Topicus com (TSXV:TOI) Change In Inventory : C$1 Mil (TTM As of Dec. 2023)

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What is Topicus com Change In Inventory?

Topicus com's change in inventory for the quarter that ended in Dec. 2023 was C$0 Mil. It means Topicus com's inventory declined by C$0 Mil from Sep. 2023 to Dec. 2023 .

Topicus com's change in inventory for the fiscal year that ended in Dec. 2023 was C$1 Mil. It means Topicus com's inventory declined by C$1 Mil from Dec. 2022 to Dec. 2023 .

Topicus com's Total Inventories for the quarter that ended in Dec. 2023 was C$7 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Topicus com's Days Inventory for the quarter that ended in Dec. 2023 was 2.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. Topicus com's Inventory Turnover for the quarter that ended in Dec. 2023 was 42.21.

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. Topicus com's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Topicus com Change In Inventory Historical Data

The historical data trend for Topicus com'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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Topicus com Change In Inventory Chart

Topicus com Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-0.03

0.18

-0.50

-0.03

0.59

Topicus com 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												-0.06	-0.09	0.37	-0.19	0.50

Topicus com 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 C$1 Mil.

Topicus com (TSXV:TOI) Change In Inventory Explanation

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

Topicus com's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	6.768	/	285.682	*	365 / 4
	=	2.16

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	285.682	/	6.768
	=	42.21

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.768	/	453.028
	=	0.01

Topicus com Change In Inventory Related Terms

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Topicus com (TSXV:TOI) Business Description

Industry

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TOITF:USA

Address

20 Adelaide Street East, Suite 1200, Toronto, ON, CAN, M5C 2T6

Website

https://www.topicus.com

Topicus com Inc is a provider of vertical market software and vertical market platforms to clients in the public and private sector. It acquires, builds, and manages leading software companies providing specialized, mission-critical, and high-impact software solutions that address the particular needs of customers. Substantial revenue is derived from maintenance and professional services offered by the firm.