Fintech Scion (Fintech Scion) Total Inventories : $0.01 Mil (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Fintech Scion Total Inventories?

Fintech Scion's total inventories for the quarter that ended in Dec. 2023 was $0.01 Mil. Fintech Scion's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $0.01 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Fintech Scion's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.00.

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 three months ended in Dec. 2023 was 2.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fintech Scion's Inventory Turnover for the quarter that 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 quarter that ended in Dec. 2023 was 0.30.

Fintech Scion Total Inventories Historical Data

The historical data trend for Fintech Scion's Total Inventories 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.

Fintech Scion Total Inventories Chart

Fintech Scion Annual Data

Trend

Oct14

Oct15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

0.02

0.01

Fintech Scion Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial															-	-	0.02	0.01	0.01

Fintech Scion Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Fintech Scion (OTCPK:FINR) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Fintech Scion's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(3.766	+	0.75 * 0.06	+	0.5 * 0.012	-	2.756
-	0	-	0.002)	/	298.743
=	0.00

2. 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 three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0.013	/	0.574	*	365 / 4
	=	2.07

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Fintech Scion's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	0.574	/	0.013
	=	44.15

4. 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 quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0.013	/	0.043
	=	0.30

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Fintech Scion Total Inventories Related Terms

Thank you for viewing the detailed overview of Fintech Scion's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Fintech Scion (Fintech Scion) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fintech Scion Ltd (OTCPK:FINR) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Portman House, 2 Portman Street, London, GBR, W1H 6DU

Website

https://www.fintechcashier.com

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.

Executives

Shalom Dodoun	10 percent owner	PORTMAN HOUSE, 2 PORTMAN STREET,, LONDON X0 W1H 6DU
Lip Bin Mok	director	37, JALAN BUKIT MALURI 14, TAMAN BUKIT MALURI, FEDERAL TERRITORY KUALA LUMPUR N8 52100
Chun Hoo Lim	director, 10 percent owner	NO. 59, JALAN MANJA 5, VILLA MANJA, SUNWAY SPK DAMANSARA, FEDERAL TERRITORY KUALA LUMPUR N8 52200
Christine Kulbas	director	PORTMAN HOUSE, 2 PORTMAN STREET, 4TH FLOOR FINTECHCASHIER OFFICE, LONDON X0 W1H 6DU
Yee Ming Leong	director, officer: CHIEF EXECUTIVE OFFICER	C-7-11 OAKLEAF PARK CONDO, BUKIT ANTARABANGSA, AMPANG N8 68000
Lim Hui Sing	10 percent owner	NO.27, JLN DU 4/7, TAMAN DAMAI UTAMA, PUCHONG, SELANGOR N8 47180
Wee Kiat Lim	director, 10 percent owner, officer: SECRETARY & CHAIRMAN OF BOARD	NO. 22A JALAN PJU 3/16 B, DAMANSARA INDAH RESORT HOMES, PETALING JAYA N8 47410
Chun Yen Lim	10 percent owner	792 CAMERON EAST TOWER, BLK 3B, GASHING HEIGHTS CONDO, PETALING JAYA N8 46000
Chun Hoo Lim	director	59 JALAN MANJA 5, VILLA MANJA SUNWAY SPK, DAMANSARA, WILAYAH PERSEKUTUAN, KUALA LUMPUR N8 52200

Fintech Scion (Fintech Scion) Headlines

No Headlines