Red Star Express (NSA:RSE) Days Inventory : 0.00 (As of . 20)

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What is Red Star Express Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Red Star Express's Average Total Inventories for the three months ended in . 20 was ₦0.00 Mil. Red Star Express's Cost of Goods Sold for the three months ended in . 20 was ₦0.00 Mil.

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

NSA:RSE's Days Inventory is not ranked ^*
in the Transportation industry.
Industry Median: 11.42
* Ranked among companies with meaningful Days Inventory only.

Red Star Express's Days Inventory stayed the same from . 20 (0.00) to . 20 (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.

Red Star Express Days Inventory Historical Data

The historical data trend for Red Star Express'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.

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Red Star Express Days Inventory Chart

Red Star Express Annual Data

Trend

Days Inventory

Red Star Express Quarterly Data

Days Inventory

Competitive Comparison of Red Star Express's Days Inventory

For the Integrated Freight & Logistics subindustry, Red Star Express'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.

Red Star Express's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Red Star Express's Days Inventory distribution charts can be found below:

* The bar in red indicates where Red Star Express's Days Inventory falls into.

Red Star Express Days Inventory Calculation

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

Red Star Express's Days Inventory for the fiscal year that ended in . 20 is calculated as

	Days Inventory (A: . 20 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: . 20 )	+	Total Inventories (A: . 20 ))	/	count )	/	Cost of Goods Sold (A: . 20 )	*	Days in Period
=	( (	+	)	/	1 )	/		*	365
=	0					/		*	365
=	N/A

Red Star Express's Days Inventory for the quarter that ended in . 20 is calculated as:

	Days Inventory (Q: . 20 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: . 20 )	+	Total Inventories (Q: . 20 ))	/	count )	/	Cost of Goods Sold (Q: . 20 )	*	Days in Period
=	( (	+	)	/	1 )	/		*	365 / 4
=	0					/		*	365 / 4
=	N/A

Red Star Express (NSA:RSE) 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.

Red Star Express's Inventory Turnover for the three months ended in . 20 is calculated as

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

Red Star Express's Inventory to Revenue for the three months ended in . 20 is calculated as

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

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.

Red Star Express Days Inventory Related Terms

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

Red Star Express (NSA:RSE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Red Star Express PLC (NSA:RSE) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

70, International Airport Road, Lagos, NGA

Website

http://www.redstarexpress-ng.com

Red Star Express PLC provides a portfolio of full logistic solutions. The company's solutions include international and domestic express delivery, freight forwarding, integrated logistics solutions, information and document management solutions, warehousing and e-commerce solutions.

Red Star Express (NSA:RSE) Headlines

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