GURUFOCUS.COM » STOCK LIST » Technology » Software » AtlasClear Holdings Inc (AMEX:ATCH) » Definitions » Days Inventory

AtlasClear Holdings (AtlasClear Holdings) Days Inventory : 0.00 (As of Jun. 2023)


View and export this data going back to 2024. Start your Free Trial

What is AtlasClear Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AtlasClear Holdings's Average Total Inventories for the six months ended in Jun. 2023 was $0.00 Mil. AtlasClear Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was $7.55 Mil. Hence, AtlasClear Holdings's Days Inventory for the six months ended in Jun. 2023 was 0.00.

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

ATCH's Days Inventory is not ranked *
in the Software industry.
Industry Median: 18.99
* Ranked among companies with meaningful Days Inventory only.

AtlasClear Holdings's Days Inventory stayed the same from . 20 (0.00) to Jun. 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. AtlasClear Holdings's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.00.

AtlasClear Holdings Days Inventory Historical Data

The historical data trend for AtlasClear Holdings'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.

AtlasClear Holdings Days Inventory Chart

AtlasClear Holdings Annual Data
Trend Jun22
Days Inventory
-

AtlasClear Holdings Semi-Annual Data
Jun22 Jun23
Days Inventory - -

Competitive Comparison of AtlasClear Holdings's Days Inventory

For the Software - Infrastructure subindustry, AtlasClear Holdings'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.

AtlasClear Holdings's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where AtlasClear Holdings's Days Inventory falls into.


AtlasClear Holdings Days Inventory Calculation

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

AtlasClear Holdings's Days Inventory for the fiscal year that ended in Jun. 2022 is calculated as

Days Inventory (A: Jun. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: . 20 ) + Total Inventories (A: Jun. 2022 )) / count ) / Cost of Goods Sold (A: Jun. 2022 )*Days in Period
=( ( + 0) / 1 ) / 9.714*365
=0 / 9.714*365
=0.00

AtlasClear Holdings's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 7.554*365 / 2
=0 / 7.554*365 / 2
=0.00

* 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.

AtlasClear Holdings  (AMEX:ATCH) 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.

AtlasClear Holdings's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=7.554 / 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.

AtlasClear Holdings's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 / 9.089
=0.00

* 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.

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.

AtlasClear Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of AtlasClear Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

AtlasClear Holdings (AtlasClear Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » AtlasClear Holdings Inc (AMEX:ATCH) » Definitions » Days Inventory
Comparable Companies
Traded in Other Exchanges
N/A
Address
4221 W. Boy Scout Boulevard, Suite 300, Tampa, FL, USA, 33607
Website
https://www.atlasclear.com
AtlasClear Holdings Inc is a fintech company. Its goal is to build a cutting-edge technology-enabled financial services firm that would create a more efficient platform for trading, clearing, settlement and banking of evolving and innovative financial products with a focus on financial services firms, generally with annual revenues up to $1 billion, including small and mid-sized banks, brokerage firms, hedge funds, pension plans, and family offices that are not adequately served by today's larger correspondent clearing firms and banks.

AtlasClear Holdings (AtlasClear Holdings) Headlines

From GuruFocus

Thinking about buying stock in MicroCloud Hologram, CleanSpark, Cardiol Therapeutics, Atlasclear Holdings, or EZCORP?

By PRNewswire • 02-26-2024