Solution Financial (TSX:SFI) Change In Inventory : C$0.05 Mil (TTM As of Jan. 2024)

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What is Solution Financial Change In Inventory?

Solution Financial's change in inventory for the quarter that ended in Jan. 2024 was C$-0.26 Mil. It means Solution Financial's inventory increased by C$0.26 Mil from Oct. 2023 to Jan. 2024 .

Solution Financial's change in inventory for the fiscal year that ended in Oct. 2023 was C$-0.02 Mil. It means Solution Financial's inventory increased by C$0.02 Mil from Oct. 2022 to Oct. 2023 .

Solution Financial's Total Inventories for the quarter that ended in Jan. 2024 was C$0.75 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Solution Financial's Days Inventory for the quarter that ended in Jan. 2024 was 25.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. Solution Financial's Inventory Turnover for the quarter that ended in Jan. 2024 was 3.53.

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. Solution Financial's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.20.

Solution Financial Change In Inventory Historical Data

The historical data trend for Solution Financial'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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Solution Financial Change In Inventory Chart

Solution Financial Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Change In Inventory

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-0.45

0.64

0.13

-0.05

-0.02

Solution Financial Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Inventory	Get a 7-Day Free Trial															-0.33	0.03	-0.06	0.35	-0.26

Solution Financial 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.05 Mil.

Solution Financial (TSX:SFI) Change In Inventory Explanation

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

Solution Financial's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.619	/	2.185	*	365 / 4
	=	25.85

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

Solution Financial's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.185	/	0.619
	=	3.53

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.

Solution Financial's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.619	/	3.088
	=	0.20

Solution Financial Change In Inventory Related Terms

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Solution Financial (TSX:SFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Solution Financial Inc (TSX:SFI) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

SLNFF:USA

Address

Unit 137 - 8680 Cambie Road, Richmond, BC, CAN, V6X 4K1

Website

https://www.solution.financial

Solution Financial Inc is engaged in retail sales, leases, and financing for high-end automotive vehicles, ultra-luxury vehicles, boats, and commercial equipment. The firm generates the majority of its revenue through the sales and leases of vehicles.

Executives

John Randall Smyth

Director

Solution Financial (TSX:SFI) Headlines

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