Armada Data (TSXV:ARD) Change In Inventory : C$0.00 Mil (TTM As of Feb. 2024)

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What is Armada Data Change In Inventory?

Armada Data's change in inventory for the quarter that ended in Feb. 2024 was C$0.00 Mil. It means Armada Data's inventory stayed the same from Nov. 2023 to Feb. 2024 .

Armada Data's change in inventory for the fiscal year that ended in May. 2023 was C$0.00 Mil. It means Armada Data's inventory stayed the same from May. 2022 to May. 2023 .

Armada Data's Total Inventories for the quarter that ended in Feb. 2024 was C$0.00 Mil.

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

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. Armada Data's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.00.

Armada Data Change In Inventory Historical Data

The historical data trend for Armada Data'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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Armada Data Change In Inventory Chart

Armada Data Annual Data

Trend

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Change In Inventory

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Armada Data Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Armada Data 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Armada Data (TSXV:ARD) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	0	*	365 / 4
	=	N/A

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

Armada Data's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

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

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.

Armada Data's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.573
	=	0.00

Armada Data Change In Inventory Related Terms

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Armada Data (TSXV:ARD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Armada Data Corp (TSXV:ARD) » Definitions » Change In Inventory

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Traded in Other Exchanges

N/A

Address

5080 Timberlea Boulevard, Suite 215, Mississauga, ON, CAN, L4W 4M2

Website

https://www.armadadata.com

Armada Data Corp is primarily involved in the accumulation and sale of data related to the purchase of new and used vehicles. The reportable segments of the company are Insurance services, CarCost Canada, and information technology services. The company generates the majority of revenue from Insurance services.

Executives

Glenn Hrabovsky

Director