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SmartChase Corp (OTCPK:SCHS)
Days Inventory
0.00 (As of Mar. 2016)

SmartChase Corp's average inventory for the three months ended in Mar. 2016 was \$0.00 Mil. SmartChase Corp's cost of goods sold for the three months ended in Mar. 2016 was \$0.00 Mil.

SmartChase Corp's days inventory stayed the same from Mar. 2015 (0.00) to Mar. 2016 (0.00).

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

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

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.

Definition

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

SmartChase Corp's Days Inventory for the fiscal year that ended in Dec. 2015 is calculated as

 Days Inventory (A: Dec. 2015 ) = Average Inventory / COGS * Days in Period = ( (Inventory (A: Dec. 2014 ) + Inventory (A: Dec. 2015 )) / 2 ) / COGS (A: Dec. 2015 ) * Days in Period = ( (0 + 0) / 2 ) / 0 * 365 = 0 / 0 * 365 = N/A

SmartChase Corp's Days Inventory for the quarter that ended in Mar. 2016 is calculated as:

 Days Inventory (Q: Mar. 2016 ) = Average Inventory / COGS * Days in Period = ( (Inventory (Q: Dec. 2015 ) + Inventory (Q: Mar. 2016 )) / 2 ) / COGS (Q: Mar. 2016 ) * Days in Period = ( (0 + 0) / 2 ) / 0 * 365 / 4 = 0 / 0 * 365 / 4 = N/A

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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).

SmartChase Corp's Days Sales of Inventory for the three months ended in Mar. 2016 is calculated as

 Days Sales of Inventory (DSI) = Average Inventory / Revenue * Days in Period = 0 / 0 * 365 / 4 =

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

SmartChase Corp's Inventory Turnover for the three months ended in Mar. 2016 is calculated as

 Inventory Turnover = Cost of Goods Sold / Average Inventory = 0 / 0 =

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.

SmartChase Corp's Inventory to Revenue for the three months ended in Mar. 2016 is calculated as

 Inventory to Revenue = Average Inventory / Revenue = 0 / 0 =

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

SmartChase Corp Annual Data

 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 DaysInventory 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

SmartChase Corp Quarterly Data

 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 DaysInventory 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
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