DATA Communications Management (TSX:DCM) Inventory Turnover : 3.04 (As of Dec. 2023)

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What is DATA Communications Management 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. DATA Communications Management's Cost of Goods Sold for the three months ended in Dec. 2023 was C$97.2 Mil. DATA Communications Management's Average Total Inventories for the quarter that ended in Dec. 2023 was C$32.0 Mil. DATA Communications Management's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. DATA Communications Management's Days Inventory for the three months ended in Dec. 2023 was 29.99.

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. DATA Communications Management's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.25.

DATA Communications Management Inventory Turnover Historical Data

The historical data trend for DATA Communications Management'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.

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DATA Communications Management Inventory Turnover Chart

DATA Communications Management Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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19.97

17.67

16.06

11.72

13.40

DATA Communications Management Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															2.38	2.69	3.04	2.51	3.04

DATA Communications Management Inventory Turnover Calculation

DATA Communications Management's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	328.814	/ (	(20.22	+	28.84)	/	2 )
=	328.814	/	24.53
=	13.40

DATA Communications Management's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	97.204	/ (	(35.061	+	28.84)	/	2 )
=	97.204	/	31.9505
=	3.04

DATA Communications Management (TSX:DCM) 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.

DATA Communications Management's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	31.9505	/	97.204	*	365 / 4
	=	29.99

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.

DATA Communications Management's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	31.9505	/	129.964
	=	0.25

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.

DATA Communications Management Inventory Turnover Related Terms

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DATA Communications Management (TSX:DCM) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » DATA Communications Management Corp (TSX:DCM) » Definitions » Inventory Turnover

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DCMDF:USA

Address

9195 Torbram Road, Brampton, ON, CAN, L6S 6H2

Website

https://www.datacm.com

DATA Communications Management Corp is a communication solutions partner that adds value for companies across North America by creating connections with their customers. The company serves many brands in the markets including financial services, retail, healthcare, energy, other regulated industries, and the public sector. It generates the majority of its revenue from its product sale. It purchases a product from third-party vendors and resells that to its customers.

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