DTMXF (DataMetrex AI) Inventory Turnover : 5.00 (As of Dec. 2024)

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What is DataMetrex AI Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. DataMetrex AI's Cost of Goods Sold for the three months ended in Dec. 2024 was $1.09 Mil. DataMetrex AI's Average Total Inventories for the quarter that ended in Dec. 2024 was $0.22 Mil. DataMetrex AI's Inventory Turnover for the quarter that ended in Dec. 2024 was 5.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. DataMetrex AI's Days Inventory for the three months ended in Dec. 2024 was 18.27.

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. DataMetrex AI's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.13.

DataMetrex AI Inventory Turnover Historical Data

The historical data trend for DataMetrex AI's Inventory Turnover 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.

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DataMetrex AI Inventory Turnover Chart

DataMetrex AI Annual Data

Trend

Dec12

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Inventory Turnover

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DataMetrex AI Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															1.53	2.61	2.63	3.58	5.00

DataMetrex AI Inventory Turnover Calculation

DataMetrex AI's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Inventory Turnover (A: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2021 )	/ (	(Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )
=	21.876	/ (	(0	+	0)	/	1 )
=	21.876	/	0
=	N/A

DataMetrex AI's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	1.094	/ (	(0.231	+	0.207)	/	2 )
=	1.094	/	0.219
=	5.00

DataMetrex AI (OTCPK:DTMXF) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

DataMetrex AI's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	0.219	/	1.094	*	365 / 4
	=	18.27

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.

DataMetrex AI's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	0.219	/	1.748
	=	0.13

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

DataMetrex AI Inventory Turnover Related Terms

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DataMetrex AI Business Description

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D4G0:Germany DM:Canada

Address

2300 Yonge Street, Suite 2802, Toronto, ON, CAN, M4P 1E4

Website

https://www.datametrex.com

DataMetrex AI Ltd is a information technology company. The Company focuses on collecting, analyzing, and presenting structured and unstructured data using machine learning and artificial intelligence. The company is also engaged in blockchain technology for the collection, storage, transfer, analysis, and presentation of data. Its operating segments are AI & technology and Health Security segment. Its geographical segments are Canada and South Korea.