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The RealReal (The RealReal) Total Inventories : $21.1 Mil (As of Mar. 2024)


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What is The RealReal Total Inventories?

The RealReal's total inventories for the quarter that ended in Mar. 2024 was $21.1 Mil. The RealReal's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $21.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. The RealReal's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-5.36.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The RealReal's Days Inventory for the three months ended in Mar. 2024 was 54.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. The RealReal's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.68.

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. The RealReal's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.15.


The RealReal Total Inventories Historical Data

The historical data trend for The RealReal's Total Inventories 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.

The RealReal Total Inventories Chart

The RealReal Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial 21.92 42.32 71.02 42.97 22.25

The RealReal Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.84 25.90 24.66 22.25 21.12

The RealReal Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


The RealReal  (NAS:REAL) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

The RealReal's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(165.996+0.75 * 19.819+0.5 * 21.12-758.632
-0-0)/105.918
=-5.36

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

The RealReal'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
=21.683/36.521*365 / 4
=54.18

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

The RealReal's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=36.521 / 21.683
=1.68

4. 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.

The RealReal'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 )
=21.683 / 143.8
=0.15

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


The RealReal Total Inventories Related Terms

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The RealReal (The RealReal) Business Description

Traded in Other Exchanges
Address
55 Francisco Street, Suite 400, San Francisco, CA, USA, 94133
The RealReal is the largest luxury resale platform in the U.S., generating $1.8 billion in 2022 gross merchandise volume and addressing a niche (personal luxury resale) that had previously been serviced by inefficient upscale boutiques and local pawn shops. The firm generates revenue via consignment and first-party sales on its online marketplace, and through direct sales across its brick-and-mortar footprint. With a hands-on approach that actively sources inventory and authenticates every item on its platform, The RealReal is able to justify much higher take rates than peers, working out to roughly 35% of net merchandise value, which excludes returns, cancellations, and first-party sales.
Executives
John E Koryl director, officer: Chief Executive Officer 55 FRANCISCO STREET 4TH FLOOR, SAN FRANCISCO CA 94133
Levesque Rati Sahi officer: Chief Operating Officer 55 FRANCISCO, SAN FRANCISCO CA 94133
Robert J Krolik director 873 SANTA CRUZ AVE, SUITE 206, MENLO PARK CA 94025
Luke Thomas Friang officer: Chief Product & Tech Officer 20614 NE 38TH STREET, SAMMAMISH WA 98074
Todd A Suko officer: Chief Legal Officer and Secy. 7251 WEST 4TH STREET, GREELEY CO 80634
Steve Ming Lo officer: VP, Corporate Controller 55 FRANCISCO ST, 6TH FLOOR, SAN FRANCISCO CA 94133
Robert K. Julian officer: Chief Financial Officer C/O SPORTSMAN'S WAREHOUSE, 7035 SOUTH HIGH TECH DRIVE, MIDVALE UT 84047
James R. Miller director 4050 EAST COTTON CENTER BLVD. 6-68, PHOENIX AZ 85040
Julie Wainwright director, officer: CEO, President and Chairperson C/O THE REALREAL, INC., 55 FRANCISCO STREET, SUITE 600, SAN FRANCISCO CA 94133
Arnon Katz officer: Chief Product & Technology Off 3331 VERDUN AVE, SAN MATEO CA 94403
Matt Gustke officer: Chief Financial Officer 55 FRANCISCO ST, 6TH FLOOR, SAN FRANCISCO CA 94133
Karen Katz director
Fredrik Bjork officer: Chief Technology Officer 55 FRANCISCO ST, 6TH FLOOR, SAN FRANCISCO CA 94133
Baird Gilbert L. Iii director 5075 S. SYRACUSE ST., DENVER CO 80237
Michael Andrew Kumin director C/O GREAT HILL PARTNERS, L.P., 200 CLARENDON STREET, 29TH FLOOR, BOSTON MA 02116