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Rentokil Initial (LSE:RTO) Days Inventory : 0.00 (As of Dec. 2023)


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What is Rentokil Initial Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rentokil Initial's Average Total Inventories for the six months ended in Dec. 2023 was £208 Mil. Rentokil Initial's Cost of Goods Sold for the six months ended in Dec. 2023 was £0 Mil.

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

LSE:RTO' s Days Inventory Range Over the Past 10 Years
Min: 63.31   Med: 71.17   Max: 87.1
Current: 82.53

During the past 13 years, Rentokil Initial's highest Days Inventory was 87.10. The lowest was 63.31. And the median was 71.17.

LSE:RTO's Days Inventory is ranked worse than
69.9% of 681 companies
in the Business Services industry
Industry Median: 29.1 vs LSE:RTO: 82.53

Rentokil Initial's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Rentokil Initial's Inventory Turnover for the six months ended in Dec. 2023 was 0.00.

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. Rentokil Initial's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.08.


Rentokil Initial Days Inventory Historical Data

The historical data trend for Rentokil Initial'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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Rentokil Initial Days Inventory Chart

Rentokil Initial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.65 74.44 83.25 87.10 82.53

Rentokil Initial Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory 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 - - - - -

Competitive Comparison of Rentokil Initial's Days Inventory

For the Specialty Business Services subindustry, Rentokil Initial'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.


Rentokil Initial's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Rentokil Initial's Days Inventory distribution charts can be found below:

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



Rentokil Initial Days Inventory Calculation

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

Rentokil Initial's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (200 + 207) / 2 ) / 900*365
=203.5 / 900*365
=82.53

Rentokil Initial's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (209 + 207) / 2 ) / 0*365 / 2
=208 / 0*365 / 2
=N/A

* 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.


Rentokil Initial  (LSE:RTO) 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.

Rentokil Initial's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

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.

Rentokil Initial's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

* 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

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.


Rentokil Initial Days Inventory Related Terms

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


Rentokil Initial (LSE:RTO) Business Description

Traded in Other Exchanges
Address
Manor Royal, Compass House, Crawley, West Sussex, GBR, RH10 9PY
Rentokil Initial is a leading global provider of route-based pest-control and commercial hygiene services, operating in 83 countries. The group also offers a range of specialist route-based services including office and commercial space plant care, property care, and workwear rentals. The group has a diverse client base that includes global food producers, hotel chains, industrial goods businesses, restaurants, and individual residential customers.

Rentokil Initial (LSE:RTO) Headlines