Remitly Global (MEX:RELY) Inventory Turnover: (As of Jun. 2026)

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MEX:RELY Remitly Global Inc MEX:RELY
54 GF Score
Price MXN420.00
GF Value MXN3,189.12
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Remitly Global 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. Remitly Global's Cost of Goods Sold for the three months ended in Jun. 2026 was MXN194 Mil. Remitly Global's Average Total Inventories for the quarter that ended in Jun. 2026 was MXN0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Remitly Global's Days Inventory for the three months ended in Jun. 2026 was 0.00.

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. Remitly Global's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.00.

Remitly Global  (MEX:RELY) 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.

Remitly Global's Days Inventory for the three months ended in Jun. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2026 )/Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=0/194.12*365 / 4
=0.00

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.

Remitly Global's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=0 / 495.156
=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.

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.

Remitly Global Inventory Turnover Related Terms

Remitly Global Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Remitly Global'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.

Remitly Global Inventory Turnover Chart

Remitly Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
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Remitly Global Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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MEX:RELY
54GF Score
Remitly Global Inc MEX:RELY
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Remitly Global Inventory Turnover Calculation

Remitly Global's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=675.74 / ((0 + 0) / 1 )
=675.74 / 0
=N/A

Remitly Global's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover (Q: Jun. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2026 ) / ((Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count )
=194.12 / ((0 + 0) / 1 )
=194.12 / 0
=N/A

* 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.

Is Remitly Global (MEX:RELY) Overvalued in 2026?

Based on GuruFocus' analysis, Remitly Global stock appears to be undervalued. The current stock price of MXN420.00 is trading 86.8% below its estimated GF Value™ of MXN3,189.12. GuruFocus considers Remitly Global to be Significantly Undervalued.

Key valuation signals for MEX:RELY:

  • Inventory Turnover:
  • GF Value™: MXN3,189.12 vs. price of MXN420.00 (86.8% below fair value)
  • GF Score™: 54/100 with 4 warning signs

No single metric tells the full story. See the MEX:RELY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Remitly Global Business Description

Other Exchanges RELY:USA
Address 401 Union Street, Suite 1000, Seattle, WA, USA, 98101
Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. The company's revenue is generated from transaction fees charged to customers, and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.
54GF Score

Get the complete analysis for MEX:RELY

Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN420.00
Price
MXN3,189.12
GF Value