RMA Global (ASX:RMY) Days Inventory : 0.00 (As of Dec. 2023)

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What is RMA Global Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). RMA Global's Average Total Inventories for the six months ended in Dec. 2023 was A$0.00 Mil. RMA Global's Cost of Goods Sold for the six months ended in Dec. 2023 was A$1.41 Mil. Hence, RMA Global's Days Inventory for the six months ended in Dec. 2023 was 0.00.

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

ASX:RMY's Days Inventory is not ranked ^*
in the Interactive Media industry.
Industry Median: 16.81
* Ranked among companies with meaningful Days Inventory only.

RMA Global'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.

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. RMA Global's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

RMA Global Days Inventory Historical Data

The historical data trend for RMA Global'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.

RMA Global Days Inventory Chart

RMA Global Annual Data

Trend

Dec17

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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RMA Global Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial						-	-	-	-	-

Competitive Comparison of RMA Global's Days Inventory

For the Internet Content & Information subindustry, RMA Global'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.

RMA Global's Days Inventory Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, RMA Global's Days Inventory distribution charts can be found below:

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

RMA Global Days Inventory Calculation

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

RMA Global's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	2.801	*	365
=	0					/	2.801	*	365
=	0.00

RMA Global'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
=	( (0	+	0)	/	1 )	/	1.412	*	365 / 2
=	0					/	1.412	*	365 / 2
=	0.00

RMA Global (ASX:RMY) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.412	/	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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	9.249
	=	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.

RMA Global Days Inventory Related Terms

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

RMA Global (ASX:RMY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » RMA Global Ltd (ASX:RMY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

112?114 Balmain Street, Cremorne, Melbourne, VIC, AUS, 3121

Website

https://www.rma-global.com

RMA Global Ltd is an Australia based company. The company is engaged in the online digital marketing business. It provides data on a residential property sale. The company generates revenue from Subscription and Promoter. Geographically, it has a presence in the USA, Australia, and New Zealand. It derives a majority of revenue from Australia.

RMA Global (ASX:RMY) Headlines

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