Fintech Select (TSXV:FTEC) Change In Inventory : C$0.02 Mil (TTM As of Dec. 2023)

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What is Fintech Select Change In Inventory?

Fintech Select's change in inventory for the quarter that ended in Dec. 2023 was C$0.01 Mil. It means Fintech Select's inventory declined by C$0.01 Mil from Sep. 2023 to Dec. 2023 .

Fintech Select's change in inventory for the fiscal year that ended in Dec. 2023 was C$0.02 Mil. It means Fintech Select's inventory declined by C$0.02 Mil from Dec. 2022 to Dec. 2023 .

Fintech Select's Total Inventories for the quarter that ended in Dec. 2023 was C$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fintech Select's Days Inventory for the quarter that ended in Dec. 2023 was 13.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fintech Select's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.57.

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. Fintech Select's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Fintech Select Change In Inventory Historical Data

The historical data trend for Fintech Select's Change In 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.

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Fintech Select Change In Inventory Chart

Fintech Select Annual Data

Trend

Dec14

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Dec23

Change In Inventory

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0.02

Fintech Select Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	0.01

Fintech Select Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.02 Mil.

Fintech Select (TSXV:FTEC) Change In Inventory Explanation

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

Fintech Select's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.007	/	0.046	*	365 / 4
	=	13.89

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Fintech Select's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.046	/	0.007
	=	6.57

3. 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.

Fintech Select's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.007	/	0.653
	=	0.01

Fintech Select Change In Inventory Related Terms

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Fintech Select (TSXV:FTEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fintech Select Ltd (TSXV:FTEC) » Definitions » Change In Inventory

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Traded in Other Exchanges

SLXXF:USA Z1S1:Germany

Address

100 King Street W, Unit T201A, Chatham, ON, CAN, N7M 6A9

Website

https://www.fintechselect.com

Fintech Select Ltd is a provider of prepaid card schemes, online payment platforms, and POS cryptocurrency platforms, all internally developed platforms. It also operates a multi-lingual call center that provides services to customers across all its platforms, and third-party customers. The company operated in three business segments which include Distribution, Call Center, and Financial Services. Its distribution sells prepaid wireless airtime and its Financial Services division provides prepaid debit card services.

Executives

Syed Naveed Ul Hassan

Director