RTC Group (LSE:RTC) Days Inventory : 0.07 (As of Dec. 2023)

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What is RTC Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). RTC Group's Average Total Inventories for the six months ended in Dec. 2023 was £0.02 Mil. RTC Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £43.86 Mil. Hence, RTC Group's Days Inventory for the six months ended in Dec. 2023 was 0.07.

The historical rank and industry rank for RTC Group's Days Inventory or its related term are showing as below:

LSE:RTC' s Days Inventory Range Over the Past 10 Years
Min: 0.03 Med: 0.08 Max: 0.15
Current: 0.07

During the past 13 years, RTC Group's highest Days Inventory was 0.15. The lowest was 0.03. And the median was 0.08.

LSE:RTC's Days Inventory is ranked better than
98.97% of 681 companies
in the Business Services industry
Industry Median: 29.77 vs LSE:RTC: 0.07

RTC Group's Days Inventory stayed the same from Dec. 2022 (0.07) to Dec. 2023 (0.07).

Inventory Turnover measures how fast the company turns over its inventory within a year. RTC Group's Inventory Turnover for the six months ended in Dec. 2023 was 2,741.38.

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. RTC Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

RTC Group Days Inventory Historical Data

The historical data trend for RTC Group's Days 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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RTC Group Days Inventory Chart

RTC Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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0.04

0.08

0.11

0.07

RTC Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															0.08	0.10	0.07	0.08	0.07

Competitive Comparison of RTC Group's Days Inventory

For the Staffing & Employment Services subindustry, RTC Group's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

RTC Group's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, RTC Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where RTC Group's Days Inventory falls into.

RTC Group Days Inventory Calculation

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

RTC Group's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.014	+	0.015)	/	2 )	/	81.337	*	365
=	0.0145					/	81.337	*	365
=	0.07

RTC Group's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.017	+	0.015)	/	2 )	/	43.862	*	365 / 2
=	0.016					/	43.862	*	365 / 2
=	0.07

RTC Group (LSE:RTC) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

RTC Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	43.862	/	0.016
	=	2,741.38

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.

RTC Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.016	/	53.22
	=	0.00

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

RTC Group Days Inventory Related Terms

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

RTC Group (LSE:RTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » RTC Group PLC (LSE:RTC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

London Road, The Derby Conference Centre, Derby, GBR, DE24 8UX

Website

https://www.rtcgroupplc.co.uk

RTC Group PLC is engaged in the engineering and technical recruitment business that provides temporary and permanent labor to a broad range of industries and customers in both domestic and international markets. It focuses on white and blue-collar recruitment providing temporary, permanent, and contingent staff to a range of industries and clients in both domestic and international markets. The company's operating segments include UK Recruitment, UK Central Services, and International Recruitment. The majority of its revenues are generated from the UK Recruitment segment.