WonderFi Technologies (STU:52D0) Inventory Turnover : 0.41 (As of Dec. 2024)

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What is WonderFi Technologies 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. WonderFi Technologies's Cost of Goods Sold for the three months ended in Dec. 2024 was €3.31 Mil. WonderFi Technologies's Average Total Inventories for the quarter that ended in Dec. 2024 was €8.04 Mil. WonderFi Technologies's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. WonderFi Technologies's Days Inventory for the three months ended in Dec. 2024 was 221.92.

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. WonderFi Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.60.

WonderFi Technologies Inventory Turnover Historical Data

The historical data trend for WonderFi Technologies'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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WonderFi Technologies Inventory Turnover Chart

WonderFi Technologies Annual Data

Trend

Sep21

Dec23

Dec24

Inventory Turnover

1.05

1.21

WonderFi Technologies Quarterly Data
	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial									0.27	0.33	0.36	0.41	0.41

WonderFi Technologies Inventory Turnover Calculation

WonderFi Technologies's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	10.462	/ (	(7.674	+	9.632)	/	2 )
=	10.462	/	8.653
=	1.21

WonderFi Technologies'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 )
=	3.307	/ (	(6.453	+	9.632)	/	2 )
=	3.307	/	8.0425
=	0.41

WonderFi Technologies (STU:52D0) 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.

WonderFi Technologies'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
	=	8.0425	/	3.307	*	365 / 4
	=	221.92

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.

WonderFi Technologies'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 )
	=	8.0425	/	13.428
	=	0.60

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.

WonderFi Technologies Inventory Turnover Related Terms

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WonderFi Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » WonderFi Technologies Inc (STU:52D0) » Definitions » Inventory Turnover

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WONDF:USA WNDR:Canada

Address

371 Front Street West, Suite 304, Vancouver, BC, CAN, M5V 3S8

Website

https://www.wonder.fi

WonderFi Technologies Inc is a technology company with the mission of creating digital access through its platforms. It operates in three segments: Trading, Payments, and Corporate. The Trading segment, comprising Bitbuy, Coinsquare, and CoinSmart crypto exchange platforms, generates the majority of the company's revenue.

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