Green Block Mining (Green Block Mining) Days Inventory : 0.00 (As of Aug. 2021)

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What is Green Block Mining Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Green Block Mining's Average Total Inventories for the three months ended in Aug. 2021 was $0.00 Mil. Green Block Mining's Cost of Goods Sold for the three months ended in Aug. 2021 was $0.55 Mil. Hence, Green Block Mining's Days Inventory for the three months ended in Aug. 2021 was 0.00.

The historical rank and industry rank for Green Block Mining's Days Inventory or its related term are showing as below:

LGLOF's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 19.64
* Ranked among companies with meaningful Days Inventory only.

Green Block Mining's Days Inventory stayed the same from Aug. 2020 (0.00) to Aug. 2021 (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. Green Block Mining's Inventory-to-Revenue for the three months ended in Aug. 2021 was 0.00.

Green Block Mining Days Inventory Historical Data

The historical data trend for Green Block Mining'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.

Green Block Mining Days Inventory Chart

Green Block Mining Annual Data

Trend

Nov18

Nov19

Nov20

Days Inventory

Green Block Mining Quarterly Data
	Aug18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21
Days Inventory	Get a 7-Day Free Trial							-	-	-	-	-

Competitive Comparison of Green Block Mining's Days Inventory

For the Software - Application subindustry, Green Block Mining'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.

Green Block Mining's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Green Block Mining's Days Inventory distribution charts can be found below:

* The bar in red indicates where Green Block Mining's Days Inventory falls into.

Green Block Mining Days Inventory Calculation

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

Green Block Mining's Days Inventory for the fiscal year that ended in Nov. 2020 is calculated as

	Days Inventory (A: Nov. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Nov. 2019 )	+	Total Inventories (A: Nov. 2020 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2020 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	2.38	*	365
=	0					/	2.38	*	365
=	0.00

Green Block Mining's Days Inventory for the quarter that ended in Aug. 2021 is calculated as:

	Days Inventory (Q: Aug. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: May. 2021 )	+	Total Inventories (Q: Aug. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2021 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.551	*	365 / 4
=	0					/	0.551	*	365 / 4
=	0.00

Green Block Mining (OTCPK:LGLOF) 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.

Green Block Mining's Inventory Turnover for the three months ended in Aug. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.551	/	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.

Green Block Mining's Inventory to Revenue for the three months ended in Aug. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.737
	=	0.00

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.

Green Block Mining Days Inventory Related Terms

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Green Block Mining (Green Block Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Green Block Mining Corp (OTCPK:LGLOF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6

Website

http://www.linkblockchaintech.com

Green Block Mining Corp, formerly Link Global Technologies Inc is a innovative power and infrastructure solution provider for digital mining and data hosting operations. LINK maximizes the potential of today's technologies through power solutions. It builds and manages semi-portable, self-contained power solutions that can be rapidly deployed in virtually any environment. With the low-cost, energy-efficient and smart infrastructure company provides digital mining services to third parties.