Rapid Nutrition (XPAR:ALRPD) Inventory Turnover : 4.01 (As of Dec. 2023)

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What is Rapid Nutrition 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. Rapid Nutrition's Cost of Goods Sold for the six months ended in Dec. 2023 was €0.54 Mil. Rapid Nutrition's Average Total Inventories for the quarter that ended in Dec. 2023 was €0.13 Mil. Rapid Nutrition's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rapid Nutrition's Days Inventory for the six months ended in Dec. 2023 was 45.54.

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. Rapid Nutrition's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.22.

Rapid Nutrition Inventory Turnover Historical Data

The historical data trend for Rapid Nutrition'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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Rapid Nutrition Inventory Turnover Chart

Rapid Nutrition Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Dec21

Dec22

Dec23

Inventory Turnover

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0.41

3.10

2.78

3.91

8.22

Rapid Nutrition Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial													1.16	0.33	2.70	2.04	4.01

Rapid Nutrition Inventory Turnover Calculation

Rapid Nutrition'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 )
=	0.789	/ (	(0.086	+	0.106)	/	2 )
=	0.789	/	0.096
=	8.22

Rapid Nutrition'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 )
=	0.537	/ (	(0.162	+	0.106)	/	2 )
=	0.537	/	0.134
=	4.01

Rapid Nutrition (XPAR:ALRPD) 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.

Rapid Nutrition'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
	=	0.134	/	0.537	*	365 / 2
	=	45.54

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.

Rapid Nutrition'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 )
	=	0.134	/	0.616
	=	0.22

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.

Rapid Nutrition Inventory Turnover Related Terms

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Rapid Nutrition (XPAR:ALRPD) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Rapid Nutrition PLC (XPAR:ALRPD) » Definitions » Inventory Turnover

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0RNS:UK

Address

124 City Road, London, GBR, EC1V 2NX

Website

https://www.rnplc.com

Rapid Nutrition PLC is a natural healthcare company. The company is engaged in development and distribution of premium, science based health and wellness brands. The company's Flagship brands are, 1) SystemLS; 2) Leisa's Secret and 3) The Plant-Based Bundle.

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