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Token Communities (Token Communities) Days Inventory : 422.03 (As of Dec. 2023)


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What is Token Communities Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Token Communities's Average Total Inventories for the three months ended in Dec. 2023 was $0.06 Mil. Token Communities's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.01 Mil. Hence, Token Communities's Days Inventory for the three months ended in Dec. 2023 was 422.03.

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

TKCM' s Days Inventory Range Over the Past 10 Years
Min: 313.14   Med: 357.23   Max: 357.23
Current: 313.14

During the past 7 years, Token Communities's highest Days Inventory was 357.23. The lowest was 313.14. And the median was 357.23.

TKCM's Days Inventory is not ranked
in the Capital Markets industry.
Industry Median: 60.81 vs TKCM: 313.14

Token Communities's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2023 (422.03). It might indicate that Token Communities's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Token Communities's Inventory Turnover for the three months ended in Dec. 2023 was 0.22.

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.


Token Communities Days Inventory Historical Data

The historical data trend for Token Communities'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.

Token Communities Days Inventory Chart

Token Communities Annual Data
Trend Jun16 Jun17 Jun18 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial - - - - 357.23

Token Communities Quarterly Data
Mar18 Jun18 Sep18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - 174.90 376.41 422.03

Competitive Comparison of Token Communities's Days Inventory

For the Capital Markets subindustry, Token Communities'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.


Token Communities's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Token Communities's Days Inventory distribution charts can be found below:

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



Token Communities Days Inventory Calculation

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

Token Communities's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (0 + 0.046) / 1 ) / 0.047*365
=0.046 / 0.047*365
=357.23

Token Communities's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.053 + 0.058) / 2 ) / 0.012*365 / 4
=0.0555 / 0.012*365 / 4
=422.03

* 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.


Token Communities  (OTCPK:TKCM) 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.

Token Communities's Inventory Turnover for the three months ended in Dec. 2023 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.

Token Communities's Inventory to Revenue for the three months ended in Dec. 2023 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.


Token Communities Days Inventory Related Terms

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


Token Communities (Token Communities) Business Description

Traded in Other Exchanges
N/A
Address
850 Tidewater Shore Loop, Suite 402, Bradenton, FL, USA, 34208
Token Communities Ltd is the United States based development stage company. Token Communities researches and creates a white paper analysis for companies regarding blockchain technology.

Token Communities (Token Communities) Headlines