Mackenzie Master LP (TSX:MKZ.UN) Days Inventory : 0.00 (As of Dec. 2023)

View and export this data going back to 1995. Start your Free Trial

What is Mackenzie Master LP Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mackenzie Master LP's Average Total Inventories for the six months ended in Dec. 2023 was C$0.00 Mil. Mackenzie Master LP's Cost of Goods Sold for the six months ended in Dec. 2023 was C$0.00 Mil.

The historical rank and industry rank for Mackenzie Master LP's Days Inventory or its related term are showing as below:

TSX:MKZ.UN's Days Inventory is not ranked ^*
in the Asset Management industry.
Industry Median: 76.28
* Ranked among companies with meaningful Days Inventory only.

Mackenzie Master LP'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. Mackenzie Master LP's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

Mackenzie Master LP Days Inventory Historical Data

The historical data trend for Mackenzie Master LP'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.

Mackenzie Master LP Days Inventory Chart

Mackenzie Master LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

Mackenzie Master LP Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Mackenzie Master LP's Days Inventory

For the Asset Management subindustry, Mackenzie Master LP'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.

Mackenzie Master LP's Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mackenzie Master LP's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mackenzie Master LP's Days Inventory falls into.

Mackenzie Master LP Days Inventory Calculation

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

Mackenzie Master LP'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

Mackenzie Master LP'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 2
=	0					/	0	*	365 / 2
=	N/A

Mackenzie Master LP (TSX:MKZ.UN) 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.

Mackenzie Master LP's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	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.

Mackenzie Master LP's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.366
	=	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.

Mackenzie Master LP Days Inventory Related Terms

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

Mackenzie Master LP (TSX:MKZ.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mackenzie Master LP (TSX:MKZ.UN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

180 Queen Street West, Toronto, ON, CAN, M5V 3K1

Website

https://www.mackenziefinancial.com

Mackenzie Master LP is a Canada-based company engaged in the provision of investment advisory services. It offers a variety of products and services such as exchange-traded funds, multi-asset solutions, and mutual funds, among others.

Mackenzie Master LP (TSX:MKZ.UN) Headlines

No Headlines