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Rumble (Rumble) Inventory Turnover : 0.00 (As of Mar. 2024)


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What is Rumble Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Rumble's Cost of Goods Sold for the three months ended in Mar. 2024 was $31.83 Mil. Rumble's Average Total Inventories for the quarter that ended in Mar. 2024 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rumble's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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. Rumble's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.


Rumble Inventory Turnover Historical Data

The historical data trend for Rumble's Inventory Turnover 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.

Rumble Inventory Turnover Chart

Rumble Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
- - - - -

Rumble Quarterly Data
Dec19 Sep20 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory Turnover 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 - - - - -

Rumble Inventory Turnover Calculation

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

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=146.156 / ((0 + 0) / 1 )
=146.156 / 0
=N/A

Rumble's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=31.828 / ((0 + 0) / 1 )
=31.828 / 0
=N/A

* 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.


Rumble  (NAS:RUM) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Rumble's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=0/31.828*365 / 4
=0.00

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.

Rumble's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=0 / 17.733
=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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Rumble Inventory Turnover Related Terms

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Rumble (Rumble) Business Description

Traded in Other Exchanges
N/A
Address
444 Gulf of Mexico Dr, Longboat Key, FL, USA, 34228
Rumble Inc is a free-to-use video-sharing platform where users can watch, share, like, comment, and upload their own videos. Users can subscribe to channels to stay in touch with recent creator content and access video-on-demand uploaded, and live content streamed, by creators. Geographically, it generates a majority of its revenue from the US.
Executives
Ryan Milnes director, 10 percent owner 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
David O Sacks director 855 FRONT STREET, SAN FRANCISCO CA 94111
Paul T Cappuccio director TIME WARNER INC., ONE TIME WARNER CENTER, NEW YORK NY 10019
Michael Jay Ellis officer: Gen.Counsel & Corp. Sectry 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Tyler Hughes officer: Chief Operating Officer 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Wojciech Hlibowicki officer: Chief Technology Officer 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Robert Arsov director 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Brandon Alexandroff officer: Chief Financial Officer 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Cfac Holdings Vi, Llc 10 percent owner 110 EAST 59TH STREET, NEW YORK NY 10022
Nancy Armstrong director 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Ethan Fallang director 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Claudio Ramolo officer: Chief Content Officer 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Christopher Pavlovski director, 10 percent owner, officer: Chief Executive Officer 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Natasha Cornstein director CF ACQUISITION CORP. V, 110 EAST 59TH STREET, NEW YORK NY 10022
Steven Bisgay director 545 WASHINGTON BLVD, JERSEY CITY NJ 07310