Renewable Energy & Power (Renewable Energy & Power) Days Inventory : 97.82 (As of Jun. 2018)

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What is Renewable Energy & Power Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Renewable Energy & Power's Average Total Inventories for the three months ended in Jun. 2018 was $0.13 Mil. Renewable Energy & Power's Cost of Goods Sold for the three months ended in Jun. 2018 was $0.12 Mil. Hence, Renewable Energy & Power's Days Inventory for the three months ended in Jun. 2018 was 97.82.

The historical rank and industry rank for Renewable Energy & Power's Days Inventory or its related term are showing as below:

RBNW's Days Inventory is not ranked ^*
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 132.24
* Ranked among companies with meaningful Days Inventory only.

Renewable Energy & Power's Days Inventory increased from Jun. 2017 (36.12) to Jun. 2018 (97.82). It might indicate that Renewable Energy & Power's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Renewable Energy & Power's Inventory Turnover for the three months ended in Jun. 2018 was 0.93.

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. Renewable Energy & Power's Inventory-to-Revenue for the three months ended in Jun. 2018 was 0.91.

Renewable Energy & Power Days Inventory Historical Data

The historical data trend for Renewable Energy & Power'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.

* Premium members only.

Renewable Energy & Power Days Inventory Chart

Renewable Energy & Power Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Days Inventory

502.23

242.87

231.38

101.73

Renewable Energy & Power Quarterly Data
	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18
Days Inventory	Get a 7-Day Free Trial															36.12	26.81	77.27	56.82	97.82

Competitive Comparison of Renewable Energy & Power's Days Inventory

For the Footwear & Accessories subindustry, Renewable Energy & Power'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.

Renewable Energy & Power's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Renewable Energy & Power's Days Inventory distribution charts can be found below:

* The bar in red indicates where Renewable Energy & Power's Days Inventory falls into.

Renewable Energy & Power Days Inventory Calculation

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

Renewable Energy & Power's Days Inventory for the fiscal year that ended in Sep. 2016 is calculated as

	Days Inventory (A: Sep. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2015 )	+	Total Inventories (A: Sep. 2016 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2016 )	*	Days in Period
=	( (0.25	+	0)	/	1 )	/	0.897	*	365
=	0.25					/	0.897	*	365
=	101.73

Renewable Energy & Power's Days Inventory for the quarter that ended in Jun. 2018 is calculated as:

	Days Inventory (Q: Jun. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2018 )	+	Total Inventories (Q: Jun. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2018 )	*	Days in Period
=	( (0.077	+	0.176)	/	2 )	/	0.118	*	365 / 4
=	0.1265					/	0.118	*	365 / 4
=	97.82

Renewable Energy & Power (OTCPK:RBNW) 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.

Renewable Energy & Power's Inventory Turnover for the three months ended in Jun. 2018 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.118	/	0.1265
	=	0.93

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.

Renewable Energy & Power's Inventory to Revenue for the three months ended in Jun. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.1265	/	0.139
	=	0.91

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.

Renewable Energy & Power Days Inventory Related Terms

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

Renewable Energy & Power (Renewable Energy & Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Renewable Energy & Power Inc (OTCPK:RBNW) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Washington Street, Suite 703, Brooklyn, NY, USA, 11201

Website

https://www.lustforlifeshoes.com

Renewable Energy & Power Inc is engaged in the retail and wholesale of footwear for the urban culture. It operates under the brand Lust for Life which employs a website with traffic driven by online marketing tools and techniques. The company derives the majority of its sales through its wholesale channel.