SWMBRD Sports (XCNQ:SWIM) Change In Inventory: C$0.01 Mil (TTM As of Nov. 2023)

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What is SWMBRD Sports Change In Inventory?

SWMBRD Sports XCNQ:SWIM Change In Inventory is C$0.01 Mil as of Nov. 2023.

SWMBRD Sports's change in inventory for the quarter that ended in Nov. 2023 was C$0.02 Mil. It means SWMBRD Sports's inventory declined by C$0.02 Mil from Aug. 2023 to Nov. 2023 .

SWMBRD Sports's change in inventory for the fiscal year that ended in Feb. 2023 was C$0.00 Mil. It means SWMBRD Sports's inventory stayed the same from Feb. 2022 to Feb. 2023 .

SWMBRD Sports's Total Inventories for the quarter that ended in Nov. 2023 was C$0.08 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SWMBRD Sports's Days Inventory for the quarter that ended in Nov. 2023 was 1,996.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. SWMBRD Sports's Inventory Turnover for the quarter that ended in Nov. 2023 was 0.05.

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. SWMBRD Sports's Inventory-to-Revenue for the quarter that ended in Nov. 2023 was 21.88.

SWMBRD Sports  (XCNQ:SWIM) Change In Inventory Explanation

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

SWMBRD Sports's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.0875/0.004*365 / 4
=1,996.09

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

SWMBRD Sports's Inventory Turnover for the quarter that ended in Nov. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.004 / 0.0875
=0.05

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.

SWMBRD Sports's Inventory to Revenue for the quarter that ended in Nov. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.0875 / 0.004
=21.88

* 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.

SWMBRD Sports Change In Inventory Related Terms

SWMBRD Sports Change In Inventory Historical Data

* Premium members only.

The historical data trend for SWMBRD Sports'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.

SWMBRD Sports Change In Inventory Chart

SWMBRD Sports Annual Data
Trend Feb21 Feb22 Feb23
Change In Inventory
0.00 0.00 0.00

SWMBRD Sports Quarterly Data
Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 -0.00 -0.00 0.02

SWMBRD Sports 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 Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.01 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of C$0.01 Mil mean?
SWMBRD Sports (XCNQ:SWIM) has a Change In Inventory of C$0.01 Mil as of Nov. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for SWMBRD Sports and its competitors.
Is SWMBRD Sports' Change In Inventory too high?
SWMBRD Sports' current Change In Inventory is C$0.01 Mil.
How does SWMBRD Sports' Change In Inventory compare to MAT and HAS?
SWMBRD Sports' Change In Inventory of C$0.01 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Travel & Leisure company?
A good Change In Inventory depends on the Travel & Leisure industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for SWMBRD Sports and its competitors. SWMBRD Sports's current Change In Inventory is C$0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SWMBRD Sports stock overvalued right now?
SWMBRD Sports (XCNQ:SWIM) has a current Change In Inventory of C$0.01 Mil. The current Change In Inventory is C$0.01 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For SWMBRD Sports (XCNQ:SWIM), the current Change In Inventory is C$0.01 Mil as of Nov. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SWMBRD Sports Business Description

Address 777 Hornby Street, Suite 900, Vancouver, BC, CAN, V6Z 1S4
SWMBRD Sports Inc is a sporting goods company focused on developing, manufacturing, marketing, and selling aquatic sports products in the sporting goods and outdoor recreation industries.