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Diversified Royalty (Diversified Royalty) Days Inventory : 0.00 (As of Dec. 2023)


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What is Diversified Royalty Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Diversified Royalty's Average Total Inventories for the three months ended in Dec. 2023 was $0.00 Mil. Diversified Royalty's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.00 Mil.

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

BEVFF's Days Inventory is not ranked *
in the Conglomerates industry.
Industry Median: 73.36
* Ranked among companies with meaningful Days Inventory only.

Diversified Royalty's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 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. Diversified Royalty's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


Diversified Royalty Days Inventory Historical Data

The historical data trend for Diversified Royalty'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.

Diversified Royalty Days Inventory Chart

Diversified Royalty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Diversified Royalty Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Diversified Royalty's Days Inventory

For the Conglomerates subindustry, Diversified Royalty'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.


Diversified Royalty's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Diversified Royalty's Days Inventory distribution charts can be found below:

* The bar in red indicates where Diversified Royalty's Days Inventory falls into.



Diversified Royalty Days Inventory Calculation

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

Diversified Royalty's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Diversified Royalty's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

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

* 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.


Diversified Royalty  (OTCPK:BEVFF) 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.

Diversified Royalty's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

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.

Diversified Royalty's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

* 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.


Diversified Royalty Days Inventory Related Terms

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


Diversified Royalty (Diversified Royalty) Business Description

Traded in Other Exchanges
Address
609 Granville Street, Suite 330, P.O. Box 10033, Vancouver, BC, CAN, V7Y 1A1
Diversified Royalty Corp is a multi-royalty company. It is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. As a part of the investment strategy, the firm always purchases trademarks of the companies it is going to acquire. The company gives its partners the benefit of full operational control of their business, participation in the growth of their company, and tax deductibility on royal payments. All of the company's operating revenues are earned from the receipt of royalties and management fees from its Royalty Partners.