Days Inventory is also known as Days Sales of Inventory (DSI). Fuel Tech's Average Total Inventories for the
three
months ended in Dec. 2023 was $0.38 Mil. Fuel Tech's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $3.10 Mil.
Hence, Fuel Tech's Days Inventory for the
three
months ended in Dec. 2023 was 11.24.
The historical rank and industry rank for Fuel Tech's Days Inventory or its related term are showing as below:
FTEK'
s Days Inventory Range Over the Past 10 Years
Min: 5.53 Med: 9.68 Max: 13.37
Current: 10.38
During the past 13 years, Fuel Tech's highest Days Inventory was 13.37. The lowest was 5.53. And the median was 9.68.
FTEK's Days Inventory is ranked better than 98.55% of 2906
companies
in the Industrial Products industry
Industry Median: 120.985
vs FTEK: 10.38
Fuel Tech's Days Inventory
increased
from Dec. 2022 (8.89) to Dec. 2023 (11.24).
It might indicate that Fuel Tech's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Fuel Tech's Inventory Turnover for the
three
months ended in Dec. 2023 was 8.12.
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.
Fuel Tech's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.06.
Fuel Tech Days Inventory Historical Data
The historical data trend for Fuel Tech'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.
Fuel Tech Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Days Inventory
11.35
5.53
6.57
8.83
9.83
Fuel Tech Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Days Inventory
8.89
9.17
13.65
8.89
11.24
Competitive Comparison
For the Pollution & Treatment Controls subindustry, Fuel Tech'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.
Fuel Tech Days Inventory Distribution
For the Industrial Products industry and Industrials sector, Fuel Tech's Days Inventory distribution charts can be found below:
* The bar in red indicates where Fuel Tech's Days Inventory falls into.
Fuel Tech Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Fuel Tech's Days Inventory for the fiscal year that 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.
Fuel Tech (NAS:FTEK) 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.
Fuel Tech's Inventory Turnover for the
three
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.
Fuel Tech's Inventory to Revenue for the
three
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.
Fuel Tech Days Inventory Related Terms
Thank you for viewing the detailed overview of Fuel Tech's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Fuel Tech Inc is an technology provider of boiler optimization, efficiency improvement, and air pollution reduction to utility and industrial customers. The company operates in two segments, Air Pollution Control and Fuel Chem. The Air Pollution Control technology segment includes technologies to reduce NOx emissions in flue gas from boilers, incinerators, furnaces and other stationary combustion sources. TheFuel Chem technology segment uses chemical processes in combination with advanced Computational Fluid Dynamics and Chemical Kinetics Modeling boiler modeling for the control of slagging, fouling, corrosion, opacity and other sulfur trioxide-related issues in furnaces and boilers through the addition of chemicals into the furnace using TIFI Targeted In-Furnace Injection technology.
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