Darelle Online Solutions (TSXV:DAR) Days Inventory : 0.00 (As of Feb. 2024)

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What is Darelle Online Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Darelle Online Solutions's Average Total Inventories for the three months ended in Feb. 2024 was C$0.00 Mil. Darelle Online Solutions's Cost of Goods Sold for the three months ended in Feb. 2024 was C$0.00 Mil.

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

TSXV:DAR's Days Inventory is not ranked ^*
in the Interactive Media industry.
Industry Median: 16.64
* Ranked among companies with meaningful Days Inventory only.

Darelle Online Solutions'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. Darelle Online Solutions's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.00.

Darelle Online Solutions Days Inventory Historical Data

The historical data trend for Darelle Online Solutions'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.

Darelle Online Solutions Days Inventory Chart

Darelle Online Solutions Annual Data

Trend

Aug14

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Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Inventory

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Darelle Online Solutions Quarterly Data
	May19	Aug19	Nov19	Feb20	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 Darelle Online Solutions's Days Inventory

For the Internet Content & Information subindustry, Darelle Online Solutions'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.

Darelle Online Solutions's Days Inventory Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Darelle Online Solutions's Days Inventory distribution charts can be found below:

* The bar in red indicates where Darelle Online Solutions's Days Inventory falls into.

Darelle Online Solutions Days Inventory Calculation

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

Darelle Online Solutions's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

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

Darelle Online Solutions'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	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Darelle Online Solutions (TSXV:DAR) 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.

Darelle Online Solutions's Inventory Turnover for the three months ended in Feb. 2024 is calculated as

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

Darelle Online Solutions's Inventory to Revenue for the three months ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.01
	=	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.

Darelle Online Solutions Days Inventory Related Terms

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

Darelle Online Solutions (TSXV:DAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Darelle Online Solutions Inc (TSXV:DAR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

4610 Sheridan Ridge Road, Nanaimo, BC, CAN, V9T 6S6

Website

https://www.darelle.com

Darelle Online Solutions Inc is a Canada-based company. The company is mainly engaged in providing an online raffle lottery system to charities. The online raffle program enables charitable and non-profit organizations to create, sell, deliver, and manage their raffle ticket and 50/50 draws completely online. In addition, the company is also engaged in the development of various software solutions that can be easily integrated with the customer's websites. The company's revenue consists of consideration from customers for set-up fees and processing fees.

Executives

Kyle Kotapski

10% Security Holder