GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » RDE Inc (OTCPK:RSTN) » Definitions » Change In Inventory

RDE (RSTN) Change In Inventory : $0.7 Mil (TTM As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is RDE Change In Inventory?

RDE's change in inventory for the quarter that ended in Mar. 2024 was $0.7 Mil. It means RDE's inventory declined by $0.7 Mil from Dec. 2023 to Mar. 2024 .

RDE's change in inventory for the fiscal year that ended in Dec. 2023 was $0.8 Mil. It means RDE's inventory declined by $0.8 Mil from Dec. 2022 to Dec. 2023 .

RDE's Total Inventories for the quarter that ended in Mar. 2024 was $3.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. RDE's Days Inventory for the quarter that ended in Mar. 2024 was 19.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. RDE's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.79.

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. RDE's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.18.


RDE Change In Inventory Historical Data

The historical data trend for RDE'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.

* Premium members only.

RDE Change In Inventory Chart

RDE Annual Data
Trend Aug03 Aug04 Aug05 May16 May17 May18 Dec19 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.04 - 0.46 0.82

RDE Quarterly Data
May18 Aug18 Nov18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Inventory 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 1.02 - - - 0.68

RDE 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 $0.7 Mil.

* 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.


RDE  (OTCPK:RSTN) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=3.813/18.265*365 / 4
=19.05

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

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

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.

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

* 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.


RDE Change In Inventory Related Terms

Thank you for viewing the detailed overview of RDE's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


RDE (RSTN) Business Description

Traded in Other Exchanges
N/A
Address
5880 Live Oak Parkway, Suite 100, Norcross, GA, USA, 30093
RDE Inc is an operating digital marketing site for restaurants. It is a dining deals site that offers deals on restaurants nationwide.