Days Inventory is also known as Days Sales of Inventory (DSI). Fintech Scion's Average Total Inventories for the
three
months ended in Dec. 2023 was $0.01 Mil. Fintech Scion's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $0.57 Mil.
Hence, Fintech Scion's Days Inventory for the
three
months ended in Dec. 2023 was 2.07.
The historical rank and industry rank for Fintech Scion's Days Inventory or its related term are showing as below:
FINR'
s Days Inventory Range Over the Past 10 Years
Min: 1.7 Med: 127.86 Max: 942.92
Current: 4.87
During the past 10 years, Fintech Scion's highest Days Inventory was 942.92. The lowest was 1.70. And the median was 127.86.
FINR's Days Inventory is ranked better than 71.74% of 1564
companies
in the Software industry
Industry Median: 19.515
vs FINR: 4.87
Fintech Scion's Days Inventory
increased
from Dec. 2022 (0.42) to Dec. 2023 (2.07).
It might indicate that Fintech Scion's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Fintech Scion's Inventory Turnover for the
three
months ended in Dec. 2023 was 44.15.
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 Scion's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.30.
Fintech Scion Days Inventory Historical Data
The historical data trend for Fintech Scion'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 Scion's Days Inventory
For the Software - Infrastructure subindustry, Fintech Scion'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 Scion's Days Inventory Distribution in the Software Industry
For the Software industry and Technology sector, Fintech Scion's Days Inventory distribution charts can be found below:
* The bar in red indicates where Fintech Scion's Days Inventory falls into.
Fintech Scion Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Fintech Scion's Days Inventory for the fiscal year that ended in Dec. 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.
Fintech Scion (OTCPK:FINR) 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 Scion's Inventory Turnover for the
three
months ended in Dec. 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 Scion's Inventory to Revenue for the
three
months ended in Dec. 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 Scion Days Inventory Related Terms
Thank you for viewing the detailed overview of Fintech Scion's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Fintech Scion (Fintech Scion) Business Description
Fintech Scion Ltd Formerly HWGC Holdings Ltd offers digital banking services by providing the tools, skills and solutions to facilitate payment services to merchants, offering a variety of secured, online and fully managed transactions and settlements. It provides a financial layered ecosystem built on a broad technology infrastructure that enables financial institutions to offer a consolidated experience. The Company support different verticals serving the business-to-business, business-to-consumer and consumer-to-business landscape.
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