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Fintech Select (TSXV:FTEC) Inventory-to-Revenue : 0.02 (As of Dec. 2023)


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What is Fintech Select Inventory-to-Revenue?

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 Average Total Inventories for the quarter that ended in Dec. 2023 was C$0.01 Mil. Fintech Select's Revenue for the three months ended in Dec. 2023 was C$0.65 Mil. Fintech Select's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

Fintech Select's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.02) to Sep. 2023 (0.02)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

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 three months ended in Dec. 2023 was 27.77.

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 3.29.


Fintech Select Inventory-to-Revenue Historical Data

The historical data trend for Fintech Select's Inventory-to-Revenue 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.

Fintech Select Inventory-to-Revenue Chart

Fintech Select Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 -

Fintech Select Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory-to-Revenue 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 0.03 0.01 0.02 0.02 0.02

Competitive Comparison of Fintech Select's Inventory-to-Revenue

For the Software - Infrastructure subindustry, Fintech Select's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


Fintech Select's Inventory-to-Revenue Distribution in the Software Industry

For the Software industry and Technology sector, Fintech Select's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Fintech Select's Inventory-to-Revenue falls into.



Fintech Select Inventory-to-Revenue Calculation

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 fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (0.016 + 0) / 1 ) / 3.822
=0.016 / 3.822
=0.00

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

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (0.014 + 0) / 1 ) / 0.653
=0.014 / 0.653
=0.02

* 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.


Fintech Select  (TSXV:FTEC) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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 three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=0.014/0.046*365 / 4
=27.77

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 (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=0.046 / 0.014
=3.29

* 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.


Fintech Select Inventory-to-Revenue Related Terms

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


Fintech Select (TSXV:FTEC) Business Description

Traded in Other Exchanges
Address
100 King Street W, Unit T201A, Chatham, ON, CAN, N7M 6A9
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

Fintech Select (TSXV:FTEC) Headlines

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