Days Inventory is also known as Days Sales of Inventory (DSI). Fintech Select's Average Total Inventories for the
three
months ended in Sep. 2023 was C$0.01 Mil. Fintech Select's Cost of Goods Sold for the
three
months ended in Sep. 2023 was C$0.05 Mil.
Hence, Fintech Select's Days Inventory for the
three
months ended in Sep. 2023 was 25.44.
The historical rank and industry rank for Fintech Select's Days Inventory or its related term are showing as below:
TSXV:FTEC'
s Days Inventory Range Over the Past 10 Years
Min: 6.78 Med: 20.08 Max: 32.21
Current: 26.55
During the past 13 years, Fintech Select's highest Days Inventory was 32.21. The lowest was 6.78. And the median was 20.08.
TSXV:FTEC's Days Inventory is ranked worse than 56.05% of 1563
companies
in the Software industry
Industry Median: 19.71
vs TSXV:FTEC: 26.55
Fintech Select's Days Inventory
declined
from Sep. 2022 (35.26) to Sep. 2023 (25.44).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Fintech Select's Inventory Turnover for the
three
months ended in Sep. 2023 was 3.59.
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
three
months ended in Sep. 2023 was 0.02.
Fintech Select Days Inventory Historical Data
The historical data trend for Fintech Select'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.
Competitive Comparison of Fintech Select's Days Inventory
For the Software - Infrastructure subindustry, Fintech Select'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.
Fintech Select's Days Inventory Distribution in the Software Industry
For the Software industry and Technology sector, Fintech Select's Days Inventory distribution charts can be found below:
* The bar in red indicates where Fintech Select's Days Inventory falls into.
Fintech Select Days Inventory Calculation
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 fiscal year that ended in Dec. 2022 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.
Fintech Select (TSXV:FTEC) 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.
Fintech Select's Inventory Turnover for the
three
months ended in Sep. 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.
Fintech Select's Inventory to Revenue for the
three
months ended in Sep. 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.
Fintech Select Days Inventory Related Terms
Thank you for viewing the detailed overview of Fintech Select's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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