DAVIDsTEA (DAVIDsTEA) Change In Inventory : $0.00 Mil (TTM As of Oct. 2022)

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What is DAVIDsTEA Change In Inventory?

DAVIDsTEA's change in inventory for the quarter that ended in Oct. 2022 was $0.00 Mil. It means DAVIDsTEA's inventory stayed the same from Jul. 2022 to Oct. 2022 .

DAVIDsTEA's change in inventory for the fiscal year that ended in Jan. 2022 was $0.00 Mil. It means DAVIDsTEA's inventory stayed the same from Jan. 2021 to Jan. 2022 .

DAVIDsTEA's Total Inventories for the quarter that ended in Oct. 2022 was $21.90 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. DAVIDsTEA's Days Inventory for the quarter that ended in Oct. 2022 was 285.79.

Inventory Turnover measures how fast the company turns over its inventory within a year. DAVIDsTEA's Inventory Turnover for the quarter that ended in Oct. 2022 was 0.32.

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. DAVIDsTEA's Inventory-to-Revenue for the quarter that ended in Oct. 2022 was 1.92.

DAVIDsTEA Change In Inventory Historical Data

The historical data trend for DAVIDsTEA'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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DAVIDsTEA Change In Inventory Chart

DAVIDsTEA Annual Data

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Change In Inventory

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DAVIDsTEA Quarterly Data
	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

DAVIDsTEA 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 Oct. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

DAVIDsTEA (OTCPK:DTEAF) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	22.638	/	7.228	*	365 / 4
	=	285.79

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

DAVIDsTEA's Inventory Turnover for the quarter that ended in Oct. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7.228	/	22.638
	=	0.32

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.

DAVIDsTEA's Inventory to Revenue for the quarter that ended in Oct. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	22.638	/	11.817
	=	1.92

DAVIDsTEA Change In Inventory Related Terms

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DAVIDsTEA (DAVIDsTEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » DAVIDsTEA Inc (OTCPK:DTEAF) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

5430 Ferrier Street, Mount-Royal, QC, CAN, H4P 1M2

Website

https://www.davidstea.com

DAVIDsTEA Inc is a company functional in Canada's packaged foods market. Operating as a branded retailer of different types of tea, the company serves through DAVIDsTEA stores and its website, davidstea.com. Its business involves the sale of three main products; Tea, Tea Accessories and Food and Beverages. Tea products such as loose-leaf teas, pre-packaged teas, and tea sachets account for the majority of the company's sales. The Company has two operating segments, Canada, and the U.S; that derive their revenues from various distribution channels including online, retail and wholesale. The Company derives revenue from Tea, Tea accessories and Food and beverages products. Majority revenue is derived from Tea products.