RNOPF (Renold) Inventory Turnover: 0.00 (As of Mar. 2025)


RNOPF Renold PLC RNOPF
39 GF Score
Price $0.99
View Full Analysis

What is Renold Inventory Turnover?

Renold RNOPF -5.89% 39 Inventory Turnover is 0.00 as of Mar. 2025. GuruFocus rates RNOPF with a GF Score™ of 39/100.

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. Renold's Cost of Goods Sold for the six months ended in Mar. 2025 was $0.0 Mil. Renold's Average Total Inventories for the quarter that ended in Mar. 2025 was $88.0 Mil. Renold's Inventory Turnover for the quarter that ended in Mar. 2025 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. Renold's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.56.


Renold  (OTCPK:RNOPF) 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.

Renold's Days Inventory for the six months ended in Mar. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2025 )/Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=87.9875/0*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.

Renold's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=87.9875 / 157.235
=0.56

* 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.


Renold Inventory Turnover Related Terms


Renold Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Renold'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.

Renold Inventory Turnover Chart

Renold Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.54 1.48 1.49 1.35 1.26

Renold Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
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 0.00 0.00 0.00 0.00 0.00
RNOPF
39GF Score
Renold PLC RNOPF
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Renold Inventory Turnover Calculation

Renold's Inventory Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Inventory Turnover (A: Mar. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2025 ) / ((Total Inventories (A: Mar. 2024 ) + Total Inventories (A: Mar. 2025 )) / count )
=103.618 / ((77.001 + 86.822) / 2 )
=103.618 / 81.9115
=1.26

Renold's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover (Q: Mar. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2025 ) / ((Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count )
=0 / ((89.153 + 86.822) / 2 )
=0 / 87.9875
=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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
Renold (RNOPF) has a Inventory Turnover of 0.00 as of Mar. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Renold and its competitors.
Is Renold's Inventory Turnover too high?
Renold's current Inventory Turnover is 0.00. Overall, Renold has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Renold's Inventory Turnover compare to GEV and ETN?
Renold's Inventory Turnover of 0.00 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Inventory Turnover depends on the Industrial Products 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 Renold and its competitors. Renold's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renold stock overvalued right now?
Renold (RNOPF) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Renold's overall GF Score™ is 39/100. 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 Renold (RNOPF), the current Inventory Turnover is 0.00 as of Mar. 2025. 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.

Renold Business Description

Address Styal Road, Trident 2, Trident Business Park, Wythenshawe, Manchester, GBR, M22 5XB
Renold PLC is a United Kingdom-based manufacturer of industrial conveyor chains and other machine components. The company's operating segments include: The Chain and The Torque Transmission. Chain segment manufactures and sells power transmission and conveyor chain. It generates maximum revenue from the Chain segment. Geographically, it derives majority of revenue from the Americas and also has a presence in Rest of Europe, Australasia, China, India, and Other countries. The company serves agriculture, forestry and fishing, construction machinery, energy, environmental, food and drink, mining and quarrying and transportation sectors.
39GF Score

Get the complete analysis for RNOPF

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

$0.99
Price