RIV (Rivernorth Opportunities Fund) Inventory Turnover: (As of Jun. 2026)

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RIV Rivernorth Opportunities Fund Inc RIV
47 GF Score
Price $10.62
GF Value $28.89
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Rivernorth Opportunities Fund 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. Rivernorth Opportunities Fund's Cost of Goods Sold for the six months ended in Jun. 2026 was $3.22 Mil. Rivernorth Opportunities Fund's Average Total Inventories for the quarter that ended in Jun. 2026 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rivernorth Opportunities Fund's Days Inventory for the six 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. Rivernorth Opportunities Fund's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.00.

Rivernorth Opportunities Fund  (NYSE:RIV) 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.

Rivernorth Opportunities Fund's Days Inventory for the six 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
=0/3.219009*365 / 2
=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.

Rivernorth Opportunities Fund'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 / 23.552182
=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.

Rivernorth Opportunities Fund Inventory Turnover Related Terms

Rivernorth Opportunities Fund Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Rivernorth Opportunities Fund'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.

Rivernorth Opportunities Fund Inventory Turnover Chart

Rivernorth Opportunities Fund Annual Data
Trend Jul19 Jul20 Jul21 Jul22 Jul23 Jun24 Jun25 Jun26
Inventory Turnover
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Rivernorth Opportunities Fund Semi-Annual Data
Apr18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Dec24 Jun25 Dec25 Jun26
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RIV
47GF Score
Rivernorth Opportunities Fund Inc RIV
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Rivernorth Opportunities Fund Inventory Turnover Calculation

Rivernorth Opportunities Fund's Inventory Turnover for the fiscal year that ended in Jun. 2026 is calculated as

Inventory Turnover (A: Jun. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2026 ) / ((Total Inventories (A: Jun. 2025 ) + Total Inventories (A: Jun. 2026 )) / count )
=5.974936 / ((0 + 0) / 1 )
=5.974936 / 0
=N/A

Rivernorth Opportunities Fund'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: Dec. 2025 ) + Total Inventories (Q: Jun. 2026 )) / count )
=3.219009 / ((0 + 0) / 1 )
=3.219009 / 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 Rivernorth Opportunities Fund (RIV) Overvalued in 2026?

Based on GuruFocus' analysis, Rivernorth Opportunities Fund stock appears to be undervalued. The current stock price of $10.62 is trading 63.2% below its estimated GF Value™ of $28.89. GuruFocus considers Rivernorth Opportunities Fund to be Significantly Undervalued.

Key valuation signals for RIV:

  • Inventory Turnover:
  • GF Value™: $28.89 vs. price of $10.62 (63.2% below fair value)
  • GF Score™: 47/100 with 5 warning signs

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

Rivernorth Opportunities Fund Business Description

Address 360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
Rivernorth Opportunities Fund Inc is a diversified, closed-end management investment company. The fund's investment objective is total return consisting of capital appreciation and current income.
47GF Score

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

$10.62
Price
$28.89
GF Value