Quizam Media (XCNQ:QQ) Change In Inventory : C$0.04 Mil (TTM As of Feb. 2024)

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What is Quizam Media Change In Inventory?

Quizam Media's change in inventory for the quarter that ended in Feb. 2024 was C$0.08 Mil. It means Quizam Media's inventory declined by C$0.08 Mil from Nov. 2023 to Feb. 2024 .

Quizam Media's change in inventory for the fiscal year that ended in May. 2023 was C$-0.08 Mil. It means Quizam Media's inventory increased by C$0.08 Mil from May. 2022 to May. 2023 .

Quizam Media's Total Inventories for the quarter that ended in Feb. 2024 was C$0.28 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Quizam Media's Days Inventory for the quarter that ended in Feb. 2024 was 27.46.

Inventory Turnover measures how fast the company turns over its inventory within a year. Quizam Media's Inventory Turnover for the quarter that ended in Feb. 2024 was 3.32.

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. Quizam Media's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.19.

Quizam Media Change In Inventory Historical Data

The historical data trend for Quizam Media'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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Quizam Media Change In Inventory Chart

Quizam Media Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Change In Inventory

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-0.02

-0.10

-0.15

-0.08

Quizam Media 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															-0.05	-0.04	-	-	0.08

Quizam Media 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$0.04 Mil.

Quizam Media (XCNQ:QQ) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.3145	/	1.045	*	365 / 4
	=	27.46

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.045	/	0.3145
	=	3.32

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.3145	/	1.69
	=	0.19

Quizam Media Change In Inventory Related Terms

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Quizam Media (XCNQ:QQ) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Quizam Media Corp (XCNQ:QQ) » Definitions » Change In Inventory

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Address

609 Granville Street, Po Box 10381, Suite 650, Vancouver, BC, CAN, V7Y 1G6

Website

http://www.quizammedia.com

Quizam Media Corp is a company whose principal business activities consist of providing computer training and consulting services, marketing of a computer-based educational program, film production and cannabis retail sales. It produces and acquires content for both entertainment and corporate education. The company does its sales via geographical segments that include Canada, USA and Europe. The majority of its revenue is derived from Canada.

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