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Marathon Digital Holdings (Marathon Digital Holdings) Days Inventory : 0.00 (As of Dec. 2023)


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What is Marathon Digital Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Marathon Digital Holdings's Average Total Inventories for the three months ended in Dec. 2023 was $0.0 Mil. Marathon Digital Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $146.1 Mil. Hence, Marathon Digital Holdings's Days Inventory for the three months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Marathon Digital Holdings's Days Inventory or its related term are showing as below:

MARA's Days Inventory is not ranked *
in the Capital Markets industry.
Industry Median: 58.365
* Ranked among companies with meaningful Days Inventory only.

Marathon Digital Holdings'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. Marathon Digital Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


Marathon Digital Holdings Days Inventory Historical Data

The historical data trend for Marathon Digital Holdings'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.

Marathon Digital Holdings Days Inventory Chart

Marathon Digital Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Marathon Digital Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Marathon Digital Holdings's Days Inventory

For the Capital Markets subindustry, Marathon Digital Holdings'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.


Marathon Digital Holdings's Days Inventory Distribution in the Capital Markets Industry

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

* The bar in red indicates where Marathon Digital Holdings's Days Inventory falls into.



Marathon Digital Holdings Days Inventory Calculation

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

Marathon Digital Holdings'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 ) / 402.851*365
=0 / 402.851*365
=0.00

Marathon Digital Holdings'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 ) / 146.068*365 / 4
=0 / 146.068*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.


Marathon Digital Holdings  (NAS:MARA) 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.

Marathon Digital Holdings's Inventory Turnover for the three months ended in Dec. 2023 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.

Marathon Digital Holdings's Inventory to Revenue for the three months ended in Dec. 2023 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.


Marathon Digital Holdings Days Inventory Related Terms

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


Marathon Digital Holdings (Marathon Digital Holdings) Business Description

Traded in Other Exchanges
Address
101 NE Third Avenue, Suite 1200, Fort Lauderdale, FL, USA, 33301
Marathon Digital Holdings Inc focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The Company currently operates in the Digital Currency Blockchain segment. The Company's Crypto-currency Machines are located in the United States.
Executives
Ashu Swami officer: Chief Technical Officer MARATHON DIGITAL,, 101 NE 3RD AVE, STE 1200, FORT LAUDERDALE FL 33301
Said Ouissal director VIOLIN MEMORY, INC., 4555 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Salman Hassan Khan officer: CFO 25651 BIRCHLEAF CT, VALENCIA CA 91381
Douglas K Mellinger director PRT GROUP INC, 342 MADISON AVE 11TH FL, NEW YORK NY 10173
Frederick G Thiel director 7555 IRVINE CENTER DRIVE, IRVINE CA 92618
Kevin A Denuccio director 300 HOLGER WAY, SAN JOSE CA 95134
Merrick D Okamoto director 1180 NORTH TOWN CENTER DRIVE, SUITE 100,, LAS VEGAS NV 89144
Jay P Leupp director 16435 N. SCOTTSDALE ROAD, SUITE 320, SCOTTSDALE AZ 85254
Georges Antoun director C/O FIRST SOLAR, INC., 350 WEST WASHINGTON ST., SUITE 600, TEMPE AZ 85281
Sarita M. James director 200 CHAMBERS ST, 22D, NEW YORK NY 10007
Simeon Salzman officer: CHIEF FINANCIAL OFFICER 1180 NORTH TOWN CENTER DRIVE, SUITE 100, LAS VEGAS NV 89144
Peter Benz director 171 MADISON AVE., 17 FL.,, NEW YORK NY 10016
Michael Carroll Berg director 1881 CARIGNAN WAY, YOUNTVILLE CA 94599
James Crawford officer: CHIEF OPERATING OFFICER 4215 324TH AVE. SE, FALL CITY WA 98024
Michael Rudolph director 1325 HOWARD AVE, PMB 422, BURLINGAME CA 94010