ReadCloud (ASX:RCL) Days Inventory : 0.00 (As of Sep. 2023)

View and export this data going back to 2018. Start your Free Trial

What is ReadCloud Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ReadCloud's Average Total Inventories for the six months ended in Sep. 2023 was A$0.00 Mil. ReadCloud's Cost of Goods Sold for the six months ended in Sep. 2023 was A$0.00 Mil.

The historical rank and industry rank for ReadCloud's Days Inventory or its related term are showing as below:

ASX:RCL's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 19.53
* Ranked among companies with meaningful Days Inventory only.

ReadCloud's Days Inventory stayed the same from Sep. 2022 (0.00) to Sep. 2023 (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. ReadCloud's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.00.

ReadCloud Days Inventory Historical Data

The historical data trend for ReadCloud's Days 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.

* Premium members only.

ReadCloud Days Inventory Chart

ReadCloud Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Sep22

Sep23

Days Inventory

Get a 7-Day Free Trial

ReadCloud Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial						-	-	-	-	-

Competitive Comparison of ReadCloud's Days Inventory

For the Software - Application subindustry, ReadCloud's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ReadCloud's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, ReadCloud's Days Inventory distribution charts can be found below:

* The bar in red indicates where ReadCloud's Days Inventory falls into.

ReadCloud Days Inventory Calculation

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

ReadCloud's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

	Days Inventory (A: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

ReadCloud's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 2
=	0					/	0	*	365 / 2
=	N/A

ReadCloud (ASX:RCL) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

ReadCloud's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

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

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.

ReadCloud's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	2.079
	=	0.00

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

ReadCloud Days Inventory Related Terms

Thank you for viewing the detailed overview of ReadCloud's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

ReadCloud (ASX:RCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ReadCloud Ltd (ASX:RCL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

126 Church Street, Level 1, Brighton, VIC, AUS, 3186

Website

https://www.readcloud.com

ReadCloud Ltd is an education technology company that offers digital e-learning solutions to secondary schools. The firm operates in two segments: eBook solutions, which is the key revenue driver, and Vocational Education and Training (VET). It provides software solutions, including eBooks, to schools within Australia. In addition, it also provides digital VET course materials and services to schools through its subsidiary Australian Institute of Education and Training Unit Trust, PKY Media Pty Ltd and Ripponlea Institute Pty Ltd, which offers over 40 VET courses and services to schools across Australia.