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DriveItAway Holdings (DriveItAway Holdings) Days Inventory : 0.00 (As of Mar. 2024)


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What is DriveItAway Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). DriveItAway Holdings's Average Total Inventories for the three months ended in Mar. 2024 was $0.00 Mil. DriveItAway Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.08 Mil. Hence, DriveItAway Holdings's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

DWAY's Days Inventory is not ranked *
in the Business Services industry.
Industry Median: 28.965
* Ranked among companies with meaningful Days Inventory only.

DriveItAway Holdings's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 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. DriveItAway Holdings's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


DriveItAway Holdings Days Inventory Historical Data

The historical data trend for DriveItAway Holdings'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.

DriveItAway Holdings Days Inventory Chart

DriveItAway Holdings Annual Data
Trend Sep21 Sep22 Sep23
Days Inventory
- - -

DriveItAway Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of DriveItAway Holdings's Days Inventory

For the Rental & Leasing Services subindustry, DriveItAway Holdings'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.


DriveItAway Holdings's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, DriveItAway Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where DriveItAway Holdings's Days Inventory falls into.



DriveItAway Holdings Days Inventory Calculation

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

DriveItAway Holdings's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

Days Inventory (A: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0.238*365
=0 / 0.238*365
=0.00

DriveItAway Holdings's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0.077*365 / 4
=0 / 0.077*365 / 4
=0.00

* 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.


DriveItAway Holdings  (OTCPK:DWAY) 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.

DriveItAway Holdings's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

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.

DriveItAway Holdings's Inventory to Revenue for the three months ended in Mar. 2024 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.


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.


DriveItAway Holdings Days Inventory Related Terms

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


DriveItAway Holdings (DriveItAway Holdings) Business Description

Traded in Other Exchanges
N/A
Address
3201 Market Street, Suite 200/201, Philadelphia, PA, USA, 10104
DriveItAway Holdings Inc provides dealer focused mobility platform that enables car dealers to sell more vehicles in a seamless way through eCommerce, with its Pay as You Go app-based subscription program. DIA provides a comprehensive turn-key, solutions-driven program with proprietary mobile technology and driver app, insurance coverages, and training to get dealerships up and running quickly and profitably in emerging online sales opportunities.
Executives
Paul Patrizio director, 10 percent owner 90 WASHINGTON VALLEY ROAD, BEDMINSTER NJ 07921
John Francis Possumato director, 10 percent owner, officer: Chief Executive Officer 116 THIRD AVENUE, HADDON HEIGHTS NJ 08035
Adam Joseph Potash director, 10 percent owner, officer: Chief Operating Officer 259-10, HILLSIDE AVENUE, APT. 6H, FLORAL PARK NY 11004
Aep Holdings Llc 10 percent owner 1 WHITE BUCK RUN, WARREN NJ 07059
Minds' Eye Innovations, Inc. 10 percent owner 259-10 HILLSIDE AVENUE, APT. 6H, FLORAL PARK NY 11004
Driveltaway Llc 10 percent owner 116 THIRD AVENUE, HADDON HEIGHTS NJ 08035
Zell Richard Gery Ii director 8 GEARYS RIDGE RD, RINGOES NJ 08551
Christopher Rego director 212 BELLEROSE DR., SAN JOSE CA 95128
Franventures, Llc 10 percent owner 796 CYPRESS CROSSING TRAIL, ST. AUGUSTINE FL 32095
Blake Furlow director, 10 percent owner 2110 N WESTGATE, BOISE ID 83704
Bart Jay Mitchell director 7853 N HILLIARD CT, COEUR D' ALENE ID 83815
Gary L Herman director 720 FIFTH AVE, 10TH FLOOR, NEW YORK NY 10019
Karla Kretsch officer: Chief Operating Officer 701 MARKET STREET, SUITE 113, ST. AUGUSTINE FL 32095
Christian Miller officer: Chief Financial Officer 701 MARKET STREET, SUITE 113, ST. AUGUSTINE FL 32095
Joyann Kenny-charlton director 194 TWINING BRIDGE ROAD, NEWTOWN PA 18940

DriveItAway Holdings (DriveItAway Holdings) Headlines