The historical rank and industry rank for Richtech Robotics's Days Inventory or its related term are showing as below:
RR'
s Days Inventory Range Over the Past 10 Years
Min: 100.54 Med: 145.99 Max: 205.12
Current: 100.54
During the past 3 years, Richtech Robotics's highest Days Inventory was 205.12. The lowest was 100.54. And the median was 145.99.
RR's Days Inventory is ranked better than 60.78% of 2909
companies
in the Industrial Products industry
Industry Median: 120.85
vs RR: 100.54
Richtech Robotics's Days Inventory
declined
from Dec. 2022 (232.22) to Dec. 2023 (135.77).
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Richtech Robotics's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.67.
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.
Richtech Robotics's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.67.
Richtech Robotics Days Inventory Historical Data
The historical data trend for Richtech Robotics'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.
Competitive Comparison of Richtech Robotics's Days Inventory
For the Specialty Industrial Machinery subindustry, Richtech Robotics'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.
Richtech Robotics's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Richtech Robotics's Days Inventory distribution charts can be found below:
* The bar in red indicates where Richtech Robotics's Days Inventory falls into.
Richtech Robotics Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Richtech Robotics's Days Inventory for the fiscal year that ended in Sep. 2023 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.
Richtech Robotics (NAS:RR) 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.
Richtech Robotics's Inventory Turnover for the
three
months ended in Dec. 2023 is calculated as
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.
Richtech Robotics's Inventory to Revenue for the
three
months ended in Dec. 2023 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.
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.
Richtech Robotics Days Inventory Related Terms
Thank you for viewing the detailed overview of Richtech Robotics's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Richtech Robotics (Richtech Robotics) Business Description
Richtech Robotics Inc is a developer of new robotic technologies focused on transforming labor-intensive services in hospitality and other sectors currently experiencing unprecedented labor shortages. The company designed, manufacture and sell robots to restaurants, hotels, senior living centers, casinos, factories, movie theaters and other businesses. Its robots perform a variety of services including restaurant running and bussing, hotel room service delivery, floor scrubbing and vacuuming, and beverage and food preparation. The company designs its robots to be friendly, customizable to client environments, and extremely reliable.
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