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Regional Brands (Regional Brands) Inventory Turnover : 5.14 (As of Sep. 2019)


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What is Regional Brands 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. Regional Brands's Cost of Goods Sold for the three months ended in Sep. 2019 was $8.51 Mil. Regional Brands's Average Total Inventories for the quarter that ended in Sep. 2019 was $1.66 Mil. Regional Brands's Inventory Turnover for the quarter that ended in Sep. 2019 was 5.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Regional Brands's Days Inventory for the three months ended in Sep. 2019 was 17.76.

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. Regional Brands's Inventory-to-Revenue for the quarter that ended in Sep. 2019 was 0.14.


Regional Brands Inventory Turnover Historical Data

The historical data trend for Regional Brands'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.

* Premium members only.

Regional Brands Inventory Turnover Chart

Regional Brands Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Dec17 Dec18
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 20.39 23.91

Regional Brands Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.99 4.84 3.94 5.60 5.14

Regional Brands Inventory Turnover Calculation

Regional Brands's Inventory Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Inventory Turnover (A: Dec. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2018 ) / ((Total Inventories (A: Dec. 2017 ) + Total Inventories (A: Dec. 2018 )) / count )
=28.781 / ((1.243 + 1.164) / 2 )
=28.781 / 1.2035
=23.91

Regional Brands's Inventory Turnover for the quarter that ended in Sep. 2019 is calculated as

Inventory Turnover (Q: Sep. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2019 ) / ((Total Inventories (Q: Jun. 2019 ) + Total Inventories (Q: Sep. 2019 )) / count )
=8.514 / ((1.64 + 1.675) / 2 )
=8.514 / 1.6575
=5.14

* 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.


Regional Brands  (OTCPK:RGBD) 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.

Regional Brands's Days Inventory for the three months ended in Sep. 2019 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2019 )/Cost of Goods Sold (Q: Sep. 2019 )*Days in Period
=1.6575/8.514*365 / 4
=17.76

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.

Regional Brands's Inventory to Revenue for the quarter that ended in Sep. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2019 ) / Revenue (Q: Sep. 2019 )
=1.6575 / 11.489
=0.14

* 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.


Regional Brands Inventory Turnover Related Terms

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Regional Brands (Regional Brands) Business Description

Traded in Other Exchanges
N/A
Address
6060 Parkland Boulevard, Suite 200, Mayfield Heights, Cleveland, OH, USA, 44124
Regional Brands Inc is a holding company formed to acquire substantial ownership in regional companies with strong brand recognition, stable revenues, and profitability. Its subsidiary is engaged in selling and distribution of windows, doors and related hardware as well as specialty products used in commercial and residential buildings.
Executives
Steven N Bronson director, 10 percent owner
Leonard Hagan director 650 THOMAS AVENUE, BALDWIN NY 11510

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