Fidelity National Information Services (MEX:FIS) Inventory Turnover : 0.00 (As of Sep. 2024)

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What is Fidelity National Information Services Inventory Turnover?

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. Fidelity National Information Services's Cost of Goods Sold for the three months ended in Sep. 2024 was MXN31,367 Mil. Fidelity National Information Services's Average Total Inventories for the quarter that ended in Sep. 2024 was MXN0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fidelity National Information Services's Days Inventory for the three months ended in Sep. 2024 was 0.00.

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. Fidelity National Information Services's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.00.

Fidelity National Information Services Inventory Turnover Historical Data

The historical data trend for Fidelity National Information Services'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.

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Fidelity National Information Services Inventory Turnover Chart

Fidelity National Information Services Annual Data

Trend

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Dec23

Inventory Turnover

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Fidelity National Information Services Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Fidelity National Information Services Inventory Turnover Calculation

Fidelity National Information Services's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	104306.754	/ (	(0	+	0)	/	1 )
=	104306.754	/	0
=	N/A

Fidelity National Information Services's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	31366.648	/ (	(0	+	0)	/	1 )
=	31366.648	/	0
=	N/A

Fidelity National Information Services (MEX:FIS) 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.

Fidelity National Information Services's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	0	/	31366.648	*	365 / 4
	=	0.00

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.

Fidelity National Information Services's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	0	/	50604.071
	=	0.00

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.

Fidelity National Information Services Inventory Turnover Related Terms

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Fidelity National Information Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fidelity National Information Services Inc (MEX:FIS) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

FIS:USA 0ILW:UK ZGY:Germany ZGY:Germany F1NI34:Brazil FNIS:Austria

Address

347 Riverside Avenue, Jacksonville, FL, USA, 32202

Website

https://www.fisglobal.com

Fidelity National Information Services provides core processing and ancillary services to banks, but its business has expanded over time. By acquiring SunGard in 2015, the company now provides record-keeping and other services to investment firms. With the acquisition of Worldpay in 2019, FIS was providing payment processing services for merchants and holding leading positions in the United States and United Kingdom. But the company sold off a majority interest in Worldpay and now has only a minority stake.