VERSES AI (VERSES AI) Days Inventory : 0.00 (As of Dec. 2023)

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What is VERSES AI Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). VERSES AI's Average Total Inventories for the three months ended in Dec. 2023 was $0.00 Mil. VERSES AI's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.40 Mil. Hence, VERSES AI's Days Inventory for the three months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for VERSES AI's Days Inventory or its related term are showing as below:

VRSSF's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 19.61
* Ranked among companies with meaningful Days Inventory only.

VERSES AI'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. VERSES AI's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

VERSES AI Days Inventory Historical Data

The historical data trend for VERSES AI'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.

VERSES AI Days Inventory Chart

VERSES AI Annual Data

Trend

Mar22

Mar23

Days Inventory

VERSES AI Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial						-	-	-	-	-

Competitive Comparison of VERSES AI's Days Inventory

For the Software - Infrastructure subindustry, VERSES AI'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.

VERSES AI's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, VERSES AI's Days Inventory distribution charts can be found below:

* The bar in red indicates where VERSES AI's Days Inventory falls into.

VERSES AI Days Inventory Calculation

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

VERSES AI's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1.135	*	365
=	0					/	1.135	*	365
=	0.00

VERSES AI'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 )	/	0.397	*	365 / 4
=	0					/	0.397	*	365 / 4
=	0.00

VERSES AI (OTCPK:VRSSF) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.397	/	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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.545
	=	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.

VERSES AI Days Inventory Related Terms

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VERSES AI (VERSES AI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » VERSES AI Inc (OTCPK:VRSSF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

J9A:Germany VERS:Canada

Address

205 - 810 Quayside Drive, New Westminster, BC, CAN, V3M 6B9

Website

https://www.verses.ai

VERSES AI Inc is a cognitive computing company specializing in next-generation AI and developer of KOSM, the world's first network operating system for enabling distributed intelligence. KOSM generates a shared world model of contextualized data, policies, simulations, and workflows.