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Response Plus Holding (ADX:RPM) Inventory-to-Revenue : 0.05 (As of Dec. 2023)


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What is Response Plus Holding Inventory-to-Revenue?

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. Response Plus Holding's Average Total Inventories for the quarter that ended in Dec. 2023 was د.إ8.6 Mil. Response Plus Holding's Revenue for the six months ended in Dec. 2023 was د.إ176.8 Mil. Response Plus Holding's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.

Response Plus Holding's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.04) to Jun. 2023 (0.05)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Response Plus Holding's Days Inventory for the six months ended in Dec. 2023 was 51.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. Response Plus Holding's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.51.


Response Plus Holding Inventory-to-Revenue Historical Data

The historical data trend for Response Plus Holding's Inventory-to-Revenue 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.

Response Plus Holding Inventory-to-Revenue Chart

Response Plus Holding Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
0.12 0.01 0.02 0.02

Response Plus Holding Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial 0.02 0.03 0.04 0.04 0.05

Competitive Comparison of Response Plus Holding's Inventory-to-Revenue

For the Oil & Gas Equipment & Services subindustry, Response Plus Holding's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


Response Plus Holding's Inventory-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Response Plus Holding's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Response Plus Holding's Inventory-to-Revenue falls into.



Response Plus Holding Inventory-to-Revenue Calculation

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.

Response Plus Holding's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (6.755 + 9.839) / 2 ) / 345.359
=8.297 / 345.359
=0.02

Response Plus Holding's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (7.341 + 9.839) / 2 ) / 176.827
=8.59 / 176.827
=0.05

* 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.


Response Plus Holding  (ADX:RPM) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Response Plus Holding's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=8.59/30.187*365 / 2
=51.93

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Response Plus Holding's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=30.187 / 8.59
=3.51

* 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.


Response Plus Holding Inventory-to-Revenue Related Terms

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Response Plus Holding (ADX:RPM) Business Description

Traded in Other Exchanges
N/A
Address
Burjeel Medical City, MBZ City, P.O. Box 130336, Zone D, 3rd Floor, Abu Dhabi, ARE
Website
Response Plus Holding is engaged in the supply of manpower and medical equipment and the management of hospitals, clinics, and medical centers. The company's business activities are; healthcare services, investment in the healthcare-related business, investing in real estate and movables necessary for carrying out its activities, and management of affiliated companies. Geographically, it operates in the following markets; United Arab Emirates, Kingdom of Saudi Arabia, and Sultanate of Oman. Out of which a majority of its revenue comes from the United Arab Emirates market.