Switch to:
Digital Cinema Destinations Corp (NAS:DCIN)
Days Inventory
3.72 (As of Mar. 2014)

Digital Cinema Destinations Corp's average inventory for the three months ended in Mar. 2014 was \$0.15 Mil. Digital Cinema Destinations Corp's cost of goods sold for the three months ended in Mar. 2014 was \$3.66 Mil. Hence, Digital Cinema Destinations Corp's days inventory for the three months ended in Mar. 2014 was 3.72.

Digital Cinema Destinations Corp's days inventory declined from Mar. 2013 (4.52) to Mar. 2014 (3.72).

Inventory can be measured by Days Sales of Inventory (DSI). Digital Cinema Destinations Corp's days sales of inventory (DSI) for the three months ended in Mar. 2014 was 1.35.

Inventory turnover measures how fast the company turns over its inventory within a year. Digital Cinema Destinations Corp's inventory turnover for the three months ended in Mar. 2014 was 24.54.

Inventory to revenue ratio 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. Digital Cinema Destinations Corp's inventory to revenue ratio for the three months ended in Mar. 2014 was 0.01.

Definition

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

Digital Cinema Destinations Corp's Days Inventory for the fiscal year that ended in Jun. 2013 is calculated as

 Days Inventory (A: Jun. 2013 ) = Average Inventory / COGS * Days in Period = ( (Inventory (A: Jun. 2012 ) + Inventory (A: Jun. 2013 )) / 2 ) / COGS (A: Jun. 2013 ) * Days in Period = ( (0.078 + 0.191) / 2 ) / 17.982 * 365 = 0.1345 / 17.982 * 365 = 2.73

Digital Cinema Destinations Corp's Days Inventory for the quarter that ended in Mar. 2014 is calculated as:

 Days Inventory (Q: Mar. 2014 ) = Average Inventory / COGS * Days in Period = ( (Inventory (Q: Dec. 2013 ) + Inventory (Q: Mar. 2014 )) / 2 ) / COGS (Q: Mar. 2014 ) * Days in Period = ( (0.148 + 0.15) / 2 ) / 3.656 * 365 / 4 = 0.149 / 3.656 * 365 / 4 = 3.72

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Inventory can be measured by Days Sales of Inventory (DSI).

Digital Cinema Destinations Corp's Days Sales of Inventory for the three months ended in Mar. 2014 is calculated as

 Days Sales of Inventory (DSI) = Average Inventory / Revenue * Days in Period = 0.149 / 10.054 * 365 / 4 = 1.35

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

Digital Cinema Destinations Corp's Inventory Turnover for the three months ended in Mar. 2014 is calculated as

 Inventory Turnover = Cost of Goods Sold / Average Inventory = 3.656 / 0.149 = 24.54

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.

Digital Cinema Destinations Corp's Inventory to Revenue for the three months ended in Mar. 2014 is calculated as

 Inventory to Revenue = Average Inventory / Revenue = 0.149 / 10.054 = 0.01

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Digital Cinema Destinations Corp Annual Data

 Jun12 Jun13 DaysInventory 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 7.43 2.73

Digital Cinema Destinations Corp Quarterly Data

 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 DaysInventory 3.59 3.00 1.89 4.49 4.01 4.52 1.53 3.76 3.21 3.72
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to \$400 per referral. ( Learn More)