ReadyTech Holdings (ASX:RDY) Change In Inventory : A$0.0 Mil (TTM As of Dec. 2023)

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What is ReadyTech Holdings Change In Inventory?

ReadyTech Holdings's change in inventory for the quarter that ended in Dec. 2023 was A$0.0 Mil. It means ReadyTech Holdings's inventory stayed the same from Jun. 2023 to Dec. 2023 .

ReadyTech Holdings's change in inventory for the fiscal year that ended in Jun. 2023 was A$0.0 Mil. It means ReadyTech Holdings's inventory stayed the same from Jun. 2022 to Jun. 2023 .

ReadyTech Holdings's Total Inventories for the quarter that ended in Dec. 2023 was A$0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ReadyTech Holdings's Days Inventory for the quarter that ended in Dec. 2023 was 0.00.

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

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. ReadyTech Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

ReadyTech Holdings Change In Inventory Historical Data

The historical data trend for ReadyTech Holdings's Change In Inventory 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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ReadyTech Holdings Change In Inventory Chart

ReadyTech Holdings Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Inventory

ReadyTech Holdings Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial						-	-	-	-	-

ReadyTech Holdings Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.0 Mil.

ReadyTech Holdings (ASX:RDY) Change In Inventory Explanation

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

ReadyTech Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	4.732	*	365 / 2
	=	0.00

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

ReadyTech Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.732	/	0
	=	N/A

3. 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.

ReadyTech Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	54.726
	=	0.00

ReadyTech Holdings Change In Inventory Related Terms

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ReadyTech Holdings (ASX:RDY) Business Description

Industry

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Traded in Other Exchanges

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Address

77 King Street, Level 2, Sydney, NSW, AUS, 2000

Website

https://www.readytech.com.au

ReadyTech Holdings Ltd is a provider of people management software for educators, employers, and facilitators of career transitions. Its products are JR Plus, A2E, HR3, ePayroll, JR Gov, Aussiepay, and others. The company's operating segments include Education and Work pathways, Workforce Solutions, and Government and Justice. It generates maximum revenue from the Education segment. The education segment mainly provides products and services to tertiary education providers. Its Workforce segment provides products and services to a mid-sized company across various industries. The Government division provides government and justice case management software as a service solution to local governments, state governments and justice departments.