GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Quizam Media Corp (XCNQ:QQ) » Definitions » Days Inventory

Quizam Media (XCNQ:QQ) Days Inventory : 27.46 (As of Feb. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Quizam Media Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Quizam Media's Average Total Inventories for the three months ended in Feb. 2024 was C$0.31 Mil. Quizam Media's Cost of Goods Sold for the three months ended in Feb. 2024 was C$1.05 Mil. Hence, Quizam Media's Days Inventory for the three months ended in Feb. 2024 was 27.46.

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

XCNQ:QQ' s Days Inventory Range Over the Past 10 Years
Min: 11.06   Med: 22.11   Max: 45.03
Current: 28.72

During the past 13 years, Quizam Media's highest Days Inventory was 45.03. The lowest was 11.06. And the median was 22.11.

XCNQ:QQ's Days Inventory is ranked worse than
58.16% of 239 companies
in the Interactive Media industry
Industry Median: 16.64 vs XCNQ:QQ: 28.72

Quizam Media's Days Inventory increased from Feb. 2023 (25.14) to Feb. 2024 (27.46). It might indicate that Quizam Media's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Quizam Media's Inventory Turnover for the three months ended in Feb. 2024 was 3.32.

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. Quizam Media's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.19.


Quizam Media Days Inventory Historical Data

The historical data trend for Quizam Media'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.

Quizam Media Days Inventory Chart

Quizam Media Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 45.03 11.06 17.98 26.23

Quizam Media Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.14 29.55 29.22 31.72 27.46

Competitive Comparison of Quizam Media's Days Inventory

For the Internet Content & Information subindustry, Quizam Media'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.


Quizam Media's Days Inventory Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Quizam Media's Days Inventory distribution charts can be found below:

* The bar in red indicates where Quizam Media's Days Inventory falls into.



Quizam Media Days Inventory Calculation

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

Quizam Media's Days Inventory for the fiscal year that ended in May. 2023 is calculated as

Days Inventory (A: May. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: May. 2022 ) + Total Inventories (A: May. 2023 )) / count ) / Cost of Goods Sold (A: May. 2023 )*Days in Period
=( (0.27 + 0.353) / 2 ) / 4.334*365
=0.3115 / 4.334*365
=26.23

Quizam Media's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (0.353 + 0.276) / 2 ) / 1.045*365 / 4
=0.3145 / 1.045*365 / 4
=27.46

* 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.


Quizam Media  (XCNQ:QQ) 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.

Quizam Media's Inventory Turnover for the three months ended in Feb. 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.

Quizam Media's Inventory to Revenue for the three months ended in Feb. 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.


Quizam Media Days Inventory Related Terms

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


Quizam Media (XCNQ:QQ) Business Description

Traded in Other Exchanges
N/A
Address
609 Granville Street, Po Box 10381, Suite 650, Vancouver, BC, CAN, V7Y 1G6
Quizam Media Corp is a company whose principal business activities consist of providing computer training and consulting services, marketing of a computer-based educational program, film production and cannabis retail sales. It produces and acquires content for both entertainment and corporate education. The company does its sales via geographical segments that include Canada, USA and Europe. The majority of its revenue is derived from Canada.

Quizam Media (XCNQ:QQ) Headlines

No Headlines