Tokens.com (TSXV:COIN) Days Inventory : 0.00 (As of Dec. 2023)

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What is Tokens.com Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tokens.com's Average Total Inventories for the three months ended in Dec. 2023 was C$0.00 Mil. Tokens.com's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.17 Mil. Hence, Tokens.com's Days Inventory for the three months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Tokens.com's Days Inventory or its related term are showing as below:

TSXV:COIN' s Days Inventory Range Over the Past 10 Years
Min: 35.32 Med: 20281.57 Max: 24181.87
Current: 35.32

During the past 4 years, Tokens.com's highest Days Inventory was 24181.87. The lowest was 35.32. And the median was 20281.57.

TSXV:COIN's Days Inventory is ranked better than
55.5% of 218 companies
in the Capital Markets industry
Industry Median: 58.365 vs TSXV:COIN: 35.32

Tokens.com's Days Inventory declined from Dec. 2022 (40.09) 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. Tokens.com's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Tokens.com Days Inventory Historical Data

The historical data trend for Tokens.com'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.

Tokens.com Days Inventory Chart

Tokens.com Annual Data

Trend

Dec20

Dec21

Sep22

Sep23

Days Inventory

16,381.27

24,181.87

Tokens.com Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial							40.09	32.52	-	-	-

Competitive Comparison of Tokens.com's Days Inventory

For the Capital Markets subindustry, Tokens.com'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.

Tokens.com's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Tokens.com's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tokens.com's Days Inventory falls into.

Tokens.com Days Inventory Calculation

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

Tokens.com's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

	Days Inventory (A: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1.107	*	365
=	0					/	1.107	*	365
=	0.00

Tokens.com'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 )	/	0.171	*	365 / 4
=	0					/	0.171	*	365 / 4
=	0.00

Tokens.com (TSXV:COIN) 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.

Tokens.com's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.171	/	0
	=

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.

Tokens.com's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.419
	=	0.00

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.

Tokens.com Days Inventory Related Terms

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

Tokens.com (TSXV:COIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Tokens.com Corp (TSXV:COIN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

SMURF:USA 76M:Germany

Address

100 King Street West, 3400 One First Canadian Place, Toronto, ON, CAN, M5X 1A4

Website

https://www.tokens.com

Tokens.com Corp is traded technology company that invests in web3 assets and builds web3 business. It operates the technology that secures next generation blockchain networks through Proof-of-Stake technology that supports the growth of decentralized finance applications. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. It generate majority of its revenue from staking.