Days Inventory is also known as Days Sales of Inventory (DSI). RTX AS's Average Total Inventories for the
three
months ended in Jun. 2024 was €12.77 Mil. RTX AS's Cost of Goods Sold for the
three
months ended in Jun. 2024 was €9.24 Mil.
Hence, RTX AS's Days Inventory for the
three
months ended in Jun. 2024 was 126.08.
The historical rank and industry rank for RTX AS's Days Inventory or its related term are showing as below:
FRA:RTE'
s Days Inventory Range Over the Past 10 Years
Min: 30.99 Med: 44.21 Max: 128.7
Current: 128.7
During the past 13 years, RTX AS's highest Days Inventory was 128.70. The lowest was 30.99. And the median was 44.21.
FRA:RTE's Days Inventory is ranked worse than 63.08% of 2400
companies
in the Hardware industry
Industry Median: 100.15
vs FRA:RTE: 128.70
RTX AS's Days Inventory
increased
from Jun. 2023 (124.48) to Jun. 2024 (126.08).
It might indicate that RTX AS's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
RTX AS's Inventory Turnover for the
three
months ended in Jun. 2024 was 0.72.
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.
RTX AS's Inventory-to-Revenue for the
three
months ended in Jun. 2024 was 0.67.
RTX AS Days Inventory Historical Data
The historical data trend for RTX AS'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.
For the Communication Equipment subindustry, RTX AS'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.
RTX AS's Days Inventory Distribution in the Hardware Industry
For the Hardware industry and Technology sector, RTX AS's Days Inventory distribution charts can be found below:
* The bar in red indicates where RTX AS's Days Inventory falls into.
RTX AS Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
RTX AS's Days Inventory for the fiscal year that ended in Sep. 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.
RTX AS (FRA:RTE) 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.
RTX AS's Inventory Turnover for the
three
months ended in Jun. 2024 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.
RTX AS's Inventory to Revenue for the
three
months ended in Jun. 2024 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.
RTX AS Days Inventory Related Terms
Thank you for viewing the detailed overview of RTX AS's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
RTX A/S is engaged in the design, development, and production of wireless communication solutions rooted in a combination of software and hardware. RTX delivers turnkey solutions to globally recognized B2B customers. Its operating segment includes Enterprise, ProAudio and Healthcare. In Enterprise, the company designs, develop and supplies wireless IP telephony products and sub-systems. In ProAudio, it designs, develops, and manufactures wireless audio solutions. In Healthcare, the company builds wireless technology into modern healthcare services, providing patient monitoring solutions and wireless communication infrastructure for high-tech medical devices. Geographically, RTX A/S has a presence in Denmark; the USA; Hong Kong; France, Germany, and other countries.
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