.53

FRA:2RF vs JFTH, SPEC, VRT: Days Inventory Comparison

For the Electrical Equipment & Parts subindustry, RedFlow'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.


RedFlow Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, RedFlow's Days Inventory distribution charts can be found below:

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


FRA:2RF
29GF Score
RedFlow Ltd FRA:2RF
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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RedFlow Days Inventory Calculation

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

RedFlow's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (2.41 + 1.695) / 2 ) / 3.985*365
=2.0525 / 3.985*365
=188.00

RedFlow's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1.695 + 2.022) / 2 ) / 4.375*365 / 2
=1.8585 / 4.375*365 / 2
=77.53

* 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 77.53 mean?
RedFlow (FRA:2RF) has a Days Inventory of 77.53 as of Dec. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on RedFlow and its competitors.
Is RedFlow's Days Inventory too high?
RedFlow's current Days Inventory is 77.53. The Industrial Products industry median Days Inventory is 119.47. RedFlow's value of 77.53 is 35.1% below this industry median. Overall, RedFlow has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does RedFlow's Days Inventory compare to JFTH and SPEC?
RedFlow's Days Inventory of 77.53 can be compared against companies in the Industrial Products industry. The industry median Days Inventory is 119.47. RedFlow's value of 77.53 is 35.1% below this benchmark. 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 an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.47, based on 2,968 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. RedFlow's current Days Inventory of 77.53 is 35.1% below the industry median. 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 RedFlow and its competitors. For the Industrial Products industry, the median Days Inventory is 119.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RedFlow's current Days Inventory is 77.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RedFlow stock overvalued right now?
RedFlow (FRA:2RF) has a current Days Inventory of 77.53. The current Days Inventory is 77.53 and 35.1% below the Industrial Products industry median of 119.47. RedFlow's overall GF Score™ is 29/100. 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 RedFlow (FRA:2RF), the current Days Inventory is 77.53 as of Dec. 2023. 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.

RedFlow Business Description

Address 1/27 Counihan Road, Seventeen Mile Rocks, Brisbane, QLD, AUS, 4073
RedFlow Ltd consists of the development, manufacture, and sale of its bromine flowing electrolyte battery module (ZBM). The company's batteries provide sustainable energy storage solutions for various applications, including telecommunications, renewables integration, on and off-grid remote power, microgrids and smart grids, and transmission and distribution deferral. Redflow batteries are designed for high cycle-rate, long time-base stationary energy storage applications in the residential, commercial and industrial, and telecommunications sectors, and are scalable from a single battery installation through to grid-scale deployments.
29GF Score

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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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