CounterPath (TSX:PATH) Change In Inventory : C$0.00 Mil (TTM As of Oct. 2020)

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What is CounterPath Change In Inventory?

CounterPath's change in inventory for the quarter that ended in Oct. 2020 was C$0.00 Mil. It means CounterPath's inventory stayed the same from Jul. 2020 to Oct. 2020 .

CounterPath's change in inventory for the fiscal year that ended in Apr. 2020 was C$0.00 Mil. It means CounterPath's inventory stayed the same from Apr. 2019 to Apr. 2020 .

CounterPath's Total Inventories for the quarter that ended in Oct. 2020 was C$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CounterPath's Days Inventory for the quarter that ended in Oct. 2020 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. CounterPath's Inventory-to-Revenue for the quarter that ended in Oct. 2020 was 0.00.

CounterPath Change In Inventory Historical Data

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

CounterPath Annual Data

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Change In Inventory

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CounterPath Quarterly Data
	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

CounterPath 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 Oct. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

CounterPath (TSX:PATH) Change In Inventory Explanation

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

CounterPath'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	/	0.78	*	365 / 4
	=	0.00

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

CounterPath's Inventory Turnover for the quarter that ended in Oct. 2020 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.78	/	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.

CounterPath's Inventory to Revenue for the quarter that ended in Oct. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	4.774
	=	0.00

CounterPath Change In Inventory Related Terms

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CounterPath (TSX:PATH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CounterPath Corp (TSX:PATH) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

505 Burrard Street, Suite 300, One Bentall Centre, Vancouver, BC, CAN, V7X 1M3

Website

https://www.counterpath.com

CounterPath Corp designs develop and sell software and services that enable enterprises and telecommunication service providers to deliver Unified Communications (UC) services, including voice, video, messaging, and collaboration functionality. Its activities consisted primarily of selling IP telephony software and related services to telecom service providers, enterprises, and channel partners serving the telecom and enterprise segments.