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Quest Patent Research (Quest Patent Research) Days Inventory : 0.00 (As of Dec. 2023)


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What is Quest Patent Research Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Quest Patent Research's Average Total Inventories for the three months ended in Dec. 2023 was $0.00 Mil. Quest Patent Research's Cost of Goods Sold for the three months ended in Dec. 2023 was $4.92 Mil. Hence, Quest Patent Research's Days Inventory for the three months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Quest Patent Research's Days Inventory or its related term are showing as below:

QPRC's Days Inventory is not ranked *
in the Business Services industry.
Industry Median: 29.1
* Ranked among companies with meaningful Days Inventory only.

Quest Patent Research'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. Quest Patent Research's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


Quest Patent Research Days Inventory Historical Data

The historical data trend for Quest Patent Research'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.

Quest Patent Research Days Inventory Chart

Quest Patent Research Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Quest Patent Research 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 Quest Patent Research's Days Inventory

For the Consulting Services subindustry, Quest Patent Research'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.


Quest Patent Research's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Quest Patent Research's Days Inventory distribution charts can be found below:

* The bar in red indicates where Quest Patent Research's Days Inventory falls into.



Quest Patent Research Days Inventory Calculation

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

Quest Patent Research'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 ) / 5.535*365
=0 / 5.535*365
=0.00

Quest Patent Research'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 ) / 4.921*365 / 4
=0 / 4.921*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.


Quest Patent Research  (OTCPK:QPRC) 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.

Quest Patent Research'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.

Quest Patent Research'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.


Quest Patent Research Days Inventory Related Terms

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


Quest Patent Research (Quest Patent Research) Business Description

Traded in Other Exchanges
N/A
Address
411 Theodore Fremd Avenue, Suite 206S, Rye, NY, USA, 10580-1411
Quest Patent Research Corp is an intellectual property asset management company. The company is engaged in the development, acquisition, licensing and enforcement of intellectual property rights. Its intellectual property portfolios consist of mobile data, online marketing, sweepstakes, promotions, and rewards, flexible packaging, universal financial data system, rich media, anchor structure portfolio, power management/bus control portfolio, and diode on-chip portfolio. The company has two segments namely intellectual property licensing and licensed packaging sales. It generates revenue from patent licensing fees, management fees, and licensed packaging sales.
Executives
Timothy J Scahill director 472 WHITING ROAD, WEBSTER NY 14580
William Ryall Carroll director 242 WEST 104TH ST, APT 6ER, NEW YORK NY 10025
Robert Christopher Paladino director 7811 VALENCIA COURT, NAPLES FL 34113
Jon Charles Scahill director, officer: President & COO 24 GREENHAVEN RD., RYE NY 10580-1018