Rex Trueform Group (JSE:RTN) Inventory Turnover : 1.40 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Rex Trueform Group Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Rex Trueform Group's Cost of Goods Sold for the six months ended in Dec. 2023 was R206.1 Mil. Rex Trueform Group's Average Total Inventories for the quarter that ended in Dec. 2023 was R146.8 Mil. Rex Trueform Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rex Trueform Group's Days Inventory for the six months ended in Dec. 2023 was 130.01.

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. Rex Trueform Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.38.

Rex Trueform Group Inventory Turnover Historical Data

The historical data trend for Rex Trueform Group's Inventory Turnover 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.

Rex Trueform Group Inventory Turnover Chart

Rex Trueform Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

Get a 7-Day Free Trial

3.34

2.75

2.31

2.63

2.64

Rex Trueform Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															1.72	1.27	1.47	1.12	1.40

Rex Trueform Group Inventory Turnover Calculation

Rex Trueform Group's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	365.199	/ (	(124.96	+	152.023)	/	2 )
=	365.199	/	138.4915
=	2.64

Rex Trueform Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	206.127	/ (	(152.023	+	141.67)	/	2 )
=	206.127	/	146.8465
=	1.40

Rex Trueform Group (JSE:RTN) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Rex Trueform Group's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	146.8465	/	206.127	*	365 / 2
	=	130.01

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.

Rex Trueform Group's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	146.8465	/	385.385
	=	0.38

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Rex Trueform Group Inventory Turnover Related Terms

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

Rex Trueform Group (JSE:RTN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Rex Trueform Group Ltd (JSE:RTN) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

RTO:South Africa

Address

263 Victoria Road, Unit 1, Rex Trueform Office Park, Salt River, Cape Town, WC, ZAF, 7925

Website

https://www.rextrueform.com

Rex Trueform Group Ltd is a holding company. It is organized into four segments: Retail segment which comprises of the retailing of fashion apparel through Queenspark stores in South Africa. Property segment comprising of the group's property portfolio based in Cape Town, which includes both investment and owner occupied properties. Media and broadcasting segment engaged in the provision of media and satellite equipment and services through Telemedia. Water infrastructure segment comprises of an indirect investment made in a private water and wastewater utility group. The company generates maximum revenue from the Retail segment. The company generates maximum revenue from South Africa itself.