Drone Delivery Canada (TSXV:FLT) Inventory-to-Revenue : 0.00 (As of Mar. 2024)

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Drone Delivery Canada Inventory-to-Revenue Chart

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Competitive Comparison of Drone Delivery Canada's Inventory-to-Revenue

For the Computer Hardware subindustry, Drone Delivery Canada's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.

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Drone Delivery Canada's Inventory-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Drone Delivery Canada's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Drone Delivery Canada's Inventory-to-Revenue falls into.

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Drone Delivery Canada Inventory-to-Revenue Calculation

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.

Drone Delivery Canada's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Drone Delivery Canada's Inventory-to-Revenue for the quarter that ended in Mar. 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.

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Drone Delivery Canada  (TSXV:FLT) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Drone Delivery Canada's Days Inventory for the three months ended in Mar. 2024 is calculated as:

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Drone Delivery Canada's Inventory Turnover for the quarter that ended in Mar. 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.

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Drone Delivery Canada Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Drone Delivery Canada's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Total Inventories Revenue Days Inventory Cost of Goods Sold Inventory Turnover

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Drone Delivery Canada (TSXV:FLT) Business Description

Executives

Michael Della Fortuna

Director