GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » QuoteMedia Inc (OTCPK:QMCI) » Definitions » Days Inventory

QuoteMedia (QuoteMedia) Days Inventory : 0.00 (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is QuoteMedia Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). QuoteMedia's Average Total Inventories for the three months ended in Dec. 2023 was $0.00 Mil. QuoteMedia's Cost of Goods Sold for the three months ended in Dec. 2023 was $2.32 Mil. Hence, QuoteMedia's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

QMCI's Days Inventory is not ranked *
in the Capital Markets industry.
Industry Median: 60.63
* Ranked among companies with meaningful Days Inventory only.

QuoteMedia's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 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. QuoteMedia's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


QuoteMedia Days Inventory Historical Data

The historical data trend for QuoteMedia'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.

QuoteMedia Days Inventory Chart

QuoteMedia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

QuoteMedia Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of QuoteMedia's Days Inventory

For the Financial Data & Stock Exchanges subindustry, QuoteMedia'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.


QuoteMedia's Days Inventory Distribution in the Capital Markets Industry

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

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



QuoteMedia Days Inventory Calculation

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

QuoteMedia's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 9.263*365
=0 / 9.263*365
=0.00

QuoteMedia's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 2.321*365 / 4
=0 / 2.321*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.


QuoteMedia  (OTCPK:QMCI) 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.

QuoteMedia's Inventory Turnover for the three months ended in Dec. 2023 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.

QuoteMedia's Inventory to Revenue for the three months ended in Dec. 2023 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.


QuoteMedia Days Inventory Related Terms

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


QuoteMedia (QuoteMedia) Business Description

Traded in Other Exchanges
N/A
Address
17100 East Shea Boulevard, Suite 230, Fountain Hills, AZ, USA, 85268
QuoteMedia Inc is a provider of financial data, news feeds, market research information, and financial software solutions to online brokerages, clearing firms, banks, financial service companies, media portals, and public corporations. It is a single source for a wide array of market information and services, including streaming stock market data feeds, research and analysis information, content applications, portfolio management systems, software products, corporate investor relations provisioning, news services, wireless applications, and custom development. The company has three general product lines: Interactive Content and Data Applications, Data Feed Services, and Portfolio Management Systems.
Executives
David Shworan director, officer: CEO 17100 SHEA BLVD STE 230, FOUNTAIN HILLS CA 85268
Keith J Randall officer: CFO 11909 E BECKER LANE, SCOTTSDALE AZ 85259
Robert James Thompson director
R Keith Guelpa director, officer: Chief Executive Officer 17100 SHEA BLVD, SUITE 230, FOUNTAIN HILLS AZ 85268

QuoteMedia (QuoteMedia) Headlines

From GuruFocus

QuoteMedia Announces 18% Revenue Growth for Q1 2022

By PurpleRose PurpleRose 07-12-2022

QuoteMedia Announces 18% Revenue Growth for Q1 2022

By GuruFocusNews GuruFocusNews 07-02-2022

QuoteMedia Announces 16% Revenue Growth for 2022

By sperokesalga sperokesalga 03-31-2023

QuoteMedia Achieves SOC 2 Type II Certification

By sperokesalga sperokesalga 03-24-2023

QuoteMedia Announces 18% Revenue Growth for Q1 2022

By GuruFocusNews GuruFocusNews 06-02-2022