RMCO (Royalty Management Holding) Days Inventory : 0.00 (As of Sep. 2024)

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What is Royalty Management Holding Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Royalty Management Holding's Average Total Inventories for the three months ended in Sep. 2024 was $0.00 Mil. Royalty Management Holding's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.01 Mil. Hence, Royalty Management Holding's Days Inventory for the three months ended in Sep. 2024 was 0.00.

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

RMCO's Days Inventory is not ranked ^*
in the Asset Management industry.
Industry Median: 78.21
* Ranked among companies with meaningful Days Inventory only.

Royalty Management Holding's Days Inventory stayed the same from Sep. 2023 (0.00) to Sep. 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. Royalty Management Holding's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.00.

Royalty Management Holding Days Inventory Historical Data

The historical data trend for Royalty Management Holding'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.

Royalty Management Holding Days Inventory Chart

Royalty Management Holding Annual Data

Trend

Dec21

Dec22

Dec23

Days Inventory

Royalty Management Holding Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial					-	-	-	-	-

Competitive Comparison of Royalty Management Holding's Days Inventory

For the Asset Management subindustry, Royalty Management Holding'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.

Royalty Management Holding's Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Royalty Management Holding's Days Inventory distribution charts can be found below:

* The bar in red indicates where Royalty Management Holding's Days Inventory falls into.

Royalty Management Holding Days Inventory Calculation

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

Royalty Management Holding's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.017	*	365
=	0					/	0.017	*	365
=	0.00

Royalty Management Holding's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.006	*	365 / 4
=	0					/	0.006	*	365 / 4
=	0.00

Royalty Management Holding (NAS:RMCO) 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.

Royalty Management Holding's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.006	/	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.

Royalty Management Holding's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.146
	=	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.

Royalty Management Holding Days Inventory Related Terms

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Royalty Management Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Royalty Management Holding Corp (NAS:RMCO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

12115 Visionary Way, Unit 174, Fishers, IN, USA, 46038

Website

https://www.royaltymgmtcorp.com

Royalty Management Holding Corp formed to invest or purchase assets that have current or near-term income to provide the company with accretive cash flow from which it can reinvest in new assets or expand cash flow from existing assets. These assets typically are natural resources assets (including real estate and mining permits), patents, intellectual property, and emerging technologies.

Executives

Thomas M. Sauve	director	8856 SOUTH STREET, FISHERS IN 46038
Aqr Arbitrage Llc	10 percent owner	ONE GREENWICH PLAZA, GREENWICH CT 06830
Aqr Capital Management Llc	10 percent owner	ONE GREENWICH PLAZA, GREENWICH CT 06830
Aqr Capital Management Holdings, Llc	10 percent owner	ONE GREENWICH PLAZA, GREENWICH CT 06830
Mark C. Jensen	director, officer: Chairman and CEO	8856 SOUTH STREET, FISHERS IN 46038
Kirk Patrick Taylor	director, officer: President and CFO	8856 SOUTH STREET, FISHERS IN 46038