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Bitcoin Well (Bitcoin Well) Change In Inventory : $0.08 Mil (TTM As of Dec. 2023)


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What is Bitcoin Well Change In Inventory?

Bitcoin Well's change in inventory for the quarter that ended in Dec. 2023 was $-0.21 Mil. It means Bitcoin Well's inventory increased by $0.21 Mil from Sep. 2023 to Dec. 2023 .

Bitcoin Well's change in inventory for the fiscal year that ended in Dec. 2023 was $0.09 Mil. It means Bitcoin Well's inventory declined by $0.09 Mil from Dec. 2022 to Dec. 2023 .

Bitcoin Well's Total Inventories for the quarter that ended in Dec. 2023 was $0.44 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bitcoin Well's Days Inventory for the quarter that ended in Dec. 2023 was 3.39.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bitcoin Well's Inventory Turnover for the quarter that ended in Dec. 2023 was 26.90.

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. Bitcoin Well's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.

Bitcoin Well Change In Inventory Historical Data

The historical data trend for Bitcoin Well'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.

* Premium members only.

Bitcoin Well Change In Inventory Chart

Bitcoin Well Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
-0.04 -3.78 3.66 -0.20 0.09

Bitcoin Well Quarterly Data
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.36 0.15 0.02 0.12 -0.21

Bitcoin Well 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 $0.08 Mil.

* 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.

Bitcoin Well  (OTCPK:BCNWF) Change In Inventory Explanation

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

Bitcoin Well's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.337/9.066*365 / 4
=3.39

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

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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=9.066 / 0.337
=26.90

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.337 / 10.13
=0.03

* 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.

Bitcoin Well Change In Inventory Related Terms

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Bitcoin Well (Bitcoin Well) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bitcoin Well Inc (OTCPK:BCNWF) » Definitions » Change In Inventory
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Traded in Other Exchanges
BTCW:Canada
Address
10142 82 Avenue NW, Suite 1900, Edmonton, AB, CAN, T6E 1Z4
Website
https://www.bitcoinwell.com
Bitcoin Well Inc offers ways to buy and sell bitcoin and other cryptocurrencies through a Bitcoin ATM network and suite of web-based transaction services.