Dominion Lending Centres (TSX:DLCG) Days Inventory : 0.00 (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Dominion Lending Centres Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dominion Lending Centres's Average Total Inventories for the three months ended in Dec. 2023 was C$0.00 Mil. Dominion Lending Centres's Cost of Goods Sold for the three months ended in Dec. 2023 was C$3.25 Mil. Hence, Dominion Lending Centres's Days Inventory for the three months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Dominion Lending Centres's Days Inventory or its related term are showing as below:

During the past 13 years, Dominion Lending Centres's highest Days Inventory was 300.65. The lowest was 102.02. And the median was 167.64.

TSX:DLCG's Days Inventory is not ranked ^*
in the Banks industry.
Industry Median: 20.295
* Ranked among companies with meaningful Days Inventory only.

Dominion Lending Centres'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. Dominion Lending Centres's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Dominion Lending Centres Days Inventory Historical Data

The historical data trend for Dominion Lending Centres'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.

Dominion Lending Centres Days Inventory Chart

Dominion Lending Centres Annual Data

Trend

Sep13

Sep14

Sep15

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

300.65

196.60

Dominion Lending Centres Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Dominion Lending Centres's Days Inventory

For the Mortgage Finance subindustry, Dominion Lending Centres'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.

Dominion Lending Centres's Days Inventory Distribution in the Banks Industry

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

* The bar in red indicates where Dominion Lending Centres's Days Inventory falls into.

Dominion Lending Centres Days Inventory Calculation

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

Dominion Lending Centres'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 )	/	10.429	*	365
=	0					/	10.429	*	365
=	0.00

Dominion Lending Centres'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 )	/	3.254	*	365 / 4
=	0					/	3.254	*	365 / 4
=	0.00

Dominion Lending Centres (TSX:DLCG) 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.

Dominion Lending Centres's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.254	/	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.

Dominion Lending Centres's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	15.758
	=	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.

Dominion Lending Centres Days Inventory Related Terms

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

Dominion Lending Centres (TSX:DLCG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Dominion Lending Centres Inc (TSX:DLCG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

BRLGF:USA

Address

2207 - 4th Street SW, Suite 400, Calgary, AB, CAN, T2S 1X1

Website

https://www.dlcg.ca

Dominion Lending Centres Inc is a mortgage brokerage franchisor and mortgage broker data connectivity provider with operations across Canada. The Group operates through Dominion Lending Centres and its three main subsidiaries, MCC Mortgage Centre Canada Inc., MA Mortgage Architects Inc and Newton Connectivity Systems Inc. The company has two operating segments, namely, the Core Business Operations segment and the NonCore Business Asset Management segment. The company generates revenue mainly from franchising and mortgage brokerage services.

Dominion Lending Centres (TSX:DLCG) Headlines

No Headlines