SATO Technologies (TSXV:SATO) Days Inventory : 0.00 (As of Dec. 2023)

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What is SATO Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SATO Technologies's Average Total Inventories for the three months ended in Dec. 2023 was C$0.00 Mil. SATO Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was C$3.31 Mil. Hence, SATO Technologies's Days Inventory for the three months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for SATO Technologies's Days Inventory or its related term are showing as below:

TSXV:SATO's Days Inventory is not ranked ^*
in the Capital Markets industry.
Industry Median: 61.3
* Ranked among companies with meaningful Days Inventory only.

SATO Technologies's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (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. SATO Technologies's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

SATO Technologies Days Inventory Historical Data

The historical data trend for SATO Technologies's Days 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.

* Premium members only.

SATO Technologies Days Inventory Chart

SATO Technologies Annual Data

Trend

Apr14

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Dec23

Days Inventory

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SATO Technologies Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of SATO Technologies's Days Inventory

For the Capital Markets subindustry, SATO Technologies's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

SATO Technologies's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SATO Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where SATO Technologies's Days Inventory falls into.

SATO Technologies Days Inventory Calculation

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

SATO Technologies's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	12.39	*	365
=	0					/	12.39	*	365
=	0.00

SATO Technologies's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	3.31	*	365 / 4
=	0					/	3.31	*	365 / 4
=	0.00

SATO Technologies (TSXV:SATO) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

SATO Technologies's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.31	/	0
	=

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.

SATO Technologies's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	5.369
	=	0.00

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.

SATO Technologies Days Inventory Related Terms

Thank you for viewing the detailed overview of SATO Technologies's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

SATO Technologies (TSXV:SATO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » SATO Technologies Corp (TSXV:SATO) » Definitions » Days Inventory

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CCPUF:USA

Address

66 Wellington Street West, Suite 5300, Toronto, ON, CAN, M5K 1E6

Website

https://www.bysato.com

SATO Technologies Corp is engaged in the business of utilizing specialized equipment to solve complex computational problems to validate transactions on the Bitcoin blockchain and others. The Group receives digital assets in return for successful service and is primarily engaged in the cryptocurrency mining industry.