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Flexpoint Sensor Systems (Flexpoint Sensor Systems) Days Inventory : 0.00 (As of Dec. 2023)


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What is Flexpoint Sensor Systems Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Flexpoint Sensor Systems's Average Total Inventories for the three months ended in Dec. 2023 was $0.00 Mil. Flexpoint Sensor Systems's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.01 Mil. Hence, Flexpoint Sensor Systems's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

During the past 13 years, Flexpoint Sensor Systems's highest Days Inventory was 283.89. The lowest was 283.89. And the median was 283.89.

FLXT's Days Inventory is not ranked *
in the Hardware industry.
Industry Median: 103.88
* Ranked among companies with meaningful Days Inventory only.

Flexpoint Sensor Systems'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. Flexpoint Sensor Systems's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


Flexpoint Sensor Systems Days Inventory Historical Data

The historical data trend for Flexpoint Sensor Systems'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.

Flexpoint Sensor Systems Days Inventory Chart

Flexpoint Sensor Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Flexpoint Sensor Systems Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Flexpoint Sensor Systems's Days Inventory

For the Scientific & Technical Instruments subindustry, Flexpoint Sensor Systems'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.


Flexpoint Sensor Systems's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Flexpoint Sensor Systems's Days Inventory distribution charts can be found below:

* The bar in red indicates where Flexpoint Sensor Systems's Days Inventory falls into.



Flexpoint Sensor Systems Days Inventory Calculation

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

Flexpoint Sensor Systems'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 ) / 0.034*365
=0 / 0.034*365
=0.00

Flexpoint Sensor Systems'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 ) / 0.012*365 / 4
=0 / 0.012*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.


Flexpoint Sensor Systems  (OTCPK:FLXT) 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.

Flexpoint Sensor Systems'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.

Flexpoint Sensor Systems'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.


Flexpoint Sensor Systems Days Inventory Related Terms

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


Flexpoint Sensor Systems (Flexpoint Sensor Systems) Business Description

Traded in Other Exchanges
N/A
Address
5718 W Dannon Way, Suite B, West Jordan, UT, USA, 84081
Flexpoint Sensor Systems Inc designs, manufactures and markets flexible Bend Sensor technology. The Bend Sensor is used for myriad applications, spanning multiple markets such as automotive and transportation, wearables, medical, industrial controls, consumer products, and toys/gaming. Its products include Bend Sensor, and USB Bend Sensor Kit.
Executives
Clark M Mower director, officer: President, CEO 106 W. BUSINESS PARK DRIVE, DRAPER UT 84020
Thomas N Strong officer: CFO/comptroller & Sec./Treas. 106 WEST BUSINESS PARK DRIVE, DRAPER UT 84020
Atkinson B Fred Jr officer: Secretary/Treasurer 106 W. BUSINESS PARK DRIVE, DRAPER UT 84020
Gill Ruland J Jr director 532 HERITAGE DRIVE, BOUNTIFUL UT 84010
John A Sindt director 47 E 7200 SOUTH, #201, MIDVALE UT 84047
Donald E Shelley other: Former Sec./Treas. 160 W 1200 S, DRAPER UT 84020
First Equity Holdings Corp 10 percent owner 2157 S LINCOLN ST, SALT LAKE CITY UT 84106

Flexpoint Sensor Systems (Flexpoint Sensor Systems) Headlines

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