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Flight Centre Travel Group (Flight Centre Travel Group) Days Inventory : 38.46 (As of Dec. 2023)


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What is Flight Centre Travel Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Flight Centre Travel Group's Average Total Inventories for the six months ended in Dec. 2023 was $11 Mil. Flight Centre Travel Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $50 Mil. Hence, Flight Centre Travel Group's Days Inventory for the six months ended in Dec. 2023 was 38.46.

The historical rank and industry rank for Flight Centre Travel Group's Days Inventory or its related term are showing as below:

FGETF' s Days Inventory Range Over the Past 10 Years
Min: 3.78   Med: 30.53   Max: 1875.89
Current: 30.67

During the past 13 years, Flight Centre Travel Group's highest Days Inventory was 1875.89. The lowest was 3.78. And the median was 30.53.

FGETF's Days Inventory is ranked better than
52.02% of 667 companies
in the Travel & Leisure industry
Industry Median: 36.02 vs FGETF: 30.67

Flight Centre Travel Group's Days Inventory increased from Dec. 2022 (34.34) to Dec. 2023 (38.46). It might indicate that Flight Centre Travel Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Flight Centre Travel Group's Inventory Turnover for the six months ended in Dec. 2023 was 4.75.

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. Flight Centre Travel Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.01.


Flight Centre Travel Group Days Inventory Historical Data

The historical data trend for Flight Centre Travel Group'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.

Flight Centre Travel Group Days Inventory Chart

Flight Centre Travel Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.93 19.35 1,783.63 147.81 42.33

Flight Centre Travel Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 359.52 70.65 34.34 47.35 38.46

Competitive Comparison of Flight Centre Travel Group's Days Inventory

For the Travel Services subindustry, Flight Centre Travel Group'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.


Flight Centre Travel Group's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Flight Centre Travel Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Flight Centre Travel Group's Days Inventory falls into.



Flight Centre Travel Group Days Inventory Calculation

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

Flight Centre Travel Group's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (4.94 + 10.549) / 2 ) / 66.776*365
=7.7445 / 66.776*365
=42.33

Flight Centre Travel Group's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (10.549 + 0) / 1 ) / 50.059*365 / 2
=10.549 / 50.059*365 / 2
=38.46

* 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.


Flight Centre Travel Group  (OTCPK:FGETF) 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.

Flight Centre Travel Group's Inventory Turnover for the six 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.

Flight Centre Travel Group's Inventory to Revenue for the six 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.


Flight Centre Travel Group Days Inventory Related Terms

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


Flight Centre Travel Group (Flight Centre Travel Group) Business Description

Traded in Other Exchanges
Address
275 Grey Street, South Brisbane, Brisbane, QLD, AUS, 4101
Flight Centre Travel is one of the largest travel agencies in the world. It operates an large network of shops globally, most of them located in Australia, the United States, and Europe. The group operates across the whole spectrum of the travel services market, including leisure travel retailing, in-destination experiences, corporate travel arrangement, and youth travel retailing. The services are facilitated via some 40 brands, with Flight Centre being the flagship brand in the leisure segment and FCM Travel the key brand in the corporate.

Flight Centre Travel Group (Flight Centre Travel Group) Headlines