FTWS (Flitways Technology) Days Inventory: 0.00 (As of Mar. 2019)


What is Flitways Technology Days Inventory?

Flitways Technology FTWS -90.00% Days Inventory is 0.00 as of Mar. 2019.

Days Inventory is also known as Days Sales of Inventory (DSI). Flitways Technology's Average Total Inventories for the three months ended in Mar. 2019 was $0.00 Mil. Flitways Technology's Cost of Goods Sold for the three months ended in Mar. 2019 was $0.02 Mil. Hence, Flitways Technology's Days Inventory for the three months ended in Mar. 2019 was 0.00.

The historical rank and industry rank for Flitways Technology's Days Inventory or its related term are showing as below:

FTWS's Days Inventory is not ranked *
in the Software industry.
Industry Median: 20.13
* Ranked among companies with meaningful Days Inventory only.

Flitways Technology's Days Inventory stayed the same from Mar. 2018 (0.00) to Mar. 2019 (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. Flitways Technology's Inventory-to-Revenue for the three months ended in Mar. 2019 was 0.00.

Flitways Technology  (OTCPK:FTWS) 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.

Flitways Technology's Inventory Turnover for the three months ended in Mar. 2019 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.022 / 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.

Flitways Technology's Inventory to Revenue for the three months ended in Mar. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 / 0.024
=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

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.

Flitways Technology Days Inventory Related Terms

Flitways Technology Days Inventory Historical Data

* Premium members only.

The historical data trend for Flitways Technology'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.

Flitways Technology Days Inventory Chart

Flitways Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Inventory
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Flitways Technology Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Sep19
Days Inventory 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 0.00 0.00 0.00 0.00 0.00

FTWS vs MPAY, YPPN, DRSV: Days Inventory Comparison

For the Software - Application subindustry, Flitways Technology'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.

Flitways Technology Days Inventory vs Software Industry

For the Software industry and Technology sector, Flitways Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where Flitways Technology's Days Inventory falls into.


Flitways Technology Days Inventory Calculation

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

Flitways Technology's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

Days Inventory (A: Dec. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2017 ) + Total Inventories (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (0 + 0) / 1 ) / 1.073*365
=0 / 1.073*365
=0.00

Flitways Technology's Days Inventory for the quarter that ended in Mar. 2019 is calculated as:

Days Inventory (Q: Mar. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2018 ) + Total Inventories (Q: Mar. 2019 )) / count ) / Cost of Goods Sold (Q: Mar. 2019 )*Days in Period
=( (0 + 0) / 1 ) / 0.022*365 / 4
=0 / 0.022*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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 0.00 mean?
Flitways Technology (FTWS) has a Days Inventory of 0.00 as of Mar. 2019. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Flitways Technology and its competitors.
Is Flitways Technology's Days Inventory too high?
Flitways Technology's current Days Inventory is 0.00.
How does Flitways Technology's Days Inventory compare to MPAY and YPPN?
Flitways Technology's Days Inventory of 0.00 can be compared against companies in the Software industry. The industry median Days Inventory is 20.13. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Software company?
The median Days Inventory among Software companies is 20.13, based on 1,650 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Flitways Technology and its competitors. For the Software industry, the median Days Inventory is 20.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flitways Technology's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flitways Technology stock overvalued right now?
Flitways Technology (FTWS) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Flitways Technology (FTWS), the current Days Inventory is 0.00 as of Mar. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Flitways Technology Business Description

Address 600 Corporate Pointe, Suite 5500, Culver City, CA, USA, 90230
Flitways Technology Inc is engaged in the business of transportation. Its main mission is to provide both corporate enterprises and their employees and travel resellers and their customers with a complete offering of fully integrated ground transportation solutions for any budget or need. Further, the company has created a software platform to give customers enterprise suite and app-based booking, billing, expense management and real-time monitoring for a simple to use ground transportation offering. It has one operating segment that is on-demand transportation business.