Emerge Commerce (TSXV:ECOM) Change In Inventory : C$0.63 Mil (TTM As of Dec. 2023)

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What is Emerge Commerce Change In Inventory?

Emerge Commerce's change in inventory for the quarter that ended in Dec. 2023 was C$-0.27 Mil. It means Emerge Commerce's inventory increased by C$0.27 Mil from Sep. 2023 to Dec. 2023 .

Emerge Commerce's change in inventory for the fiscal year that ended in Dec. 2023 was C$0.63 Mil. It means Emerge Commerce's inventory declined by C$0.63 Mil from Dec. 2022 to Dec. 2023 .

Emerge Commerce's Total Inventories for the quarter that ended in Dec. 2023 was C$1.23 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Emerge Commerce's Days Inventory for the quarter that ended in Dec. 2023 was 32.36.

Inventory Turnover measures how fast the company turns over its inventory within a year. Emerge Commerce's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.82.

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. Emerge Commerce's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.18.

Emerge Commerce Change In Inventory Historical Data

The historical data trend for Emerge Commerce'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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Emerge Commerce Change In Inventory Chart

Emerge Commerce Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-0.07

0.21

-0.44

-0.20

0.63

Emerge Commerce Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial													1.17	0.92	-0.11	0.09	-0.27

Emerge Commerce 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.63 Mil.

Emerge Commerce (TSXV:ECOM) Change In Inventory Explanation

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

Emerge Commerce's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.0955	/	3.089	*	365 / 4
	=	32.36

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

Emerge Commerce's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.089	/	1.0955
	=	2.82

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.

Emerge Commerce's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.0955	/	6.214
	=	0.18

Emerge Commerce Change In Inventory Related Terms

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Emerge Commerce (TSXV:ECOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Emerge Commerce Ltd (TSXV:ECOM) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

EMCMF:USA

Address

355 Adelaide Street West, Suite 400, Toronto, ON, CAN, M5V 1S2

Website

https://www.emerge-commerce.com

Emerge Commerce Ltd is a diversified, rapidly growing acquirer and operator of e-commerce brands. The firm's network of subscription and marketplace e-commerce sites provide its members with access to pet products, premium meat and groceries, outdoor gear, golf and other experiences. Its e-commerce portfolio includes WholesalePet.com, trulocal.ca, BattlBox.com, UnderPar.com, JustGolfStuff.ca, CarinvoreClub.co, WagJag.com, and BeRightBack.ca. Geographically, the company operates in Canada and the U.S.

Executives

Drew (charles Andrew) Green

10% Security Holder, Director