Tapinator (Tapinator) Days Inventory : 0.00 (As of Sep. 2023)

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What is Tapinator Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tapinator's Average Total Inventories for the three months ended in Sep. 2023 was $0.00 Mil. Tapinator's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.34 Mil. Hence, Tapinator's Days Inventory for the three months ended in Sep. 2023 was 0.00.

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

TAPM's Days Inventory is not ranked ^*
in the Interactive Media industry.
Industry Median: 16.98
* Ranked among companies with meaningful Days Inventory only.

Tapinator's Days Inventory stayed the same from Mar. 2019 (0.00) to Sep. 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. Tapinator's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.00.

Tapinator Days Inventory Historical Data

The historical data trend for Tapinator'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.

Tapinator Days Inventory Chart

Tapinator Annual Data

Trend

Oct07

Oct08

Oct09

Oct12

Oct13

Dec14

Dec15

Dec16

Dec17

Dec18

Days Inventory

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Tapinator Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Sep22	Sep23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Tapinator's Days Inventory

For the Electronic Gaming & Multimedia subindustry, Tapinator'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.

Tapinator's Days Inventory Distribution in the Interactive Media Industry

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

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

Tapinator Days Inventory Calculation

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

Tapinator's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

	Days Inventory (A: Dec. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2018 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.884	*	365
=	0					/	0.884	*	365
=	0.00

Tapinator's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2022 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.336	*	365 / 4
=	0					/	0.336	*	365 / 4
=	0.00

Tapinator (OTCPK:TAPM) 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.

Tapinator's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.336	/	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.

Tapinator's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	1.176
	=	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.

Tapinator Days Inventory Related Terms

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

Tapinator (Tapinator) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Tapinator Inc (OTCPK:TAPM) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1776 Broadway, Suite 2002, New York, NY, USA, 10019

Website

https://www.tapinator.com

Tapinator Inc develops and publishes category- leading apps for mobile platforms, with a focus on social casino games. The company's library includes more than 300 titles. It offers games such as Solitaire Derby, Crypto Trillionaire, Castlebuilder, Combo Quest, and Dice Mage 2 among others. The company generates revenues through the sale of branded advertising and consumer transactions, including in-app purchases and subscriptions.