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Alta Global Group (Alta Global Group) Days Inventory : 0.00 (As of Jun. 2023)


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What is Alta Global Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alta Global Group's Average Total Inventories for the six months ended in Jun. 2023 was $0.00 Mil. Alta Global Group's Cost of Goods Sold for the six months ended in Jun. 2023 was $0.16 Mil. Hence, Alta Global Group's Days Inventory for the six months ended in Jun. 2023 was 0.00.

The historical rank and industry rank for Alta Global Group's Days Inventory or its related term are showing as below:

MMA's Days Inventory is not ranked *
in the Travel & Leisure industry.
Industry Median: 35.27
* Ranked among companies with meaningful Days Inventory only.

Alta Global Group's Days Inventory stayed the same from . 20 (0.00) to Jun. 2023 (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. Alta Global Group's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.00.

Alta Global Group Days Inventory Historical Data

The historical data trend for Alta Global Group'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.

Alta Global Group Days Inventory Chart

Alta Global Group Annual Data
Trend Jun22 Jun23
Days Inventory
- -

Alta Global Group Semi-Annual Data
Jun22 Jun23
Days Inventory - -

Competitive Comparison of Alta Global Group's Days Inventory

For the Leisure subindustry, Alta Global Group'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.

Alta Global Group's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Alta Global Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Alta Global Group's Days Inventory falls into.


Alta Global Group Days Inventory Calculation

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

Alta Global Group's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0.155*365
=0 / 0.155*365
=0.00

Alta Global Group's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0.155*365 / 2
=0 / 0.155*365 / 2
=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.

Alta Global Group  (AMEX:MMA) 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.

Alta Global Group's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.155 / 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.

Alta Global Group's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 / 1.032
=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.

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.

Alta Global Group Days Inventory Related Terms

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Alta Global Group (Alta Global Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Alta Global Group Ltd (AMEX:MMA) » Definitions » Days Inventory
Comparable Companies
Traded in Other Exchanges
N/A
Address
Level 1, 29-33, Suite 1, The Corso, Manly, Sydney, NSW, AUS, 2095
Website
https://www.trainalta.com
Alta Global Group Ltd is a technology company that is enabling the global martial arts and combat sports industry to maximize the monetization opportunities available to the sector by increasing consumer participation in the sport and building upon existing community offerings within the sector. The Alta Platform serves as a comprehensive solution for martial arts and combat sports, offering a blend of four core products: the Warrior Training Program, UFC Fight Fit Program, Alta Academy, and the Alta Community.

Alta Global Group (Alta Global Group) Headlines

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