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DGTL Holdings (TSXV:DGTL) Inventory Turnover : 0.00 (As of Feb. 2024)


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What is DGTL Holdings 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. DGTL Holdings's Cost of Goods Sold for the three months ended in Feb. 2024 was C$0.15 Mil. DGTL Holdings's Average Total Inventories for the quarter that ended in Feb. 2024 was C$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. DGTL Holdings's Days Inventory for the three months ended in Feb. 2024 was 0.00.

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. DGTL Holdings's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.00.


DGTL Holdings Inventory Turnover Historical Data

The historical data trend for DGTL Holdings'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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DGTL Holdings Inventory Turnover Chart

DGTL Holdings Annual Data
Trend May19 May20 May21 May22 May23
Inventory Turnover
- - - - -

DGTL Holdings Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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DGTL Holdings Inventory Turnover Calculation

DGTL Holdings's Inventory Turnover for the fiscal year that ended in May. 2023 is calculated as

Inventory Turnover (A: May. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: May. 2023 ) / ((Total Inventories (A: May. 2022 ) + Total Inventories (A: May. 2023 )) / count )
=1.454 / ((0 + 0) / 1 )
=1.454 / 0
=N/A

DGTL Holdings's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover (Q: Feb. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Feb. 2024 ) / ((Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count )
=0.15 / ((0 + 0) / 1 )
=0.15 / 0
=N/A

* 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.


DGTL Holdings  (TSXV:DGTL) 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.

DGTL Holdings's Days Inventory for the three months ended in Feb. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Feb. 2024 )/Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=0/0.15*365 / 4
=0.00

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.

DGTL Holdings's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=0 / 0.216
=0.00

* 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.


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.


DGTL Holdings Inventory Turnover Related Terms

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DGTL Holdings (TSXV:DGTL) Business Description

Traded in Other Exchanges
Address
1 Adelaide Street East, Suite 801, Toronto, ON, CAN, M5C 2V9
DGTL Holdings Inc is a disruptive digital media and advertising technology company, powered by artificial intelligence. The company engaged in accelerating fully commercialized enterprise-level software-as-a-service companies via a blend of unique capitalization structures, including investment, mergers, and acquisitions, earnouts, and licensing structures. The Company has one reportable operating segment Engagement Labs Inc., an enterprise-level social intelligence technology company located in Canada.
Executives
John David Alexander Belfontaine 10% Security Holder, Director, Senior Officer

DGTL Holdings (TSXV:DGTL) Headlines

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