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Rimini Street (STU:0QH) Days Inventory : 0.00 (As of Mar. 2024)


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What is Rimini Street Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rimini Street's Average Total Inventories for the three months ended in Mar. 2024 was €0.0 Mil. Rimini Street's Cost of Goods Sold for the three months ended in Mar. 2024 was €39.5 Mil. Hence, Rimini Street's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

STU:0QH's Days Inventory is not ranked *
in the Software industry.
Industry Median: 19.44
* Ranked among companies with meaningful Days Inventory only.

Rimini Street's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 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. Rimini Street's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


Rimini Street Days Inventory Historical Data

The historical data trend for Rimini Street'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.

Rimini Street Days Inventory Chart

Rimini Street Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Rimini Street Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Rimini Street's Days Inventory

For the Software - Application subindustry, Rimini Street'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.


Rimini Street's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Rimini Street's Days Inventory distribution charts can be found below:

* The bar in red indicates where Rimini Street's Days Inventory falls into.



Rimini Street Days Inventory Calculation

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

Rimini Street'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 ) / 149.025*365
=0 / 149.025*365
=0.00

Rimini Street's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 39.48*365 / 4
=0 / 39.48*365 / 4
=0.00

* 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.


Rimini Street  (STU:0QH) 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.

Rimini Street's Inventory Turnover for the three months ended in Mar. 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.

Rimini Street's Inventory to Revenue for the three months ended in Mar. 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.


Rimini Street Days Inventory Related Terms

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


Rimini Street (STU:0QH) Business Description

Traded in Other Exchanges
Address
3993 Howard Hughes Parkway, Suite 500, Las Vegas, NV, USA, 89169
Rimini Street Inc is a provider of enterprise software support products and services and the third-party support provider for Oracle and SAP software products based in the United States. Some of its products include Oracle E-business suite, Oracle Retail, Peoplesoft, SAP business suite, and Agile PLM, which are offered to various industries, including manufacturing, public sector companies, retail, and education.

Rimini Street (STU:0QH) Headlines

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