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BuildDirect.com Technologies (TSXV:BILD) Change In Inventory : C$0.67 Mil (TTM As of Dec. 2023)


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What is BuildDirect.com Technologies Change In Inventory?

BuildDirect.com Technologies's change in inventory for the quarter that ended in Dec. 2023 was C$0.20 Mil. It means BuildDirect.com Technologies's inventory declined by C$0.20 Mil from Sep. 2023 to Dec. 2023 .

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

BuildDirect.com Technologies's Total Inventories for the quarter that ended in Dec. 2023 was C$8.28 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BuildDirect.com Technologies's Days Inventory for the quarter that ended in Dec. 2023 was 52.25.

Inventory Turnover measures how fast the company turns over its inventory within a year. BuildDirect.com Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.75.

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. BuildDirect.com Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.37.


BuildDirect.com Technologies Change In Inventory Historical Data

The historical data trend for BuildDirect.com Technologies'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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BuildDirect.com Technologies Change In Inventory Chart

BuildDirect.com Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Change In Inventory
-0.05 -1.86 1.08 0.65

BuildDirect.com Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.42 0.24 -0.95 1.18 0.20

BuildDirect.com Technologies 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.67 Mil.

* 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.


BuildDirect.com Technologies  (TSXV:BILD) Change In Inventory Explanation

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

BuildDirect.com Technologies's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=8.4185/14.703*365 / 4
=52.25

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

BuildDirect.com Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

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.

BuildDirect.com Technologies's Inventory to Revenue for the quarter that ended in Dec. 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.


BuildDirect.com Technologies Change In Inventory Related Terms

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BuildDirect.com Technologies (TSXV:BILD) Business Description

Traded in Other Exchanges
Address
200 Granville Street, Suite 90, Vancouver, BC, CAN, V6C 1S4
BuildDirect.com Technologies Inc is a marketplace for purchasing and selling building materials online. It has two operating segments, BuildDirect.com and Independent Retailers. The platform connects homeowners and home improvement professionals in North America with suppliers and sellers of quality building materials from around the world, including flooring, tile, decking, and more.
Executives
Milan Roy Director

BuildDirect.com Technologies (TSXV:BILD) Headlines

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