Applied Digital (Applied Digital) Days Inventory : 0.00 (As of Feb. 2024)

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What is Applied Digital Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Applied Digital's Average Total Inventories for the three months ended in Feb. 2024 was $0.0 Mil. Applied Digital's Cost of Goods Sold for the three months ended in Feb. 2024 was $47.1 Mil. Hence, Applied Digital's Days Inventory for the three months ended in Feb. 2024 was 0.00.

The historical rank and industry rank for Applied Digital's Days Inventory or its related term are showing as below:

During the past 11 years, Applied Digital's highest Days Inventory was 271.86. The lowest was 16.64. And the median was 23.56.

APLD's Days Inventory is not ranked ^*
in the Capital Markets industry.
Industry Median: 62.495
* Ranked among companies with meaningful Days Inventory only.

Applied Digital's Days Inventory stayed the same from Feb. 2023 (0.00) to Feb. 2024 (0.00).

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. Applied Digital's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.00.

Applied Digital Days Inventory Historical Data

The historical data trend for Applied Digital's Days 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.

Applied Digital Days Inventory Chart

Applied Digital Annual Data

Trend

May03

May04

May05

May06

May07

May08

May20

May21

May22

May23

Days Inventory

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271.86

Applied Digital Quarterly Data
	May08	Aug08	Nov08	Feb09	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Applied Digital's Days Inventory

For the Capital Markets subindustry, Applied Digital's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Applied Digital's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Applied Digital's Days Inventory distribution charts can be found below:

* The bar in red indicates where Applied Digital's Days Inventory falls into.

Applied Digital Days Inventory Calculation

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

Applied Digital's Days Inventory for the fiscal year that ended in May. 2023 is calculated as

	Days Inventory (A: May. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: May. 2022 )	+	Total Inventories (A: May. 2023 ))	/	count )	/	Cost of Goods Sold (A: May. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	44.388	*	365
=	0					/	44.388	*	365
=	0.00

Applied Digital's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

	Days Inventory (Q: Feb. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Nov. 2023 )	+	Total Inventories (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	47.061	*	365 / 4
=	0					/	47.061	*	365 / 4
=	0.00

Applied Digital (NAS:APLD) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Applied Digital's Inventory Turnover for the three months ended in Feb. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	47.061	/	0
	=

2. 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.

Applied Digital's Inventory to Revenue for the three months ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	43.348
	=	0.00

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Applied Digital Days Inventory Related Terms

Thank you for viewing the detailed overview of Applied Digital's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Applied Digital (Applied Digital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Applied Digital Corp (NAS:APLD) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

3811 Turtle Creek Boulevard, Suite 2100, Dallas, TX, USA, 75219

Website

https://www.applieddigital.com

Applied Digital Corp designs, develops and operates next-generation datacenters across North America to provide digital infrastructure solutions to the rapidly growing high performance computing industry.

Executives

Virginia Moore	director	3811 TURTLE CREEK BOULEVARD, SUITE 2100, C/O APPLIED BLOCKCHAIN,INC., DALLAS TX 75219
Richard N Nottenburg	director	1303 EAST ALGONQUIN ROAD, SCHAUMBURG IL 60196
Michael Maniscalco	officer: Chief Technology Officer	3811 TURTLE CREEK BOULEVARD, SUITE 2100, DALLAS TX 75219
Wes Cummins	director, 10 percent owner, officer: CEO & Chairman	4505 LORRAINE AVE, DALLAS TX 75205
David Rench	officer: Chief Financial Officer	3811 TURTLE CREEK BOULEVARD, SUITE 2100, C/O APPLIED BLOCKCHAIN, INC., DALLAS TX 75219
Regina Ingel	officer: EVP - Operations	3811 TURTLE CREEK BOULEVARD, SUITE 2100, C/O APPLIED BLOCKCHAIN, INC., DALLAS TX 75219
Chuck Hastings	director	3811 TURTLE CREEK BOULEVARD, SUITE 2100, C/O APPLIED BLOCKCHAIN, INC., DALLAS TX 75219
Douglas S Miller	director	C/O TELENAV, INC., 4655 GREAT AMERICA PK, SUITE 300, SANTA CLARA CA 95054
Jason Zhang	director	3811 TURTLE CREEK BOULEVARD, SUITE 2100, C/O APPLIED BLOCKCHAIN, INC., DALLAS TX 75219
Kelli Mcdonald	director	3811 TURTLE CREEK BOULEVARD, SUITE 2100, C/O APPLIED BLOCKCHAIN, INC., DALLAS TX 75219
Richard S Rosenfeld	officer: CFO	105 STONEBRIDGE ROAD, MONTCLAIR NJ 07042
James A Schwartz	director	28 COTTRELL STREET, MYSTIC CT 06355
Riley Investment Partners Master Fund, L.p.	10 percent owner	11100 SANTA MONICA BOULEVARD, SUITE 810, LOS ANGELES CA 90025
Riley Investment Management Llc	10 percent owner	11100 SANTA MONICA BLVD., SUITE 810, LOS ANGELES CA 90025
Frank L Rees	director, officer: Executive Vice-President