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XR Immersive Tech (XCNQ:VRAI) Days Inventory : 0.00 (As of Dec. 2023)


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What is XR Immersive Tech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). XR Immersive Tech's Average Total Inventories for the three months ended in Dec. 2023 was C$0.00 Mil. XR Immersive Tech's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.01 Mil. Hence, XR Immersive Tech's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

XCNQ:VRAI' s Days Inventory Range Over the Past 10 Years
Min: 83.08   Med: 547.5   Max: 3789.56
Current: 3789.56

During the past 4 years, XR Immersive Tech's highest Days Inventory was 3789.56. The lowest was 83.08. And the median was 547.50.

XCNQ:VRAI's Days Inventory is ranked worse than
99.63% of 2409 companies
in the Hardware industry
Industry Median: 102.05 vs XCNQ:VRAI: 3789.56

XR Immersive Tech's Days Inventory declined from Dec. 2022 (185.12) to Dec. 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.


XR Immersive Tech Days Inventory Historical Data

The historical data trend for XR Immersive Tech'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.

XR Immersive Tech Days Inventory Chart

XR Immersive Tech Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
- 547.50 83.08 944.71

XR Immersive Tech Quarterly Data
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 185.12 1,003.75 - - -

Competitive Comparison of XR Immersive Tech's Days Inventory

For the Computer Hardware subindustry, XR Immersive Tech'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.


XR Immersive Tech's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, XR Immersive Tech's Days Inventory distribution charts can be found below:

* The bar in red indicates where XR Immersive Tech's Days Inventory falls into.



XR Immersive Tech Days Inventory Calculation

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

XR Immersive Tech's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0.044 + 0) / 1 ) / 0.017*365
=0.044 / 0.017*365
=944.71

XR Immersive Tech'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 + 0) / 1 ) / 0.007*365 / 4
=0 / 0.007*365 / 4
=0.00

* 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.


XR Immersive Tech  (XCNQ:VRAI) 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.

XR Immersive Tech'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.

XR Immersive Tech'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.


XR Immersive Tech Days Inventory Related Terms

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


XR Immersive Tech (XCNQ:VRAI) Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7
XR Immersive Tech Inc is a Virtual Reality and Augmented Reality entertainment and attractions manufacturer blending amusement park engineering and video game development to create custom experiences through its flagship hyper-immersive multiplayer VR attraction Uncontained.

XR Immersive Tech (XCNQ:VRAI) Headlines