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FingerMotion (FingerMotion) Days Inventory : 0.00 (As of Feb. 2024)


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What is FingerMotion Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). FingerMotion's Average Total Inventories for the three months ended in Feb. 2024 was $0.00 Mil. FingerMotion's Cost of Goods Sold for the three months ended in Feb. 2024 was $7.48 Mil. Hence, FingerMotion's Days Inventory for the three months ended in Feb. 2024 was 0.00.

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

During the past 11 years, FingerMotion's highest Days Inventory was 0.02. The lowest was 0.01. And the median was 0.02.

FNGR's Days Inventory is not ranked *
in the Telecommunication Services industry.
Industry Median: 19.16
* Ranked among companies with meaningful Days Inventory only.

FingerMotion's Days Inventory stayed the same from Feb. 2023 (0.00) to Feb. 2024 (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. FingerMotion's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.00.


FingerMotion Days Inventory Historical Data

The historical data trend for FingerMotion'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.

FingerMotion Days Inventory Chart

FingerMotion Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.02 0.02 0.01 -

FingerMotion Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Days Inventory 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 - - - - -

Competitive Comparison of FingerMotion's Days Inventory

For the Telecom Services subindustry, FingerMotion'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.


FingerMotion's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, FingerMotion's Days Inventory distribution charts can be found below:

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



FingerMotion Days Inventory Calculation

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

FingerMotion's Days Inventory for the fiscal year that ended in Feb. 2024 is calculated as

Days Inventory (A: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2023 ) + Total Inventories (A: Feb. 2024 )) / count ) / Cost of Goods Sold (A: Feb. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 31.93*365
=0 / 31.93*365
=0.00

FingerMotion's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 7.483*365 / 4
=0 / 7.483*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.


FingerMotion  (NAS:FNGR) 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.

FingerMotion's Inventory Turnover for the three months ended in Feb. 2024 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.

FingerMotion's Inventory to Revenue for the three months ended in Feb. 2024 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.


FingerMotion Days Inventory Related Terms

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


FingerMotion (FingerMotion) Business Description

Traded in Other Exchanges
N/A
Address
111 Somerset Road, Level 3, Singapore, SGP, 238164
FingerMotion Inc is engaged in the provision of mobile payment and recharge services in the China market. The company business line includes Telecommunications Products and Services; Value Added Products and Services; Short Message Services ("SMS") and Multimedia Messaging Services ("MMS"); a Rich Communication Services ("RCS") platform; Big Data Insights; and a Video Games Division (inactive). It principally earns revenue by providing mobile payment and recharge services to customers of telecommunications companies in China.
Executives
Yew Poh Leong director 61 SPRINGSIDE VIEW, SINGAPORE U0 786060
Martin Chung-wen Shen officer: CEO and CFO 1322 W. KING EDWARD AVE., VANCOUVER A1 V6H 1Z9
Chee Ming Cheong 10 percent owner UNIT A 19/F TIMES MEDIA CENTRE, 133 WAN CHAI ROAD, WAN CHAI K3 --
Eng Ho Ng director 159 JALAN KAMPONG CHANTEK, SINGAPORE U0 587887
Yew Hon Lee officer: Chief Financial Officer NO 5, JALAN BRP 3/3C, SUNWAY RAHMAN PUTR, SEKSYEN U20, SHAH ALAM., SELANGOR N8 40160
Yang Yeat Choe 10 percent owner 6-9-1 V SQUARE PJ CITY CENTRE, JALAN UTARA, PETALING JAYA, SELANGOR N8 46200
Li Li officer: GM of Issuer's affiliate UNIT 103, BLOCK 5, LANE 550, FUGUAN ROAD, CHANGNING DISTRICT, SHANGHAI F4 --
Chan Michael K H director 15-07, 70 BAYSHORE ROAD, COSTA DEL SOL U0 469987
Charles Thomas Mcmillen director 1103 SOUTH CAROLINA AVENUE, WASHINGTON DC 20003
Hsien Loong Wong director, 10 percent owner, officer: CEO, CFO, and Director 6 WINDSOR PARK HILL, SINGAPORE U0 574198
Michael Thomas Brigante director, 10 percent owner, officer: CEO, President, CFO 17 DANIEL DRIVE, HILLSBOROUGH NJ 08844