Redde (LSE:REDD) Change In Inventory : £0.0 Mil (TTM As of Jun. 2019)

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What is Redde Change In Inventory?

Redde's change in inventory for the quarter that ended in Jun. 2019 was £0.0 Mil. It means Redde's inventory stayed the same from Dec. 2018 to Jun. 2019 .

Redde's change in inventory for the fiscal year that ended in Jun. 2019 was £0.0 Mil. It means Redde's inventory stayed the same from Jun. 2018 to Jun. 2019 .

Redde's Total Inventories for the quarter that ended in Jun. 2019 was £0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Redde's Days Inventory for the quarter that ended in Jun. 2019 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. Redde's Inventory-to-Revenue for the quarter that ended in Jun. 2019 was 0.00.

Redde Change In Inventory Historical Data

The historical data trend for Redde'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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Redde Change In Inventory Chart

Redde Annual Data

Trend

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Change In Inventory

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Redde Semi-Annual Data
	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Redde 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 Jun. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.0 Mil.

Redde (LSE:REDD) Change In Inventory Explanation

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

Redde'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	/	227.672	*	365 / 2
	=	0.00

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

Redde's Inventory Turnover for the quarter that ended in Jun. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	227.672	/	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.

Redde's Inventory to Revenue for the quarter that ended in Jun. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	298.651
	=	0.00

Redde Change In Inventory Related Terms

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Redde (LSE:REDD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Redde PLC (LSE:REDD) » Definitions » Change In Inventory

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Traded in Other Exchanges

N/A

Address

Lower Bristol Road, Pinesgate, Bath, GBR, BA2 3DP

Website

http://www.redde.com

Redde PLC is engaged in the provision of non-fault accident management assistance and related services, fleet management and legal services in the United Kingdom. It generates revenue from insurance claims and invoiced for services. The company serves insurance companies, brokers, intermediaries, automotive dealerships and manufacturers, and others.

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