NetCents Technology (XCNQ:NC) Days Inventory : 0.00 (As of Jul. 2020)

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What is NetCents Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NetCents Technology's Average Total Inventories for the three months ended in Jul. 2020 was C$0.00 Mil. NetCents Technology's Cost of Goods Sold for the three months ended in Jul. 2020 was C$0.02 Mil. Hence, NetCents Technology's Days Inventory for the three months ended in Jul. 2020 was 0.00.

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

XCNQ:NC's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 19.5
* Ranked among companies with meaningful Days Inventory only.

NetCents Technology's Days Inventory stayed the same from Jul. 2019 (0.00) to Jul. 2020 (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. NetCents Technology's Inventory-to-Revenue for the three months ended in Jul. 2020 was 0.00.

NetCents Technology Days Inventory Historical Data

The historical data trend for NetCents 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.

* Premium members only.

NetCents Technology Days Inventory Chart

NetCents Technology Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Days Inventory

NetCents Technology Quarterly Data
	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of NetCents Technology's Days Inventory

For the Software - Infrastructure subindustry, NetCents 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.

NetCents Technology's Days Inventory Distribution in the Software Industry

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

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

NetCents Technology Days Inventory Calculation

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

NetCents Technology's Days Inventory for the fiscal year that ended in Oct. 2019 is calculated as

	Days Inventory (A: Oct. 2019 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Oct. 2018 )	+	Total Inventories (A: Oct. 2019 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2019 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.03	*	365
=	0					/	0.03	*	365
=	0.00

NetCents Technology's Days Inventory for the quarter that ended in Jul. 2020 is calculated as:

	Days Inventory (Q: Jul. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Apr. 2020 )	+	Total Inventories (Q: Jul. 2020 ))	/	count )	/	Cost of Goods Sold (Q: Jul. 2020 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.023	*	365 / 4
=	0					/	0.023	*	365 / 4
=	0.00

NetCents Technology (XCNQ:NC) 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.

NetCents Technology's Inventory Turnover for the three months ended in Jul. 2020 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.023	/	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.

NetCents Technology's Inventory to Revenue for the three months ended in Jul. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.07
	=	0.00

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.

NetCents Technology Days Inventory Related Terms

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

NetCents Technology (XCNQ:NC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NetCents Technology Inc (XCNQ:NC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

350-375 Water Street, Vancouver, BC, CAN, V6B 5C6

Website

https://www.net-cents.com

NetCents Technology Inc is engaged in software development for the payment processing industry. It helps in KYC, AML, IP Verification, eWallets, Merchant Gateway, Blockchain and Cryptocurrency Technology, Risk and Fraud Reduction, and Instant Settlements.