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Quisitive Technology Solutions (TSXV:QUIS) Change In Inventory : C$0.2 Mil (TTM As of Dec. 2023)


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What is Quisitive Technology Solutions Change In Inventory?

Quisitive Technology Solutions's change in inventory for the quarter that ended in Dec. 2023 was C$0.0 Mil. It means Quisitive Technology Solutions's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Quisitive Technology Solutions's change in inventory for the fiscal year that ended in Dec. 2023 was C$0.0 Mil. It means Quisitive Technology Solutions's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Quisitive Technology Solutions's Total Inventories for the quarter that ended in Dec. 2023 was C$0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Quisitive Technology Solutions's Days Inventory for the quarter that ended in Dec. 2023 was 4.61.

Inventory Turnover measures how fast the company turns over its inventory within a year. Quisitive Technology Solutions's Inventory Turnover for the quarter that ended in Dec. 2023 was 19.79.

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. Quisitive Technology Solutions's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.


Quisitive Technology Solutions Change In Inventory Historical Data

The historical data trend for Quisitive Technology Solutions'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.

* Premium members only.

Quisitive Technology Solutions Change In Inventory Chart

Quisitive Technology Solutions Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 -0.37 -1.34 0.05 -

Quisitive Technology Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.89 -0.47 -0.26 - -

Quisitive Technology Solutions 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$0.2 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.


Quisitive Technology Solutions  (TSXV:QUIS) Change In Inventory Explanation

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

Quisitive Technology Solutions's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=1.1075/21.922*365 / 4
=4.61

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

Quisitive Technology Solutions'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.

Quisitive Technology Solutions'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.


Quisitive Technology Solutions Change In Inventory Related Terms

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Quisitive Technology Solutions (TSXV:QUIS) Business Description

Traded in Other Exchanges
Address
161 Bay Street, Suite 2325, Toronto, ON, CAN, M5J 2S1
Quisitive Technology Solutions Inc is a Microsoft solutions provider. It offers Microsoft Azure, Microsoft Dynamics business applications and Microsoft O365 as well as proprietary Software as a Service (SaaS) solutions such as CRG emPerform, LedgerPay, and business solutions from other technology partners that complement the Microsoft platform. Its operating segments are Global Cloud Solutions and Global Payment Processing Solutions. Global Cloud Solutions segment contributes majorly in terms of revenue. The company has a business presence in the US and Canada, of which prime revenue is derived from the USA.
Executives
Michael Robert Reinhart Senior Officer
David Dean Guebert Director

Quisitive Technology Solutions (TSXV:QUIS) Headlines

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