REMSleep Holdings (REMSleep Holdings) Change In Inventory : $0.16 Mil (TTM As of Mar. 2024)

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What is REMSleep Holdings Change In Inventory?

REMSleep Holdings's change in inventory for the quarter that ended in Mar. 2024 was $0.01 Mil. It means REMSleep Holdings's inventory declined by $0.01 Mil from Dec. 2023 to Mar. 2024 .

REMSleep Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was $0.22 Mil. It means REMSleep Holdings's inventory declined by $0.22 Mil from Dec. 2022 to Dec. 2023 .

REMSleep Holdings's Total Inventories for the quarter that ended in Mar. 2024 was $0.09 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. REMSleep Holdings's Days Inventory for the quarter that ended in Mar. 2024 was 602.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. REMSleep Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.15.

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. REMSleep Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.59.

REMSleep Holdings Change In Inventory Historical Data

The historical data trend for REMSleep Holdings's Change In Inventory 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.

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REMSleep Holdings Change In Inventory Chart

REMSleep Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.01

-1.06

0.22

REMSleep Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															0.07	0.05	0.05	0.05	0.01

REMSleep Holdings Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.16 Mil.

REMSleep Holdings (OTCPK:RMSL) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

REMSleep Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.0925	/	0.014	*	365 / 4
	=	602.90

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

REMSleep Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.014	/	0.0925
	=	0.15

3. 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.

REMSleep Holdings's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.0925	/	0.058
	=	1.59

REMSleep Holdings Change In Inventory Related Terms

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REMSleep Holdings (REMSleep Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » REMSleep Holdings Inc (OTCPK:RMSL) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

14175 ICOT Blvd, Suite 300, Clearwater, FL, USA, 33760

Website

https://www.remsleep.com

REMSleep Holdings Inc is focused on designing and manufacturing devices and products for the treatment of sleep apnea and other respiratory conditions. The company offers the product DeltaWave which is specifically designed with airflow characteristics to enable patients with sleep apnea to breathe normally. Geographically, the business activity of the group functions through the region of the United States.

Executives

Russell Finlay Bird	10 percent owner, officer: President	722 50TH STREET, DES MOINES IA 50312
Tom J Wood	director, officer: CEO	1170 CHERRYWOOD RD, WAYCROSS GA 31503
Thomas Brookes	director, officer: VP & MD OF EKOM EYA MINE DIV.	1149 TOPSAIL ROAD, MOUNT PEARL A4 AIN 5G2
Matthew Sullivan	director, officer: ASST. VP OF EKOM EYA MINE DIV.	1149 TOPSAIL ROAD, MOUNT PEARL A4 AIN5G2
David M Barnes	officer: Chief Financial Officer	6800 JERICHO TURNPIKE, SUITE 208E, SYOSSET NY 11791
Walter Leslie Thistle	director, other: Chairman of the Board	17 COLLINGWOOD CRESCENT, MOUNT PEARL A4 A1N5C6
Kat Exploration Inc.	10 percent owner	1149 TOPSAIL ROAD, MOUNT PEARL A4 A1N5G2
Ken Stead	director, 10 percent owner, officer: CEO and President	15 BLADE CRESCENT, MOUNT PEARL A4 A1N 5L1
Ronald Davis	officer: PRESIDENT	4412 8TH STREET SW, VERO BEACH FL 32968