[Python] Path shortener

def cut_path(path):
    ''' This function takes a path and outputs the path cut with the ... after the
     the first folder after the first character and completes the name with the filename or the last folder
    Example:
    C:/Users/Mauro/Desktop/DenoiseAvg/DenoiseAverage/test_cut_path.py
    C:/Users/.../test_cut_path.py
     '''
    endidx = 5
    char = path[endidx]
    while char != '/' and endidx < len(path):
        endidx += 1
        char = path[endidx]

    inpath = path[:endidx + 1 ]

    rpath = path[::-1]
    idx = 1
    char = rpath[idx]
    while char != "/" and idx < len(rpath):
        idx += 1
        char = rpath[idx]

    endpath = path[len(path) - idx - 1 : ]

    outpath = inpath + "..." + endpath
    return outpath