Cathedra Bitcoin (TSXV:CBIT) Days Inventory : 0.00 (As of Mar. 2024)

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What is Cathedra Bitcoin Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cathedra Bitcoin's Average Total Inventories for the three months ended in Mar. 2024 was C$0.00 Mil. Cathedra Bitcoin's Cost of Goods Sold for the three months ended in Mar. 2024 was C$4.00 Mil. Hence, Cathedra Bitcoin's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

During the past 12 years, Cathedra Bitcoin's highest Days Inventory was 1749.96. The lowest was 4.24. And the median was 193.93.

TSXV:CBIT's Days Inventory is not ranked ^*
in the Capital Markets industry.
Industry Median: 66.435
* Ranked among companies with meaningful Days Inventory only.

Cathedra Bitcoin's Days Inventory stayed the same from Dec. 2022 (0.00) to Mar. 2024 (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. Cathedra Bitcoin's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.

Cathedra Bitcoin Days Inventory Historical Data

The historical data trend for Cathedra Bitcoin'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.

Cathedra Bitcoin Days Inventory Chart

Cathedra Bitcoin Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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1,749.96

193.93

4.24

Cathedra Bitcoin Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Cathedra Bitcoin's Days Inventory

For the Capital Markets subindustry, Cathedra Bitcoin'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.

Cathedra Bitcoin's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cathedra Bitcoin's Days Inventory distribution charts can be found below:

* The bar in red indicates where Cathedra Bitcoin's Days Inventory falls into.

Cathedra Bitcoin Days Inventory Calculation

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

Cathedra Bitcoin'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	+	0)	/	1 )	/	12.952	*	365
=	0					/	12.952	*	365
=	0.00

Cathedra Bitcoin's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	4	*	365 / 4
=	0					/	4	*	365 / 4
=	0.00

Cathedra Bitcoin (TSXV:CBIT) 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.

Cathedra Bitcoin's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4	/	0
	=

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.

Cathedra Bitcoin's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	4.123
	=	0.00

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.

Cathedra Bitcoin Days Inventory Related Terms

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

Cathedra Bitcoin (TSXV:CBIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Cathedra Bitcoin Inc (TSXV:CBIT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

CBTTF:USA FB00:Germany

Address

320 - 638 Broughton Street, Vancouver, BC, CAN, V6G 3K3

Website

https://www.cathedra.com

Cathedra Bitcoin Inc is a Bitcoin company that believes sound money and abundant energy are the keys to human flourishing. The Company has diversified bitcoin mining operations which produce 355 PH/s across three states and five locations in the United States. The Company is focused on managing and expanding its portfolio of hash rate through a diversified approach to site selection and operations, utilizing multiple energy sources across various jurisdictions.

Executives

Thomas Armstrong

Director, Senior Officer

Cathedra Bitcoin (TSXV:CBIT) Headlines

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