Banxa Holdings (Banxa Holdings) Change In Inventory : $-0.0 Mil (TTM As of Dec. 2023)

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What is Banxa Holdings Change In Inventory?

Banxa Holdings's change in inventory for the quarter that ended in Dec. 2023 was $0.0 Mil. It means Banxa Holdings's inventory declined by $0.0 Mil from Sep. 2023 to Dec. 2023 .

Banxa Holdings's change in inventory for the fiscal year that ended in Jun. 2023 was $0.5 Mil. It means Banxa Holdings's inventory declined by $0.5 Mil from Jun. 2022 to Jun. 2023 .

Banxa Holdings's Total Inventories for the quarter that ended in Dec. 2023 was $0.2 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Banxa Holdings's Days Inventory for the quarter that ended in Dec. 2023 was 0.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. Banxa Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 206.45.

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. Banxa Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Banxa Holdings Change In Inventory Historical Data

The historical data trend for Banxa Holdings's Change In 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.

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Banxa Holdings Change In Inventory Chart

Banxa Holdings Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Change In Inventory

-0.03

-0.01

-0.59

0.47

Banxa Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial												-0.08	0.01	0.07	-0.12	0.03

Banxa Holdings Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.0 Mil.

Banxa Holdings (OTCPK:BNXAF) Change In Inventory Explanation

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

Banxa Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.2255	/	46.554	*	365 / 4
	=	0.44

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Banxa Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	46.554	/	0.2255
	=	206.45

3. 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.

Banxa Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.2255	/	51.088
	=	0.00

Banxa Holdings Change In Inventory Related Terms

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Banxa Holdings (Banxa Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Banxa Holdings Inc (OTCPK:BNXAF) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

AC00:Germany BNXA:Canada

Address

2-6 Gwynne Street, Level 2, Melbourne, VIC, AUS, 3121

Website

https://www.banxa.com

Banxa Holdings Inc is a payments service provider for the digital asset space. It offers a cryptocurrency gateway platform to other businesses in the industry. The company's goal is to onboard the general public to digital currency by building a fully compliant payment infrastructure that enables simple and secure conversion of fiat currency to digital currency. Geographically, it operates in Australia, North America and Europe and derives a majority of its revenue from Europe.