Fencing competitions open with pools: groups of five to seven fencers who all fence each other in bouts to 5 touches. Under FIE rules, the pool ranking is by victories divided by bouts fenced (V/M), then the indicator (touches scored minus touches received), then touches scored. If those are all equal, the fencers are ranked equal.
The pool ranking seeds the direct elimination table, where bouts go to 15 touches. Club leagues and season-long series often keep a standings table of their own on the same columns, adding points for placings at each event.