PAPL (Pineapple Financial) Days Inventory : 0.00 (As of May. 2024)

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What is Pineapple Financial Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Pineapple Financial's Average Total Inventories for the three months ended in May. 2024 was $0.00 Mil. Pineapple Financial's Cost of Goods Sold for the three months ended in May. 2024 was $0.59 Mil. Hence, Pineapple Financial's Days Inventory for the three months ended in May. 2024 was 0.00.

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

PAPL's Days Inventory is not ranked ^*
in the Banks industry.
Industry Median: 119.17
* Ranked among companies with meaningful Days Inventory only.

Pineapple Financial's Days Inventory stayed the same from May. 2023 (0.00) to May. 2024 (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. Pineapple Financial's Inventory-to-Revenue for the three months ended in May. 2024 was 0.00.

Pineapple Financial Days Inventory Historical Data

The historical data trend for Pineapple Financial'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.

Pineapple Financial Days Inventory Chart

Pineapple Financial Annual Data

Trend

Aug21

Aug22

Aug23

Days Inventory

Pineapple Financial Quarterly Data
	Aug21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Days Inventory	Get a 7-Day Free Trial						-	-	-	-	-

Competitive Comparison of Pineapple Financial's Days Inventory

For the Mortgage Finance subindustry, Pineapple Financial'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.

Pineapple Financial's Days Inventory Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Pineapple Financial's Days Inventory distribution charts can be found below:

* The bar in red indicates where Pineapple Financial's Days Inventory falls into.

Pineapple Financial Days Inventory Calculation

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

Pineapple Financial's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

	Days Inventory (A: Aug. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Aug. 2022 )	+	Total Inventories (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	2.33	*	365
=	0					/	2.33	*	365
=	0.00

Pineapple Financial's Days Inventory for the quarter that ended in May. 2024 is calculated as:

	Days Inventory (Q: May. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Feb. 2024 )	+	Total Inventories (Q: May. 2024 ))	/	count )	/	Cost of Goods Sold (Q: May. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.593	*	365 / 4
=	0					/	0.593	*	365 / 4
=	0.00

Pineapple Financial (AMEX:PAPL) 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.

Pineapple Financial's Inventory Turnover for the three months ended in May. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.593	/	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.

Pineapple Financial's Inventory to Revenue for the three months ended in May. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.736
	=	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.

Pineapple Financial Days Inventory Related Terms

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

Pineapple Financial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Pineapple Financial Inc (AMEX:PAPL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Gordon Baker Road, Unit 200, North York, Toronto, ON, CAN, M2H 3R1

Website

https://www.gopineapple.com

Pineapple Financial Inc is a Canada-based mortgage technology and brokerage company that provides mortgage brokerage services and technology solutions to Canadian mortgage agents, brokers, sub-brokers, brokerages, and consumers. Through its data-driven systems together with cloud-based tools, it offers advantages in the Canadian mortgage industry relative to alternative mortgage broker arrangements and also provides back office services.