Karbon-X (Karbon-X) Days Inventory : 0.00 (As of Feb. 2024)

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What is Karbon-X Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Karbon-X's Average Total Inventories for the three months ended in Feb. 2024 was $0.00 Mil. Karbon-X's Cost of Goods Sold for the three months ended in Feb. 2024 was $0.22 Mil. Hence, Karbon-X's Days Inventory for the three months ended in Feb. 2024 was 0.00.

The historical rank and industry rank for Karbon-X's Days Inventory or its related term are showing as below:

KARX's Days Inventory is not ranked ^*
in the Media - Diversified industry.
Industry Median: 26.41
* Ranked among companies with meaningful Days Inventory only.

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

Karbon-X Days Inventory Historical Data

The historical data trend for Karbon-X'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.

Karbon-X Days Inventory Chart

Karbon-X Annual Data

Trend

May22

May23

Days Inventory

Karbon-X Quarterly Data
	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Inventory	Get a 7-Day Free Trial				-	-	-	-	-

Competitive Comparison of Karbon-X's Days Inventory

For the Advertising Agencies subindustry, Karbon-X'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.

Karbon-X's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Karbon-X's Days Inventory distribution charts can be found below:

* The bar in red indicates where Karbon-X's Days Inventory falls into.

Karbon-X Days Inventory Calculation

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

Karbon-X'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 )	/	0.001	*	365
=	0					/	0.001	*	365
=	0.00

Karbon-X'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 )	/	0.224	*	365 / 4
=	0					/	0.224	*	365 / 4
=	0.00

Karbon-X (OTCPK:KARX) 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.

Karbon-X's Inventory Turnover for the three months ended in Feb. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.224	/	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.

Karbon-X's Inventory to Revenue for the three months ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.247
	=	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.

Karbon-X Days Inventory Related Terms

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

Karbon-X (Karbon-X) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Karbon-X Corp (OTCPK:KARX) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

910 7TH AVE SW, SUITE 1000, Calgary, AB, CAN, T2P 3N8

Website

https://www.karbon-x.com

Karbon-X Corp is a tech-based carbon marketing company specializing in selling carbon credits direct to business or through an owned APP to the everyday person while investing in projects that have the potential to generate carbon credits and supplies in an online social media community to encourage change and growth. The Company sells carbon offsets to mining, forestry, civic earthworks, transportation and oil and gas servicing companies based on their total fossil fuel consumption for individual projects.