Renew Holdings (LSE:RNWH) Days Inventory : 1.63 (As of Mar. 2024)

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What is Renew Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Renew Holdings's Average Total Inventories for the six months ended in Mar. 2024 was £4.1 Mil. Renew Holdings's Cost of Goods Sold for the six months ended in Mar. 2024 was £456.7 Mil. Hence, Renew Holdings's Days Inventory for the six months ended in Mar. 2024 was 1.63.

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

LSE:RNWH' s Days Inventory Range Over the Past 10 Years
Min: 1.01 Med: 1.88 Max: 3.98
Current: 1.67

During the past 13 years, Renew Holdings's highest Days Inventory was 3.98. The lowest was 1.01. And the median was 1.88.

LSE:RNWH's Days Inventory is ranked better than
92.9% of 1395 companies
in the Construction industry
Industry Median: 48.75 vs LSE:RNWH: 1.67

Renew Holdings's Days Inventory increased from Mar. 2023 (1.46) to Mar. 2024 (1.63). It might indicate that Renew Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Renew Holdings's Inventory Turnover for the six months ended in Mar. 2024 was 111.78.

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. Renew Holdings's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.01.

Renew Holdings Days Inventory Historical Data

The historical data trend for Renew Holdings'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.

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Renew Holdings Days Inventory Chart

Renew Holdings Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Inventory

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1.53

1.47

1.01

1.23

1.57

Renew Holdings Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Inventory	Get a 7-Day Free Trial															1.10	1.22	1.46	1.77	1.63

Competitive Comparison of Renew Holdings's Days Inventory

For the Engineering & Construction subindustry, Renew Holdings'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.

Renew Holdings's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Renew Holdings's Days Inventory distribution charts can be found below:

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

Renew Holdings Days Inventory Calculation

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

Renew Holdings'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
=	( (2.613	+	4.169)	/	2 )	/	786.503	*	365
=	3.391					/	786.503	*	365
=	1.57

Renew Holdings's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (4.169	+	4.002)	/	2 )	/	456.68	*	365 / 2
=	4.0855					/	456.68	*	365 / 2
=	1.63

Renew Holdings (LSE:RNWH) 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.

Renew Holdings's Inventory Turnover for the six months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	456.68	/	4.0855
	=	111.78

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.

Renew Holdings's Inventory to Revenue for the six months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.0855	/	527.776
	=	0.01

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.

Renew Holdings Days Inventory Related Terms

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

Renew Holdings (LSE:RNWH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Renew Holdings PLC (LSE:RNWH) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

3175 Century Way, Thorpe Park, Leeds, GBR, LS15 8ZB

Website

https://www.renewholdings.com

Renew Holdings PLC provides multidisciplinary engineering services to the energy, environmental, infrastructure, and specialist building sectors in the United Kingdom. Its activity is operated through the following business segments: which include Engineering Services, Specialist Building, and Central Activities. Engineering Services comprises the Group's engineering activities. Specialist Building comprises the Group's building activities. The Central activities include the sale of land, the leasing, and sub-leasing of properties. The company derives the maximum revenue from the Engineering service segment.

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