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Digital Brand Media & Marketing Group (Digital Brand Media & Marketing Group) Days Inventory : 0.00 (As of Feb. 2024)


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What is Digital Brand Media & Marketing Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Digital Brand Media & Marketing Group's Average Total Inventories for the three months ended in Feb. 2024 was $0.00 Mil. Digital Brand Media & Marketing Group's Cost of Goods Sold for the three months ended in Feb. 2024 was $0.07 Mil. Hence, Digital Brand Media & Marketing Group's Days Inventory for the three months ended in Feb. 2024 was 0.00.

The historical rank and industry rank for Digital Brand Media & Marketing Group's Days Inventory or its related term are showing as below:

DBMM's Days Inventory is not ranked *
in the Media - Diversified industry.
Industry Median: 26.06
* Ranked among companies with meaningful Days Inventory only.

Digital Brand Media & Marketing Group's Days Inventory stayed the same from Feb. 2023 (0.00) to Feb. 2024 (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. Digital Brand Media & Marketing Group's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.00.


Digital Brand Media & Marketing Group Days Inventory Historical Data

The historical data trend for Digital Brand Media & Marketing Group'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.

Digital Brand Media & Marketing Group Days Inventory Chart

Digital Brand Media & Marketing Group Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Inventory
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Digital Brand Media & Marketing Group 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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Competitive Comparison of Digital Brand Media & Marketing Group's Days Inventory

For the Advertising Agencies subindustry, Digital Brand Media & Marketing Group'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.


Digital Brand Media & Marketing Group's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Digital Brand Media & Marketing Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Digital Brand Media & Marketing Group's Days Inventory falls into.



Digital Brand Media & Marketing Group Days Inventory Calculation

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

Digital Brand Media & Marketing Group's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

Days Inventory (A: Aug. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0.261*365
=0 / 0.261*365
=0.00

Digital Brand Media & Marketing Group's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0.065*365 / 4
=0 / 0.065*365 / 4
=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.


Digital Brand Media & Marketing Group  (OTCPK:DBMM) 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.

Digital Brand Media & Marketing Group's Inventory Turnover for the three months ended in Feb. 2024 is calculated as

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.

Digital Brand Media & Marketing Group's Inventory to Revenue for the three months ended in Feb. 2024 is calculated as

* 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

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.


Digital Brand Media & Marketing Group Days Inventory Related Terms

Thank you for viewing the detailed overview of Digital Brand Media & Marketing Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Digital Brand Media & Marketing Group (Digital Brand Media & Marketing Group) Business Description

Traded in Other Exchanges
N/A
Address
845 Third Avenue, 6th Floor, New York, NY, USA, 10022
Digital Brand Media & Marketing Group Inc is involved in the business of crafting, designing, and executing digital marketing strategies across multiple advertising platforms and social media networks for an array of clients to increase return on investment. The company generates revenue through Pay-Per-Click Advertising, Search Engine Marketing, Search Engine Optimization Services, Web Design, Social Media, Digital analytics and Advisory Services. It promotes and sells its services under the brand name of Digital Clarity.
Executives
Linda Perry director 400 EAST 54TH STREET, APT 28E, NEW YORK NY 10022
Reggie James director HOLLYDALE SNOWDENHAM LANE, BRAMLEY, SURRY X0 GU5 0AT

Digital Brand Media & Marketing Group (Digital Brand Media & Marketing Group) Headlines