Starrex International (XCNQ:STX) Days Inventory : 0.00 (As of Sep. 2023)

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What is Starrex International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Starrex International's Average Total Inventories for the three months ended in Sep. 2023 was C$0.00 Mil. Starrex International's Cost of Goods Sold for the three months ended in Sep. 2023 was C$1.96 Mil. Hence, Starrex International's Days Inventory for the three months ended in Sep. 2023 was 0.00.

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

XCNQ:STX's Days Inventory is not ranked ^*
in the Banks industry.
Industry Median: 20.295
* Ranked among companies with meaningful Days Inventory only.

Starrex International's Days Inventory stayed the same from Sep. 2022 (0.00) to Sep. 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. Starrex International's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.00.

Starrex International Days Inventory Historical Data

The historical data trend for Starrex International'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.

Starrex International Days Inventory Chart

Starrex International Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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Starrex International Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Starrex International's Days Inventory

For the Mortgage Finance subindustry, Starrex International'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.

Starrex International's Days Inventory Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Starrex International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Starrex International's Days Inventory falls into.

Starrex International Days Inventory Calculation

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

Starrex International's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1.097	*	365
=	0					/	1.097	*	365
=	0.00

Starrex International's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1.956	*	365 / 4
=	0					/	1.956	*	365 / 4
=	0.00

Starrex International (XCNQ:STX) 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.

Starrex International's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.956	/	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.

Starrex International's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	4.255
	=	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.

Starrex International Days Inventory Related Terms

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Starrex International (XCNQ:STX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Starrex International Ltd (XCNQ:STX) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

STXMF:USA

Address

1250, 639 - 5th Avenue South West, Calgary, AB, CAN, T2P 0M9

Website

https://www.starrexintl.com

Starrex International Ltd is engaged in acquiring, managing, and growing companies in the United States active in the mortgage, real estate, and other financial sectors. it operates in three segments; Property Interlink, LLC managed residential appraisals and maintained all of the ordering, tracking, administrative duties and details and ensured the timeliness of appraisals that are handled during a real estate mortgage transaction, MFI Credit Solutions, LLC manages consumer credit reporting and maintains all of the ordering, tracking, administrative duties and details required to support consumer credit reporting activities, and Reliable Valuation Service, LLC provided residential evaluations of residential real estate to third parties.