FITY (Fifty 1 Labs) Days Inventory : 0.00 (As of Jun. 2024)

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What is Fifty 1 Labs Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fifty 1 Labs's Average Total Inventories for the six months ended in Jun. 2024 was $0.00 Mil. Fifty 1 Labs's Cost of Goods Sold for the six months ended in Jun. 2024 was $0.00 Mil.

The historical rank and industry rank for Fifty 1 Labs's Days Inventory or its related term are showing as below:

During the past 10 years, Fifty 1 Labs's highest Days Inventory was 5383.75. The lowest was 21.82. And the median was 50.16.

FITY's Days Inventory is not ranked ^*
in the Credit Services industry.
Industry Median: 45.42
* Ranked among companies with meaningful Days Inventory only.

Fifty 1 Labs's Days Inventory stayed the same from Jun. 2022 (0.00) to Jun. 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.

Fifty 1 Labs Days Inventory Historical Data

The historical data trend for Fifty 1 Labs'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.

Fifty 1 Labs Days Inventory Chart

Fifty 1 Labs Annual Data

Trend

Dec03

Dec04

Jun06

Jun07

Jun08

Jun09

Jun10

Jun22

Jun23

Jun24

Days Inventory

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50.24

22.50

5,383.75

Fifty 1 Labs Semi-Annual Data
	Dec03	Dec04	Jun06	Jun07	Jun08	Jun09	Jun10	Jun21	Jun22	Jun23	Jun24
Days Inventory	Get a 7-Day Free Trial						22.50	-	-	-	-

Competitive Comparison of Fifty 1 Labs's Days Inventory

For the Credit Services subindustry, Fifty 1 Labs'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.

Fifty 1 Labs's Days Inventory Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Fifty 1 Labs's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fifty 1 Labs's Days Inventory falls into.

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Fifty 1 Labs Days Inventory Calculation

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

Fifty 1 Labs's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

	Days Inventory (A: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Fifty 1 Labs's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

	Days Inventory (Q: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 2
=	0					/	0	*	365 / 2
=	N/A

Fifty 1 Labs (OTCPK:FITY) 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.

Fifty 1 Labs's Inventory Turnover for the six months ended in Jun. 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.

Fifty 1 Labs's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

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

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.

Fifty 1 Labs Days Inventory Related Terms

Thank you for viewing the detailed overview of Fifty 1 Labs's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Fifty 1 Labs Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Fifty 1 Labs Inc (OTCPK:FITY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

751 North Drive, STE 11, Melbourne, FL, USA, 32934

Website

https://www.fifty1labs.com

Fifty 1 Labs Inc is a holding company with four subsidiaries that operate in the sports supplement, fitness equipment, and health and wellness industries, respectively.

Executives

Scott Eugene Miller	officer: CEO	2239 N. HAYDEN RD., SUITE 100, SCOTTSDALE AZ 85257
Jamie Kerr	director, 10 percent owner, officer: President	2925 N. 67TH PLACE, SCOTTSDALE AZ 85251
John Shaffer	director, officer: Treasurer	2925 N. 67TH PLACE, SCOTTSDALE AZ 85251