What is Destiny Media Technologies Inventory-to-Revenue?
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. Destiny Media Technologies's Average Total Inventories for the quarter that ended in Feb. 2024 was $0.00 Mil. Destiny Media Technologies's Revenue for the
three
months ended in Feb. 2024 was $0.99 Mil.
Destiny Media Technologies's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.00.
Destiny Media Technologies's Inventory-to-Revenue for the quarter that ended in Feb. 2024
stayed the same
from Nov. 2023 (0.00) to Nov. 2023 (0.00)
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Destiny Media Technologies's Days Inventory for the
three
months ended in Feb. 2024 was 0.00.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Destiny Media Technologies Inventory-to-Revenue Historical Data
* 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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Destiny Media Technologies Inventory-to-Revenue Chart
Competitive Comparison of Destiny Media Technologies's Inventory-to-Revenue
For the Software - Application subindustry, Destiny Media Technologies'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.
Destiny Media Technologies's Inventory-to-Revenue Distribution in the Software Industry
For the Software industry and Technology sector, Destiny Media Technologies's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Destiny Media Technologies's Inventory-to-Revenue falls into.
Destiny Media Technologies 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.
Destiny Media Technologies's Inventory-to-Revenue for the fiscal year that ended in Aug. 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.
Destiny Media Technologies (OTCPK:DSNY) 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.
Destiny Media Technologies's Days Inventory 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.
Destiny Media Technologies Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Destiny Media Technologies's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Destiny Media Technologies (Destiny Media Technologies) Business Description
Destiny Media Technologies Inc is a provider of secure digital content distribution and promotion solutions. The company operates solely in the digital media software segment. Its predominant services are Clipstream which enables any non-technical user to upload videos that will play on all modern web browsers and Play MPE, a digital distribution service that is used commercially by the recording industry. Destiny services are based on proprietary security, watermarking and instant play streaming media technologies. It also offers audio and video streaming solutions and secure file distribution to customers around the globe.
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