The historical rank and industry rank for Renovare Environmental's Days Inventory or its related term are showing as below:
RENO's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 119.44 * Ranked among companies with meaningful Days Inventory only.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Renovare Environmental's Inventory Turnover for the
three
months ended in Mar. 2022 was 2.11.
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.
Renovare Environmental's Inventory-to-Revenue for the
three
months ended in Mar. 2022 was 0.43.
Renovare Environmental (OTCPK:RENO) 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.
Renovare Environmental's Inventory Turnover for the
three
months ended in Mar. 2022 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.
Renovare Environmental's Inventory to Revenue for the
three
months ended in Mar. 2022 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.
Renovare Environmental Days Inventory Related Terms
Renovare Environmental Days Inventory Historical Data
* Premium members only.
The historical data trend for Renovare Environmental'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.
RENO vs PCTL, QWTR, TEGY: Days Inventory Comparison
For the Pollution & Treatment Controls subindustry, Renovare Environmental'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.
Renovare Environmental Days Inventory vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Renovare Environmental's Days Inventory distribution charts can be found below:
* The bar in red indicates where Renovare Environmental's Days Inventory falls into.
* 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.
Renovare Environmental (RENO) has a Days Inventory of 43.32 as of Mar. 2022. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Renovare Environmental and its competitors.
Is Renovare Environmental's Days Inventory too high?
Renovare Environmental's current Days Inventory is 43.32. The Industrial Products industry median Days Inventory is 119.44. Renovare Environmental's value of 43.32 is 63.7% below this industry median. Overall, Renovare Environmental has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Renovare Environmental's Days Inventory compare to PCTL and QWTR?
Renovare Environmental's Days Inventory of 43.32 can be compared against companies in the Industrial Products industry. The industry median Days Inventory is 119.44. Renovare Environmental's value of 43.32 is 63.7% 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 119.44, based on 2,962 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. Renovare Environmental's current Days Inventory of 43.32 is 63.7% 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 Renovare Environmental and its competitors. For the Industrial Products industry, the median Days Inventory is 119.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Renovare Environmental's current Days Inventory is 43.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renovare Environmental stock overvalued right now?
Renovare Environmental (RENO) has a current Days Inventory of 43.32. The current Days Inventory is 43.32 and 63.7% below the Industrial Products industry median of 119.44. Renovare Environmental's overall GF Score™ is 12/100. 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 Renovare Environmental (RENO), the current Days Inventory is 43.32 as of Mar. 2022. 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.
Renovare Environmental Inc is a technology services company focused on providing cost-effective solutions that improve environmental outcomes. It provides a cost-effective path to ecological sustainability for private and public organizations. The company solutions include Food Digesters and Cloud-based Analytics.
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