Cathedra Bitcoin (FRA:FB0) Inventory Turnover : 5.46 (As of Sep. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Cathedra Bitcoin 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. Cathedra Bitcoin's Cost of Goods Sold for the three months ended in Sep. 2024 was €3.39 Mil. Cathedra Bitcoin's Average Total Inventories for the quarter that ended in Sep. 2024 was €0.62 Mil. Cathedra Bitcoin's Inventory Turnover for the quarter that ended in Sep. 2024 was 5.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cathedra Bitcoin's Days Inventory for the three months ended in Sep. 2024 was 16.72.

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. Cathedra Bitcoin's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.16.

Cathedra Bitcoin Inventory Turnover Historical Data

The historical data trend for Cathedra Bitcoin'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.

* Premium members only.

Cathedra Bitcoin Inventory Turnover Chart

Cathedra Bitcoin Annual Data

Trend

Inventory Turnover

Cathedra Bitcoin Quarterly Data
	Sep23	Sep24
Inventory Turnover	-	5.46

Cathedra Bitcoin Inventory Turnover Calculation

Cathedra Bitcoin's Inventory Turnover for the fiscal year that ended in . 20 is calculated as

	Inventory Turnover (A: . 20 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: . 20 )	/ (	(Total Inventories (A: . 20 )	+	Total Inventories (A: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

Cathedra Bitcoin's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	3.39	/ (	(0	+	0.621)	/	1 )
=	3.39	/	0.621
=	5.46

Cathedra Bitcoin (FRA:FB0) 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.

Cathedra Bitcoin's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	0.621	/	3.39	*	365 / 4
	=	16.72

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.

Cathedra Bitcoin's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	0.621	/	3.896
	=	0.16

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.

Cathedra Bitcoin Inventory Turnover Related Terms

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

Cathedra Bitcoin Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Cathedra Bitcoin Inc (FRA:FB0) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

CBTTF:USA FB0:Germany CBIT:Canada

Address

320 - 638 Broughton Street, Vancouver, BC, CAN, V6G 3K3

Website

https://www.cathedra.com

Cathedra Bitcoin Inc develops and operates high-density compute infrastructure across North America. The company hosts bitcoin mining clients across its portfolio of three data centers (30 MW total) in Tennessee and Kentucky. Additionally, Cathedra is a partner in a joint venture that is developing a 60-MW data center in North Dakota which will also host Bitcoin miners. It also operates a fleet of proprietary bitcoin mining machines at its own and third-party data centers, producing approximately 400 PH/s of hash rate. The company is focused on expanding its portfolio of data center infrastructure for high-density computing applications including bitcoin mining and artificial intelligence.

Cathedra Bitcoin Headlines

No Headlines