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FintechWerx International Software Services (XCNQ:WERX) Days Inventory : 0.00 (As of Oct. 2023)


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What is FintechWerx International Software Services Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). FintechWerx International Software Services's Average Total Inventories for the three months ended in Oct. 2023 was C$0.00 Mil. FintechWerx International Software Services's Cost of Goods Sold for the three months ended in Oct. 2023 was C$0.06 Mil. Hence, FintechWerx International Software Services's Days Inventory for the three months ended in Oct. 2023 was 0.00.

The historical rank and industry rank for FintechWerx International Software Services's Days Inventory or its related term are showing as below:

XCNQ:WERX's Days Inventory is not ranked *
in the Software industry.
Industry Median: 19.53
* Ranked among companies with meaningful Days Inventory only.

FintechWerx International Software Services's Days Inventory stayed the same from . 20 (0.00) to Oct. 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. FintechWerx International Software Services's Inventory-to-Revenue for the three months ended in Oct. 2023 was 0.00.

FintechWerx International Software Services Days Inventory Historical Data

The historical data trend for FintechWerx International Software Services'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.

FintechWerx International Software Services Days Inventory Chart

FintechWerx International Software Services Annual Data
Trend Apr23
Days Inventory
-

FintechWerx International Software Services Quarterly Data
Jul23 Oct23
Days Inventory - -

Competitive Comparison of FintechWerx International Software Services's Days Inventory

For the Software - Infrastructure subindustry, FintechWerx International Software Services'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.

FintechWerx International Software Services's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where FintechWerx International Software Services's Days Inventory falls into.


FintechWerx International Software Services Days Inventory Calculation

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

FintechWerx International Software Services's Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as

Days Inventory (A: Apr. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: . 20 ) + Total Inventories (A: Apr. 2023 )) / count ) / Cost of Goods Sold (A: Apr. 2023 )*Days in Period
=( ( + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

FintechWerx International Software Services's Days Inventory for the quarter that ended in Oct. 2023 is calculated as:

Days Inventory (Q: Oct. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jul. 2023 ) + Total Inventories (Q: Oct. 2023 )) / count ) / Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0.055*365 / 4
=0 / 0.055*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.

FintechWerx International Software Services  (XCNQ:WERX) 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.

FintechWerx International Software Services's Inventory Turnover for the three months ended in Oct. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.055 / 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.

FintechWerx International Software Services's Inventory to Revenue for the three months ended in Oct. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 / 0.042
=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.

FintechWerx International Software Services Days Inventory Related Terms

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

FintechWerx International Software Services (XCNQ:WERX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » FintechWerx International Software Services Inc (XCNQ:WERX) » Definitions » Days Inventory
Comparable Companies
Traded in Other Exchanges
N/A
Address
750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7
Website
https://www.fintechwerx.com
FintechWerx International Software Services Inc is an e-commerce technology company. The Company is engaged in delivering enrollment, automated identity verification, payment solutions, and data management services. The FintechWerx Platform is a combination of both licensed and proprietary software together the Technology Stack that provides a single comprehensive, suite of services for small to medium sized enterprises.

FintechWerx International Software Services (XCNQ:WERX) Headlines

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