GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Telescope Innovations Corp (XCNQ:TELI) » Definitions » Days Inventory

Telescope Innovations (XCNQ:TELI) Days Inventory : 0.00 (As of Feb. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Telescope Innovations Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Telescope Innovations's Average Total Inventories for the three months ended in Feb. 2024 was C$0.21 Mil. Telescope Innovations's Cost of Goods Sold for the three months ended in Feb. 2024 was C$0.00 Mil.

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

XCNQ:TELI' s Days Inventory Range Over the Past 10 Years
Min: 20044.58   Med: 30295   Max: 30295
Current: 20044.58

During the past 5 years, Telescope Innovations's highest Days Inventory was 30295.00. The lowest was 20044.58. And the median was 30295.00.

XCNQ:TELI's Days Inventory is ranked worse than
98.93% of 653 companies
in the Biotechnology industry
Industry Median: 192.54 vs XCNQ:TELI: 20044.58

Telescope Innovations's Days Inventory stayed the same from Feb. 2023 (0.00) to Feb. 2024 (0.00).

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. Telescope Innovations's Inventory Turnover for the three months ended in Feb. 2024 was 0.00.

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. Telescope Innovations's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.30.


Telescope Innovations Days Inventory Historical Data

The historical data trend for Telescope Innovations'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.

Telescope Innovations Days Inventory Chart

Telescope Innovations Annual Data
Trend Dec19 Dec20 Aug21 Aug22 Aug23
Days Inventory
- - - - 30,295.00

Telescope Innovations Quarterly Data
Sep19 Dec19 Mar20 Sep20 Dec20 Mar21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - - 5,680.31 - -

Competitive Comparison of Telescope Innovations's Days Inventory

For the Biotechnology subindustry, Telescope Innovations'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.


Telescope Innovations's Days Inventory Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Telescope Innovations's Days Inventory distribution charts can be found below:

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



Telescope Innovations Days Inventory Calculation

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

Telescope Innovations's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

Days Inventory (A: Aug. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (0 + 0.249) / 1 ) / 0.0029999999999997*365
=0.249 / 0.0029999999999997*365
=30,295.00

Telescope Innovations's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (0.07 + 0.34) / 2 ) / 0*365 / 4
=0.205 / 0*365 / 4
=N/A

* 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.


Telescope Innovations  (XCNQ:TELI) 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.

Telescope Innovations's Inventory Turnover for the three months ended in Feb. 2024 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.

Telescope Innovations's Inventory to Revenue for the three months ended in Feb. 2024 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.


Telescope Innovations Days Inventory Related Terms

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


Telescope Innovations (XCNQ:TELI) Business Description

Traded in Other Exchanges
Address
301 – 2386 East Mall, Vancouver, BC, CAN, V6T 1Z3
Telescope Innovations Corp is a technology company that intends to focus on development as a Contract Research Organization (CRO) to develop intellectual property, contract research, and building automation products. The Company has one operating segment that generates revenues from two revenue streams, contract research services and sale of automation products.
Executives
Alidad Pejman Director

Telescope Innovations (XCNQ:TELI) Headlines

No Headlines