Rumbu Holdings (TSXV:RMB) Days Inventory : 44.98 (As of Mar. 2024)

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What is Rumbu Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rumbu Holdings's Average Total Inventories for the three months ended in Mar. 2024 was C$0.04 Mil. Rumbu Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was C$0.07 Mil. Hence, Rumbu Holdings's Days Inventory for the three months ended in Mar. 2024 was 44.98.

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

TSXV:RMB' s Days Inventory Range Over the Past 10 Years
Min: 0 Med: 0 Max: 179.93
Current: 179.93

During the past 3 years, Rumbu Holdings's highest Days Inventory was 179.93. The lowest was 0.00. And the median was 0.00.

TSXV:RMB's Days Inventory is ranked worse than
88.37% of 86 companies
in the Personal Services industry
Industry Median: 16.44 vs TSXV:RMB: 179.93

Rumbu Holdings's Days Inventory increased from Mar. 2023 (0.00) to Mar. 2024 (44.98). It might indicate that Rumbu Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rumbu Holdings's Inventory Turnover for the three months ended in Mar. 2024 was 2.03.

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. Rumbu Holdings's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.13.

Rumbu Holdings Days Inventory Historical Data

The historical data trend for Rumbu Holdings'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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Rumbu Holdings Days Inventory Chart

Rumbu Holdings Annual Data

Trend

Jun21

Jun22

Jun23

Days Inventory

Rumbu Holdings Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial						-	-	-	-	44.98

Competitive Comparison of Rumbu Holdings's Days Inventory

For the Personal Services subindustry, Rumbu Holdings'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.

Rumbu Holdings's Days Inventory Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Rumbu Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Rumbu Holdings's Days Inventory falls into.

Rumbu Holdings Days Inventory Calculation

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

Rumbu Holdings's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

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

Rumbu Holdings'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
=	( (0.035	+	0.035)	/	2 )	/	0.071	*	365 / 4
=	0.035					/	0.071	*	365 / 4
=	44.98

Rumbu Holdings (TSXV:RMB) 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.

Rumbu Holdings's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.071	/	0.035
	=	2.03

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.

Rumbu Holdings's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.035	/	0.271
	=	0.13

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.

Rumbu Holdings Days Inventory Related Terms

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

Rumbu Holdings (TSXV:RMB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Rumbu Holdings Ltd (TSXV:RMB) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1150, 707 7th Avenue SW, Calgary, AB, CAN, T2R 1J4

Website

Rumbu Holdings Ltd is a capital pool company.

Rumbu Holdings (TSXV:RMB) Headlines

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