Dr Phone Fix Canada (TSXV:DPF) Change In Inventory : C$0.42 Mil (TTM As of Jun. 2024)

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What is Dr Phone Fix Canada Change In Inventory?

Dr Phone Fix Canada's change in inventory for the quarter that ended in Jun. 2024 was C$0.32 Mil. It means Dr Phone Fix Canada's inventory declined by C$0.32 Mil from Dec. 2023 to Jun. 2024 .

Dr Phone Fix Canada's change in inventory for the fiscal year that ended in Dec. 2023 was C$0.12 Mil. It means Dr Phone Fix Canada's inventory declined by C$0.12 Mil from Dec. 2022 to Dec. 2023 .

Dr Phone Fix Canada's Total Inventories for the quarter that ended in Jun. 2024 was C$1.20 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dr Phone Fix Canada's Days Inventory for the quarter that ended in Jun. 2024 was 110.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dr Phone Fix Canada's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.65.

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. Dr Phone Fix Canada's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.29.

Dr Phone Fix Canada Change In Inventory Historical Data

The historical data trend for Dr Phone Fix Canada's Change In 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.

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Dr Phone Fix Canada Change In Inventory Chart

Dr Phone Fix Canada Annual Data

Trend

Dec22

Dec23

Change In Inventory

-0.27

0.12

Dr Phone Fix Canada Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24
Change In Inventory	-	0.02	0.10	0.32

Dr Phone Fix Canada Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was C$0.42 Mil.

Dr Phone Fix Canada (TSXV:DPF) Change In Inventory Explanation

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

Dr Phone Fix Canada's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.355	/	2.234	*	365 / 2
	=	110.69

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

Dr Phone Fix Canada's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.234	/	1.355
	=	1.65

3. 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.

Dr Phone Fix Canada's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.355	/	4.712
	=	0.29

Dr Phone Fix Canada Change In Inventory Related Terms

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Dr Phone Fix Canada Business Description

Industry

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Traded in Other Exchanges

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Address

10123 99 Street, Suite 2500, Edmonton, AB, CAN, T5J 3H1

Website

https://www.docphonefix.com

Dr Phone Fix Canada Corp is engaged in cell phone and electronics repair and pre-owned resale industry. It also sells certified pre-owned devices and a selection of accessories The company operates network of nearly 35 corporately owned cell phone and electronics repair stores.

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