RJDG (RJD Green) Inventory Turnover: 4.91 (As of Aug. 2023)


What is RJD Green Inventory Turnover?

RJD Green RJDG Inventory Turnover is 4.91 as of Aug. 2023.

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. RJD Green's Cost of Goods Sold for the six months ended in Aug. 2023 was $3.26 Mil. RJD Green's Average Total Inventories for the quarter that ended in Aug. 2023 was $0.66 Mil. RJD Green's Inventory Turnover for the quarter that ended in Aug. 2023 was 4.91.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. RJD Green's Days Inventory for the six months ended in Aug. 2023 was 37.15.

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. RJD Green's Inventory-to-Revenue for the quarter that ended in Aug. 2023 was 0.13.

RJD Green  (OTCPK:RJDG) 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.

RJD Green's Days Inventory for the six months ended in Aug. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Aug. 2023 )/Cost of Goods Sold (Q: Aug. 2023 )*Days in Period
=0.663/3.257*365 / 2
=37.15

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.

RJD Green's Inventory to Revenue for the quarter that ended in Aug. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Aug. 2023 ) / Revenue (Q: Aug. 2023 )
=0.663 / 5.019
=0.13

* 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.

RJD Green Inventory Turnover Related Terms

RJD Green Inventory Turnover Historical Data

* Premium members only.

The historical data trend for RJD Green'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.

RJD Green Inventory Turnover Chart

RJD Green Annual Data
Trend Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug22 Aug23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only 0.00 14.99 11.70 8.08 4.91

RJD Green Semi-Annual Data
Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug22 Aug23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only 0.00 14.99 11.70 8.08 4.91

RJD Green Inventory Turnover Calculation

RJD Green's Inventory Turnover for the fiscal year that ended in Aug. 2023 is calculated as

Inventory Turnover (A: Aug. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Aug. 2023 ) / ((Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count )
=3.257 / ((0.592 + 0.734) / 2 )
=3.257 / 0.663
=4.91

RJD Green's Inventory Turnover for the quarter that ended in Aug. 2023 is calculated as

Inventory Turnover (Q: Aug. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Aug. 2023 ) / ((Total Inventories (Q: Aug. 2022 ) + Total Inventories (Q: Aug. 2023 )) / count )
=3.257 / ((0.592 + 0.734) / 2 )
=3.257 / 0.663
=4.91

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 4.91 mean?
RJD Green (RJDG) has a Inventory Turnover of 4.91 as of Aug. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on RJD Green and its competitors.
Is RJD Green's Inventory Turnover too high?
RJD Green's current Inventory Turnover is 4.91.
How does RJD Green's Inventory Turnover compare to TICJ and AXXA?
RJD Green's Inventory Turnover of 4.91 can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Conglomerates company?
A good Inventory Turnover depends on the Conglomerates industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on RJD Green and its competitors. RJD Green's current Inventory Turnover is 4.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RJD Green stock overvalued right now?
RJD Green (RJDG) has a current Inventory Turnover of 4.91. The current Inventory Turnover is 4.91. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For RJD Green (RJDG), the current Inventory Turnover is 4.91 as of Aug. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

RJD Green Business Description

Address 5151 South Mingo Road, Suite F, Tulsa, OK, USA, 741146
RJD Green Inc a development-stage company. The company is focused on acquiring and managing assets and companies. It operates in three sectors: Services to the Healthcare sector, Green environmental services and products, Specialty construction / industrial products and services.