RVRC Holding AB (OSTO:RVRC) Inventory Turnover : 0.30 (As of Mar. 2024)

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What is RVRC Holding AB 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. RVRC Holding AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr136 Mil. RVRC Holding AB's Average Total Inventories for the quarter that ended in Mar. 2024 was kr450 Mil. RVRC Holding AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.30.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. RVRC Holding AB's Days Inventory for the three months ended in Mar. 2024 was 301.59.

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. RVRC Holding AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.94.

RVRC Holding AB Inventory Turnover Historical Data

The historical data trend for RVRC Holding AB'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.

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RVRC Holding AB Inventory Turnover Chart

RVRC Holding AB Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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1.28

2.47

2.97

1.26

1.03

RVRC Holding AB Quarterly Data
	Jun18	Jun19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial														0.27	0.23	0.21	0.39	0.30

RVRC Holding AB Inventory Turnover Calculation

RVRC Holding AB'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 )
=	434	/ (	(442	+	403)	/	2 )
=	434	/	422.5
=	1.03

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

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	136	/ (	(438	+	461)	/	2 )
=	136	/	449.5
=	0.30

RVRC Holding AB (OSTO:RVRC) 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.

RVRC Holding AB's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	449.5	/	136	*	365 / 4
	=	301.59

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	449.5	/	478
	=	0.94

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.

RVRC Holding AB Inventory Turnover Related Terms

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RVRC Holding AB (OSTO:RVRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » RVRC Holding AB (OSTO:RVRC) » Definitions » Inventory Turnover

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Traded in Other Exchanges

0GE:Germany

Address

Nils Jakobsonsgatan 5, Boras, SWE, 504 30

Website

https://www.revolutionrace.com

RVRC Holding AB offers high-quality outdoor apparel and apparel for an active lifestyle to customers through its online store. The company offers multifunctional apparel under its own brand RevolutionRace focusing on customers predominantly within the 18-70 age category. It conducts its operations within the scope of a digital D2C business model, entailing that sales take place exclusively online with products offered directly to customers.

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