FDMSF (Fandifi Technology) Inventory Turnover: 0.00 (As of Oct. 2023)


What is Fandifi Technology Inventory Turnover?

Fandifi Technology FDMSF -99.00% Inventory Turnover is 0.00 as of Oct. 2023.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Fandifi Technology's Cost of Goods Sold for the three months ended in Oct. 2023 was $0.00 Mil. Fandifi Technology's Average Total Inventories for the quarter that ended in Oct. 2023 was $0.00 Mil.

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

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.


Fandifi Technology  (OTCPK:FDMSF) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Fandifi Technology's Days Inventory for the three months ended in Oct. 2023 is calculated as:

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

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.

Fandifi Technology's Inventory to Revenue for the quarter that ended in Oct. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Oct. 2023 ) / Revenue (Q: Oct. 2023 )
=0 / 0
=

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Fandifi Technology Inventory Turnover Related Terms


Fandifi Technology Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Fandifi Technology's Inventory Turnover 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.

Fandifi Technology Inventory Turnover Chart

Fandifi Technology Annual Data
Trend Nov14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Fandifi Technology Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Inventory Turnover 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

Fandifi Technology Inventory Turnover Calculation

Fandifi Technology's Inventory Turnover for the fiscal year that ended in Jan. 2023 is calculated as

Inventory Turnover (A: Jan. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jan. 2023 ) / ((Total Inventories (A: Jan. 2022 ) + Total Inventories (A: Jan. 2023 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Fandifi Technology's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

Inventory Turnover (Q: Oct. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Oct. 2023 ) / ((Total Inventories (Q: Jul. 2023 ) + Total Inventories (Q: Oct. 2023 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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 Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
Fandifi Technology (FDMSF) has a Inventory Turnover of 0.00 as of Oct. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Fandifi Technology and its competitors.
Is Fandifi Technology's Inventory Turnover too high?
Fandifi Technology's current Inventory Turnover is 0.00.
How does Fandifi Technology's Inventory Turnover compare to TWOH and BZWR?
Fandifi Technology's Inventory Turnover of 0.00 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Software company?
A good Inventory Turnover depends on the Software industry context. However, Inventory Turnover 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 Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Fandifi Technology and its competitors. Fandifi Technology's current Inventory Turnover 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 Fandifi Technology stock overvalued right now?
Fandifi Technology (FDMSF) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Fandifi Technology (FDMSF), the current Inventory Turnover is 0.00 as of Oct. 2023. 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.

Fandifi Technology Business Description

Address 1100 Melville Street, Suite 830, Vancouver, BC, CAN, V6E 4A6
Fandifi Technology Corp is engaged in the development and monetization of the Company's all ages prediction and wagering Esports Entertainment Platform for engaging fans on mobile applications. The company operates in segments namely, Canada, Curacao, and Cyprus.