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QMMM (QMMM Holdings) Days Inventory : 0.00 (As of Sep. 2024)


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What is QMMM Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). QMMM Holdings's Average Total Inventories for the six months ended in Sep. 2024 was $0.00 Mil. QMMM Holdings's Cost of Goods Sold for the six months ended in Sep. 2024 was $0.79 Mil. Hence, QMMM Holdings's Days Inventory for the six months ended in Sep. 2024 was 0.00.

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

QMMM's Days Inventory is not ranked *
in the Media - Diversified industry.
Industry Median: 29.24
* Ranked among companies with meaningful Days Inventory only.

QMMM Holdings's Days Inventory stayed the same from Sep. 2023 (0.00) to Sep. 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. QMMM Holdings's Inventory-to-Revenue for the six months ended in Sep. 2024 was 0.00.


QMMM Holdings Days Inventory Historical Data

The historical data trend for QMMM 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.

QMMM Holdings Days Inventory Chart

QMMM Holdings Annual Data
Trend Sep21 Sep22 Sep23 Sep24
Days Inventory
- - - -

QMMM Holdings Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Days Inventory Get a 7-Day Free Trial - - - - -

Competitive Comparison of QMMM Holdings's Days Inventory

For the Advertising Agencies subindustry, QMMM 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.


QMMM Holdings's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, QMMM Holdings's Days Inventory distribution charts can be found below:

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


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QMMM Holdings Days Inventory Calculation

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

QMMM Holdings's Days Inventory for the fiscal year that ended in Sep. 2024 is calculated as

Days Inventory (A: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2023 ) + Total Inventories (A: Sep. 2024 )) / count ) / Cost of Goods Sold (A: Sep. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 2.283*365
=0 / 2.283*365
=0.00

QMMM Holdings's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0.79*365 / 2
=0 / 0.79*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.


QMMM Holdings  (NAS:QMMM) 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.

QMMM Holdings's Inventory Turnover for the six months ended in Sep. 2024 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.

QMMM Holdings's Inventory to Revenue for the six months ended in Sep. 2024 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.


QMMM Holdings Days Inventory Related Terms

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


QMMM Holdings Business Description

Traded in Other Exchanges
N/A
Address
8 Watson Road Tin Hau, Unit 1301, Block C, Sea View Estate, Hong Kong, HKG
QMMM Holdings Ltd is a digital advertising and marketing production services company. It operates through its two wholly owned subsidiaries: ManyMany Creations and Quantum Matrix. It has used interactive design, animation, art-tech and virtual technologies in over 500 commercial campaigns. The company has worked with large domestic and international banks, real estate developers, amusement parks, top international athletic apparel and footwear brands, and luxury cosmetic products and international brands for their advertising and creation work in Hong Kong. Its clients include local and international banks, real-estate developers, luxury brands, high fashion houses, and theme parks.