Rapid Nutrition (Rapid Nutrition) Days Inventory : 45.47 (As of Dec. 2023)

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What is Rapid Nutrition Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rapid Nutrition's Average Total Inventories for the six months ended in Dec. 2023 was $0.15 Mil. Rapid Nutrition's Cost of Goods Sold for the six months ended in Dec. 2023 was $0.59 Mil. Hence, Rapid Nutrition's Days Inventory for the six months ended in Dec. 2023 was 45.47.

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

RPNRF' s Days Inventory Range Over the Past 10 Years
Min: 44.41 Med: 117.81 Max: 884.62
Current: 54.52

During the past 10 years, Rapid Nutrition's highest Days Inventory was 884.62. The lowest was 44.41. And the median was 117.81.

RPNRF's Days Inventory is ranked better than
91.82% of 966 companies
in the Drug Manufacturers industry
Industry Median: 158.365 vs RPNRF: 54.52

Rapid Nutrition's Days Inventory declined from Dec. 2022 (67.56) to Dec. 2023 (45.47).

Inventory Turnover measures how fast the company turns over its inventory within a year. Rapid Nutrition's Inventory Turnover for the six months ended in Dec. 2023 was 4.01.

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. Rapid Nutrition's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.22.

Rapid Nutrition Days Inventory Historical Data

The historical data trend for Rapid Nutrition'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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Rapid Nutrition Days Inventory Chart

Rapid Nutrition Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

888.31

120.25

130.99

97.50

43.93

Rapid Nutrition Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial													163.42	562.52	67.56	88.60	45.47

Competitive Comparison of Rapid Nutrition's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Rapid Nutrition'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.

Rapid Nutrition's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Rapid Nutrition's Days Inventory distribution charts can be found below:

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

Rapid Nutrition Days Inventory Calculation

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

Rapid Nutrition'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
=	( (0.091	+	0.116)	/	2 )	/	0.86	*	365
=	0.1035					/	0.86	*	365
=	43.93

Rapid Nutrition'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
=	( (0.176	+	0.116)	/	2 )	/	0.586	*	365 / 2
=	0.146					/	0.586	*	365 / 2
=	45.47

Rapid Nutrition (OTCPK:RPNRF) 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.

Rapid Nutrition's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.586	/	0.146
	=	4.01

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.

Rapid Nutrition's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.146	/	0.672
	=	0.22

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.

Rapid Nutrition Days Inventory Related Terms

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

Rapid Nutrition (Rapid Nutrition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Rapid Nutrition PLC (OTCPK:RPNRF) » Definitions » Days Inventory

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Traded in Other Exchanges

ALRPD:France

Address

124 City Road, London, GBR, EC1V 2NX

Website

https://www.rnplc.com

Rapid Nutrition PLC is a natural healthcare company. The company is engaged in development and distribution of premium, science based health and wellness brands. The company's Flagship brands are, 1) SystemLS; 2) Leisa's Secret and 3) The Plant-Based Bundle.