RCL Foods (JSE:RCL) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is RCL Foods Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. RCL Foods's Cost of Goods Sold for the six months ended in Dec. 2023 was R0 Mil. RCL Foods's Average Total Inventories for the quarter that ended in Dec. 2023 was R5,433 Mil. RCL Foods's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.00.

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

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. RCL Foods's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.27.

RCL Foods Inventory Turnover Historical Data

The historical data trend for RCL Foods's Inventory Turnover 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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RCL Foods Inventory Turnover Chart

RCL Foods Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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5.17

5.33

5.99

6.00

6.59

RCL Foods Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

RCL Foods Inventory Turnover Calculation

RCL Foods's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	31021.489	/ (	(4379.006	+	5039.491)	/	2 )
=	31021.489	/	4709.2485
=	6.59

RCL Foods's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	0	/ (	(5039.491	+	5826.884)	/	2 )
=	0	/	5433.1875
=	0.00

RCL Foods (JSE:RCL) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

RCL Foods'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
	=	5433.1875	/	0	*	365 / 2
	=

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.

RCL Foods's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	5433.1875	/	20130.187
	=	0.27

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

RCL Foods Inventory Turnover Related Terms

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RCL Foods (JSE:RCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » RCL Foods Ltd (JSE:RCL) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Ten The Boulevard, Westway Office Park, Westville, NL, ZAF, 3629

Website

https://www.rclfoods.com

RCL Foods Ltd is a leading African food producer with operations across South Africa, Swaziland, Namibia, Botswana, and Zambia. RCL Foods operates through the below segments, Groceries segment: Engaged in Culinary (includes Mayonnaise, Peanut Butter, Rusks etc.) and Pet Food and Beverages operations; Baking segment: Includes the Milling, Speciality, Pies, Sunbake and Sunshine bakeries and Buns and Rolls; Sugar segment: Includes Sugar and molasses-based feed (Molatek) operations; Rainbow segment includes the chicken business, grain-based feed (Epol and Driehoek) and Waste-to-Value operations. The company generates the majority of its revenue from the Rainbow segment.