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Remitly Global's total inventories for the quarter that ended in Dec. 2024 was $0 Mil. Remitly Global's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $0 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Remitly Global's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $0.83.
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 Dec. 2024 was 0.00.
Inventory Turnover measures how fast the company turns over its inventory within a year.
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 Dec. 2024 was 0.00.
The historical data trend for Remitly Global's Total Inventories 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 Annual Data | |||||||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||
Total Inventories | Get a 7-Day Free Trial | - | - | - | - | - |
Remitly Global Quarterly Data | ||||||||||||||||||||
Dec19 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Total Inventories | Get a 7-Day Free Trial |
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Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.
Remitly Global (NAS:RELY) Total Inventories Explanation
Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.
1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.
Remitly Global's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is
Net-Net Working Capital Per Share (Q: Dec. 2024 ) | |||||||
= | (Cash And Cash Equivalents | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (368.097 | + | 0.75 * 193.965 | + | 0.5 * 0 | - | 347.4 |
- | 0 | - | 0) | / | 200.535 | ||
= | 0.83 |
2. 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 Dec. 2024 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Dec. 2024 ) | / | Cost of Goods Sold (Q: Dec. 2024 ) | * | Days in Period |
= | 0 | / | 140.397 | * | 365 / 4 | |
= | 0.00 |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
Remitly Global's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Dec. 2024 ) | / | Average Total Inventories (Q: Dec. 2024 ) |
= | 140.397 | / | 0 | |
= | N/A |
4. 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 Dec. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories (Q: Dec. 2024 ) | / | Revenue (Q: Dec. 2024 ) |
= | 0 | / | 351.895 | |
= | 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
Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.
When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.
Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.
Thank you for viewing the detailed overview of Remitly Global's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
Matthew B. Oppenheimer | director, officer: Chief Executive Officer | 1111 THIRD AVENUE, ST. 2100, C/O REMITLY GLOBAL, INC., SEATTLE WA 98101 |
Ankur Sinha | officer: Chief Technology Officer | C/O REMITLY GLOBAL, INC., 1111 3RD AVE., 21ST FLOOR, SEATTLE WA 98101 |
Joshua Hug | director, officer: Chief Operating Officer | 1111 THIRD AVENUE, ST. 2100, C/O REMITLY GLOBAL, INC., SEATTLE WA 98101 |
Rene Yoakum | officer: EVP, Customer and Culture | C/O REMITLY GLOBAL, INC., 1111 3RD AVE., 21ST FLOOR, SEATTLE WA 98101 |
Gail A Miller | officer: Chief Accounting Officer | C/O REMITLY GLOBAL, INC., 1111 3RD AVE., 21ST FLOOR, SEATTLE, WA 98101 |
Hemanth Munipalli | officer: Chief Financial Officer | C/O REMITLY GLOBAL, INC., 1111 THIRD AVENUE, SUITE 2100, SEATTLE WA 98101 |
Bora Chung | director | C/O BILL.COM HOLDINGS, INC., 1810 EMBARCADERO ROAD, PALO ALTO CA 94303 |
Nigel W Morris | director | 1680 CAPITAL ONE DRIVE, MCLEAN VA 22102 |
Phyllis J Campbell | director | C/O AIR TRANSPORT SERVICES GROUP, INC., 145 HUNTER DRIVE, WILMINGTON OH 45177 |
Ryno Blignaut | director | C/O XOOM CORPORATION, 100 BUSH STREET, SUITE 300, SAN FRANCISCO CA 94104 |
Stripes Holdings, Llc | 10 percent owner | 402 WEST 13TH ST., 4TH FLOOR, NEW YORK NY 10014 |
Stripes Iii, Lp | 10 percent owner | 402 WEST 13TH STREET, 4TH FLOOR, NEW YORK NY 10014 |
Stripes Gp Iii, Llc | 10 percent owner | 402 WEST 13TH STREET, NEW YORK NY 10014 |
Kenneth A Fox | 10 percent owner | |
William Kazuo Bryant | director | 1111 THIRD AVENUE, ST. 2100, C/O REMITLY GLOBAL, INC., SEATTLE WA 98101 |
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