Rivalry (Rivalry) Inventory Turnover : 0.00 (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Rivalry Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Rivalry's Cost of Goods Sold for the three months ended in Sep. 2023 was $3.53 Mil. Rivalry's Average Total Inventories for the quarter that ended in Sep. 2023 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rivalry's Days Inventory for the three months ended in Sep. 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. Rivalry's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.

Rivalry Inventory Turnover Historical Data

The historical data trend for Rivalry's Inventory Turnover 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.

Rivalry Inventory Turnover Chart

Rivalry Annual Data

Trend

Dec20

Dec21

Dec22

Inventory Turnover

Rivalry Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial								-	-	-	-	-

Rivalry Inventory Turnover Calculation

Rivalry's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	12.385	/ (	(0	+	0)	/	1 )
=	12.385	/	0
=	N/A

Rivalry's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	3.529	/ (	(0	+	0)	/	1 )
=	3.529	/	0
=	N/A

Rivalry (OTCPK:RVLCF) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Rivalry's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	0	/	3.529	*	365 / 4
	=	0.00

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.

Rivalry's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	0	/	6.459
	=	0.00

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Rivalry Inventory Turnover Related Terms

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

Rivalry (Rivalry) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Rivalry Corp (OTCPK:RVLCF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

RVLY:Canada

Address

116 Spadina Avenue, Suite 701, Toronto, ON, CAN, M5V 2K6

Website

https://www.rivalry.com

Rivalry Corp is a Canada based company. The company operates in the Sportsbook segment and Gaming segment. Sportsbook generates revenues from esports and traditional sports betting. Gaming segment revenues are earned from originally developed and third-party casino products such as Rushlane and Aviator.