Givex (TSX:GIVX) Change In Inventory : C$1.27 Mil (TTM As of Mar. 2024)

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What is Givex Change In Inventory?

Givex's change in inventory for the quarter that ended in Mar. 2024 was C$0.50 Mil. It means Givex's inventory declined by C$0.50 Mil from Dec. 2023 to Mar. 2024 .

Givex's change in inventory for the fiscal year that ended in Dec. 2023 was C$0.65 Mil. It means Givex's inventory declined by C$0.65 Mil from Dec. 2022 to Dec. 2023 .

Givex's Total Inventories for the quarter that ended in Mar. 2024 was C$2.97 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Givex's Days Inventory for the quarter that ended in Mar. 2024 was 43.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. Givex's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.10.

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. Givex's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.15.

Givex Change In Inventory Historical Data

The historical data trend for Givex'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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Givex Change In Inventory Chart

Givex Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-1.62

0.65

Givex Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial										-0.13	0.21	0.48	0.09	0.50

Givex 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1.27 Mil.

Givex (TSX:GIVX) Change In Inventory Explanation

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

Givex's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	3.2165	/	6.756	*	365 / 4
	=	43.44

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

Givex's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6.756	/	3.2165
	=	2.10

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.

Givex's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.2165	/	20.804
	=	0.15

Givex Change In Inventory Related Terms

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Givex (TSX:GIVX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Givex Corp (TSX:GIVX) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

GIVXF:USA

Address

134 Peter Street, Toronto, ON, CAN, M5V 2H2

Website

https://web.givex.com

Givex Corp is a cloud-based, omnichannel technology platform, that integrates gift and loyalty programs, point of sale systems, and flexible payment services to enterprise-level retail and hospitality merchants. Its products include Gift cards, Loyalty Programs, Mobile App, Analytics, and Ordering kiosk among others. Geographically, it derives a majority of revenue from Canada.

Executives

Marc Ladouceur

Director or Senior Officer of 10% Security Holder

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