Rapid7 (Rapid7) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Rapid7 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. Rapid7's Cost of Goods Sold for the three months ended in Mar. 2024 was $60.9 Mil. Rapid7's Average Total Inventories for the quarter that ended in Mar. 2024 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rapid7's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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. Rapid7's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Rapid7 Inventory Turnover Historical Data

The historical data trend for Rapid7'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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Rapid7 Inventory Turnover Chart

Rapid7 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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Rapid7 Quarterly Data
	Jun19	Sep19	Dec19	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															-	-	-	-	-

Rapid7 Inventory Turnover Calculation

Rapid7's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	231.741	/ (	(0	+	0)	/	1 )
=	231.741	/	0
=	N/A

Rapid7'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 )
=	60.903	/ (	(0	+	0)	/	1 )
=	60.903	/	0
=	N/A

Rapid7 (NAS:RPD) 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.

Rapid7'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
	=	0	/	60.903	*	365 / 4
	=	0.00

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.

Rapid7'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 )
	=	0	/	205.101
	=	0.00

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.

Rapid7 Inventory Turnover Related Terms

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Rapid7 (Rapid7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Rapid7 Inc (NAS:RPD) » Definitions » Inventory Turnover

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Traded in Other Exchanges

R7D:Germany R7D:Germany

Address

120 Causeway Street, Boston, MA, USA, 02114

Website

https://www.rapid7.com

Founded in 2000, Rapid7 is a cybersecurity company that began providing vulnerability management solutions. It has, however, expanded its portfolio to provide extended detection and response, or XDR; security information and event management, or SIEM; cloud security, threat intelligence, and application security; and security orchestration, automation, and response, or SOAR. The Boston-based company went public in 2015.

Executives

Andrew F. Burton	officer: Chief Operating Officer	500 UNICORN PARK DRIVE, WOBURN MA 01801
Marc Evan Brown	director	C/O RAPID7, INC., 100 SUMMER STREET, BOSTON MA 02110
Thomas Corey E.	director, officer: President and CEO	C/O RAPID7, INC., 100 SUMMER STREET, BOSTON MA 02110
Timothy M Adams	officer: Chief Financial Officer	311 ARSENAL STREET, WATERTOWN MA 02472
Thomas E Schodorf	director	C/O SPLUNK INC, 250 BRANNAN STREET, SAN FRANCISCO CA 94107
Christina Luconi	officer: Chief People Officer	C/O RAPID7, INC., 100 SUMMER STREET, BOSTON MA 02110
Peter Kaes	officer: SVP, General Counsel	C/O RAPID7, INC., 100 SUMMER STREET, BOSTON MA 02110
Benjamin Holzman	director, 10 percent owner	C/O BAIN CAPITAL VENTURES, 335 BRYANT STREET, PALO ALTO CA 94301
Jeffrey Kalowski	officer: Chief Financial Officer	10 MAGUIRE ROAD, BUILDING 1, SUITE 125, LEXINGTON MA 02421
Lee David Weiner	officer: Chief Product Officer	C/O RAPID7, INC., 100 SUMMER STREET, BOSTON MA 02110
Michael J Berry	director	C/O INFORMATICA CORPORATION, 2100 SEAPORT BOULEVARD, REDWOOD CITY CA 94063
Judy Bruner	director	C/O SANDISK CORPORATION, 601 MCCARTHY BLVD., MILPITAS CA 95035
Reeny Sondhi	director	C/O RAPID7, INC., 120 CAUSEWAY STREET, BOSTON MA 02114
Christina Kosmowski	director	C/O RAPID7, INC., 120 CAUSEWAY STREET, BOSTON MA 02114
Timothy P Mcadam	director, 10 percent owner, other: May be part of a 13(d) group	250 MIDDLEFIELD RD, MENLO PARK CA 94025